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Listed by: Adriano Tori (425) 420-5256 | RexMont Real Estate (425) 217-5630
$775,000
Monthly Est:$3,857
4 Beds
- 2 Baths
2 full baths
2,080sqft
3456 23rd Avenue W, Seattle, WA 98199
$775,000
$3,857/moEst:
Get Pre-Approved
Single Family Residence
Built in 1911
$-- HOA
3,750 sqft lot
$373/sq.ft
Description
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 & investors, 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
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 1:13 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2578926

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1911
HOA Fees
-
Finished Area
2,080 sqft
Lot Size
3,750 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2578926
MLS Status
Active
Days on Market
27
Cumulative Days on Market
26

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Den/Office
Level: Main
Dining Room
Level: Main
Entry Hall
Level: Main
Extra Fin Room
Level: Lower
Family Room
Level: Lower
Kitchen With Eating Space
Level: Main
Living Room
Level: Main
Primary Bedroom
Level: Main
Utility Room
Level: Lower
Bathroom Full
Level: Lower
Bathroom Full
Level: Main
Bedroom
Level: Lower
Bedroom
Level: Lower
Bedroom
Level: Main
Interior
Flooring
Hardwood, Vinyl, Carpet
Appliances
Dishwasher, Refrigerator, Stove(s)/range(s)
Exterior Features
Wood Products
Sewer
Sewer Connected
Interior Features
Dbl Pane/storm Window, Dining Room, Fireplace
Heating
Forced Air
Cooling
See Remarks
Construction
Year Built
Year Built: 1911
Home type
Single Family Residence
Architectural Style
Craftsman
Roof
Composition
Property Condition
Fixer
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Parking Features
Attached Carport, Rv Parking
Security Features
Fully Fenced
Basement
Daylight, Finished
Water Source
Public
Other Features
Lot Features
Corner Lot, Curbs, Open Space, Paved, Secluded, Sidewalk
Subdivision Name
Magnolia
Community Features
Park, Trail(s)
Vegetation
Garden Space
Price History
| Date | Event | Price |
|---|---|---|
09/06/2026 Source: | Listed for Sale | $775,000 -6.63% $373/sqft |
07/21/2023 Source: | Sold | $830,000 $399/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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