Courtesy of Keller Williams Rlty Bellevue and NWMLSNWMLS

OverviewEstate Overview - $550,000Closed

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12206 1st Avenue,

Seattle, WA 98168

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...See More

  • 0 Beds
  • 0 Baths
  • 12000 Sqft
  • Commercial Sale

OverviewListing Details

Status:Closed
Original Listing Price: $ 690,000
Listing Date: 02/18/2026
Days on dealty:Was on Dealty for 134 days
County:King
MLS Type:NWMLSNWMLS
Built In:1943
Has HOA:No
Status Change Date:July 02, 2026
Pool:No
Cumulative Days on market:112 days
Last Updated:07/03/2026, 03:22:36 AM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Commercial Industrial
  • Construction materials: Wood
  • Roof: Composition
Flooring
  • Vinyl
  • Carpet
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Wood,
Lot Details
  • Lot size: 0.2755 Acres / 12000 Square feet

AmenitiesAmenities

Utilities
  • Cooling - None
  • Heating - Forced Air
Laundry
    --
Parking
    --

HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Barb Pexa

(Keller Williams Rlty Bellevue)

MLS # NWM2482074

12206 1st Avenue

Seattle, WA 98168

$550,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/12206-1st-avenue-seattle-wa-98168
Approx sqft
12000
Year Built
1943
Lot Size
12000 sqft/ 0.276 acres

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 ...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 07/03/2026, 03:22:36 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.