4723 21st Ave NE
Seattle, WA 98105
Map
- – beds
- – baths
- 3,996 sqft
- 4,000 sqft lot
- $405 per sqft
- 1980 build
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Rare investment opportunity in the heart of the University District. One of only two undeveloped parcels on the block—ideal for long-term hold or future development. Currently leased at $8,500/month through 8/31/2025, with rent increasing to $8,925/month through 8/31/2026. Zoned LR3 (M), allowing for multifamily or mixed-use potential. Surrounded by new developments and just blocks from UW campus, light rail, shops, and restaurants. High-demand rental area with strong income and appreciation potential. Tremendous value in land—don’t miss this chance to secure a prime spot in one of Seattle’s hottest submarkets!
Last checked:
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Last updated Jun 30, 2025
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MLS# 2376143 —
The Building
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Year Built:1950
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Year Built:1980
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Duplex
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Roof:Built-Up
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Foundation Details:Poured Concrete
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Security Features:Fully Fenced
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Exterior Features:Cement Planked, Wood Products
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Units In Building Total:1
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# of Units Total:1
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Stories Total:3
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Building Area Total:3996
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Building Area Units:Square Feet
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Calculated SqFt:3996
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SqFt Source:Public Record
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Construction Materials:Cement Plank, Wood
Interior
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Interior Features:Ceramic Tile
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Flooring:Ceramic Tile, Hardwood, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing, Subject to Tenant Rights
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Buyer Financing:Cash
Location
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Latitude:47.663787
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Longitude:-122.305781
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Directions:From downtown Seattle, get on I-5 N from 2nd Ave and Cherry St. Continue on I-5 N to 7th Ave NE. Take exit 169 from I-5 N. Take NE 50th St to 21st Ave NE.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Parcel Number:0925049186
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Lot Features:Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.0918
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Lot Size SqFt:4000
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Lot Size Source:Public Record
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (425) 455-2065
- Office phone:
- (425) 455-2065
Taxes
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Tax Year:2024
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Tax Annual Amount:14274
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Forced Air
Utilities
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Water Source:Public
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Sewer:Sewer Connected
Schools
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Elementary School:Buyer To Verify
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Middle Or Junior School:Buyer To Verify
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High School:Buyer To Verify
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High School District:Seattle
The Community
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Subdivision Name:University District
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Senior Community:false
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Association:false
Parking
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Parking Total:4
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Parking Uncovered Spaces:4
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Open Parking:true
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Open Parking Spaces:4
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Carport:false
Listing courtesy of NWMLS / Skyline Properties, Inc.. Bought with Coldwell Banker Bain.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/30/25
May 30, 2025
|
Sold | NWMLS | $1,620,000 | -3.6% |
|
5/22/25
May 22, 2025
|
Pending | NWMLS | $1,680,000 | |
|
5/14/25
May 14, 2025
|
Listed / Active | NWMLS | $1,680,000 | 12.8% (4.3% / YR) |
