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MLS: #NWM2578926, Listed By: Adriano Tori, RexMont Real Estate, Source:NWMLS - Northwest Multiple Listing Service

3456 23rd Avenue

Seattle, WA 98199
Mark as Favorite
Bed 4

Bed

Bath 2

Bath

SqFt2,080

Sqft

Acres0.09

Acre(Lot)

BUILDER, DEVELOPER & INVESTOR OPPORTUNITY IN MAGNOLIA! Bring your vision & unlock the potential of this LR1(M)-zoned property offering multiple paths to create value in one of Seattle’s most desirable & established neighborhoods. Renovate & reposition the existing residence for a compelling flip, transform it into a long-term investment, or explore redevelopment opportunities under Seattle’s Lowrise Multifamily zoning. The existing home provides a substantial footprint w/walls of windows, abundant natural light, territorial views & a flexible layout featuring 2 bedrooms on the main + 2 on the lower level. Separate lower-level entrance adds versatility for future use, while Trex decking, patio, fenced yard & driveway parking for up to 4 vehicles provide additional upside. For builders & inv estors, the opportunity is the combination of multifamily zoning, existing improvements & a Magnolia location where finished housing commands attention. Create value through renovation or evaluate a new vision for the site—the optionality is the story. Minutes to Fishermen’s Terminal, Discovery Park, Ballard, Queen Anne, Downtown Seattle, shopping, dining & major commuter routes. FIX IT. FLIP IT. HOLD IT. REDEVELOP IT. An opportunity to manufacture value rather than pay retail for someone else’s finished project. Sold AS-IS. Buyer

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Detail Ic Property Details

Property Type : Residential

Price : $775,000

AD Id : 91044872

MLS Id : NWM2578926

Beds : 4

Lot Size : 0.09 Acre

Living Area Size : 2,080

Tax Amount : 9051.00

Year Built : 1911

County : King

Subdivision: Colonial Oaks

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Interior Features

    Dbl Pane/Storm Window, Dining Room, Fireplace Roof: Composition Appliances: Dishwasher, Refrigerator, Stove(s)/Range(s)

    Roofing Information

    Composition
  • Flooring Information

    Flooring: Hardwood, Vinyl, Carpet Construction Materials: Wood
  • Heating & Cooling

    Heating: Forced Air Has Heating: Yes Cooling: See Remarks Has Cooling: Yes WaterSource: Public

  • Building Information

    Year Built: 1911
  • Exterior Features

    Wood Products Construction Materials: Wood Foundation Details: Poured Concrete

  • Lot Information

    Lot Description: Corner Lot, Curbs, Open Space, Paved, Secluded, Sidewalk Lot Square Feet: 3750 Lot Acres: 0.0861

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Craftsman Structure Type: House

  • Listing Price Information

    Original List Price:$775000

  • Tax Information

    Annual Tax: $9051 Tax Year: 2025 Parcel Number: 2770601435

  • Parking Information

    Total Parking: 4 Attached Carport, RV Parking

  • School Information

    Junior High School: Mc Clure Mid Senior High School: Ballard High
  • Utility Information

    Sewer: Sewer Connected Water Source: Public
  • Location Information

    Subdivision: Magnolia City: Seattle Direction: Mercer Street to Westlake Ave N turn R Keep left to stay on Westlake Ave N continue onto Nickerson St Slight left onto W Nickerson St, Turn left onto W Emerson St, left on Gilman Ave, R on 23rd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2531 Gilman Drive, Seattle, WA, 98199 $550,000 4 1 1,310 0.07 Acre
3817 Gilman Avenue, Seattle, WA, 98199 $825,000 2 2 1,370 0.03 Acre
3645 22nd Avenue #G, Seattle, WA, 98199 $735,000 2 2 1,214 0.02 Acre
3443 21st Avenue, Seattle, WA, 98199 $820,000 3 2 2,580 0.08 Acre
3818 B 23rd Avenue, Seattle, WA, 98199 $775,000 2 2 1,504 0.03 Acre
3641 22nd Avenue #E, Seattle, WA, 98199 $897,000 3 2 1,809 0.03 Acre
3641 22nd Avenue #UNIT E, Seattle, WA, 98199 $849,500 3 2 1,809 0.03 Acre
2017 W Bertona, Seattle, WA, 98199 $844,950 3 3 1,871 0.02 Acre
2019 W Bertona, Seattle, WA, 98199 $814,950 3 3 1,852 0.02 Acre
4051 Gilman Avenue, Seattle, WA, 98199 $1,750,000 -- -- 6,793 --
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Based on information submitted to the MLS GRID as of 09/10/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 09/10/2026 @ 18:20

MLS: NWMLS #2578926 LISTED BY: Adriano Tori, RexMont Real Estate 425-217-5630 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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