Views
Address
1403 E Alder Street, Seattle, WA
Price
$ 499,000
Property Attributes
- ID#2583937
- TypeSingle Family
- CountyKING
- CitySeattle
- AreaCentral Seattle
- NeighborhoodCentral Area
- Zip98122
- Style1 Story w/Bsmnt.
- Year Built1945
- Taxes$ 6280
- Price$ 499,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage720
- Lot Size0.0939 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1, offering strong development potential for townhouse-style or multi-unit development, subject to buyer verification. The existing structure is likely a teardown - offered strictly as-is, with the primary value centered on the land and its development potential. Alternatively, buyers may consider a down-to-the-studs remodel and rebuild to create a 1 story with basement custom home tailored to their vision. Located in a desirable and rapidly evolving neighborhood surrounded by new construction and residential growth, the property offers convenient access to major industry, commuter routes, shopping, dining, parks, and the many amenities of Seattle's Central District. An exceptional opportunity for builders, developers, and investors to create value in one of Seattle’s high-demand areas. Bring your vision—opportunities like this are increasingly rare. Buyer to independently verify zoning, land use, permitting requirements, feasibility, and all development potential with the City of Seattle.
| Elementary School | Middle School | High School |
|---|---|---|
| Bailey Gatzert Elementary School | Wash Mid | Garfield High |
| Price History | |
|---|---|
| 9/17/2026 | Listed $499,000 |
General Features
| Living Area | 720 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Baseboard |
| Cooling | None |
| Possession | Closing,Negotiable |
| Roof | Composition |
| Appliances | Refrigerator,Stove(s)/Range(s),Washer |
| Security Features | Fully Fenced |
| Year Built | 1945 |
| View | City |
| Topography | Level |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| County | King |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Central Area |
| Facing Direction | North |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From I-5,take the James Street exit,head east,turn right onto 14th Ave,left onto E Alder St,and continue to 1403 E Alder St. |
| High School | Garfield High |
| City | Seattle |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Seattle |
| MLS Area | 390 - Central Seattle |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4089 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,Rehab Loan,VA Loan |
| Elementary School | Bailey Gatzert |
| Land Lease Y/N | No |
| Tax Annual Amount | 6280.5 |
| Middle/Junior High School | Wash Mid |
| Public Remarks | Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1,offering strong development potential for townhouse-style or multi-unit development,subject to |
| Virtual Tour | https://view.spiro.media/order/30e1b690-3a82-45cd-af8e-092df351b207?version=21_079&branding=false |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Seattle Public Utilities |
| Property Style | 16 - 1 Story w/Bsmnt. |
| NWM_ShowMapLink | Yes |
Interior Features
| Basement | Partially Finished |
|---|---|
| Flooring | Hardwood,Vinyl,Carpet |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| Total Baths | 1 |
| Bedrooms Possible | 2 |
| Power Production Type | Electric |
| Baths Full Main | 1 |
| Bathrooms | 1 |
Exterior Features
| Exterior Amenities | Wood,Wood Products |
|---|---|
| Vegetation | Garden Space |
| Parking Features | None |
| Lot Features | Corner Lot,Curbs,Open Space,Paved,Sidewalk,Value In Land |
| Water Source | Public |
| Inclusions | Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Block |
| Building Area Total | 720 |
| Lot Dimensions | 84' X 49' |
| Lot Size Acres | 0.0939 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Fenced-Fully,Gas Available,Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98122
Price
Taxes
Year Built
In The Neighborhood
Open House
Seattle
$ 1,870,000
- Type
- Single Family | Active
- Size
- 2,600 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: eXp Realty
Open House
Seattle
$ 899,950
- Type
- Single Family | Active
- Size
- 1,880 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: Berkshire Hathaway HS NW
Open House
Seattle
$ 750,000
- Type
- Single Family | Active
- Size
- 1,350 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Windermere Mercer Island
Open House
Seattle
$ 869,000
- Type
- Single Family | Active
- Size
- 1,580 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Listed by: COMPASS
Views
Seattle
$ 899,000
- Type
- Single Family | Active
- Size
- 1,596 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Listed by: Redfin
Open House
Seattle
$ 750,000
- Type
- Single Family | Active
- Size
- 1,310 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Keller Williams Realty Bothell
Open House
Seattle
$ 1,588,000
- Type
- Single Family | Active
- Size
- 3,500 SqFt
- Rooms
- 6 Beds + 4 Baths
Listed by: Skyline Properties, Inc.
Open House
Seattle
$ 995,000
- Type
- Single Family | Active
- Size
- 1,670 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Redfin
Views
Seattle
$ 1,080,000
- Type
- Single Family | Active
- Size
- 2,506 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: Windermere RE/Capitol Hill,Inc
Reduced
Seattle
$ 1,140,000
- Type
- Single Family | Active
- Size
- 2,170 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: Windermere Real Estate/East
Open House
Seattle
$ 629,950
- Type
- Single Family | Active
- Size
- 1,064 SqFt
- Rooms
- 2 Beds + 2 Baths
Listed by: Windermere Real Estate Co.
Open House
Seattle
$ 850,000
- Type
- Single Family | Active
- Size
- 1,614 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Redfin
