Property Details
12206 1st Avenue S
Seattle, WA 98168
$599,999
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About This Home
Investment opportunity in south Seattle. TWO PARCELS. Zoned MU2. Large home with 5 bedrooms is currently a rental and tenants would like to stay. Keep tenants in place while you finish up your planning and developing. Seller planned to build but life changed. Site plans were finished and demo permit was issued.You could also update the main house and keep the lower level as a rental to generate additional income and offset your mortgage. Main level has two bedrooms and one bathroom. Lower level has 3 bedrooms and a bathroom. House is set back from the road behind mature laurel hedges. Close to SEATAC and easy access to HWY509.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Cedarhurst
Listed
Feb 18, 2026
Original Price
$690,000
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.28 sqft
Year Built
1943
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Wood
Location
City
Seattle
County
King
Coordinates
47.49438, -122.33334
Additional Information
Tax Year
2024
Annual Taxes
$3,700
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of May 1, 2026 4:15 AM. All data is obtained from various sources and may not have been verified by 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
