Property Details
3632 36th Avenue S
Seattle, WA 98144
$850,000
Active
Schedule a Showing
Select your date preference
Request More Info
1 / 9
Property Overview
Exceptional opportunity to acquire a Seattle development site with an advanced permit package for 8 modern townhomes. The project includes plans for two 4-unit buildings with a future unit lot subdivision, offering a significant head start for builders and developers. Extensive architectural, civil, structural, landscape, and utility work has already been completed, with an issued demolition permit and development documents available for buyer review. Located in the desirable Mount Baker neighborhood, just minutes from Light Rail, Downtown Seattle, Lake Washington, parks, restaurants, and major commuter routes. Existing home is sold as-is. Buyer to verify all plans, permits, approvals, unit count, and development potential to their own satisfaction.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Mt Baker
Listed
Aug 3, 2026
Original Price
$1,000,000
Structure Type
Duplex
Parcel Number
9834201390
Tax & HOA
Annual Property Tax
$7,688 (2026)
Est. Monthly Tax
$641/mo
Financial Summary
Cap Rate
1.58%
Net Operating Income
$17,612
Gross Scheduled Income
$36,000
Gross Rent Multiplier
30.97
Total Expenses
$16,588
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
1,800
Leasable Area
1,800 sqft
Total Units
2
Lot Size
4,082 sqft
Year Built
1967
Exterior & Lot
Lot Size
0.09 sqft
Year Built
1967
Exterior Materials
Wood
Sewer
Sewer Connected
Exterior Features
Wood Products
Community & Access
Directions
GPS
Location
City
Seattle
County
King
Coordinates
47.57057, -122.28797
Additional Information
Tax Year
2026
Annual Taxes
$7,688
Possession
Array
Based on information submitted to the MLS GRID as of August 10, 2026 6:30 PM. 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.
