2020 Eastlake Avenue E, Seattle, WA 98102
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: rob nicholson
Office: john l. scott, inc.
MLS#:2481300
Source:NWMLS
2020 Eastlake Avenue E,Seattle, WA 98102
$1,600,000
- - Beds
- - Baths
- 3,000 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,600,000
- Price per sq. ft.:$533.33
About this home
Rare development opportunity for Townhome Builder or Value-Add Investor in the heart of the South Lake Union/Eastlake corridor. Prime lot offers sweeping, protected views of Lake Union, the Seattle Skyline, and the Olympic Mountains. Able to accommodate 4-5 new townhomes. Two larger townhomes could be built off the alley & three smaller ones facing Lake Union (or vice versa). Avg unit size = 1,793 sq ft. The property currently houses a very clean, well-maintained, solid income producing 4-plex generating healthy returns while you navigate the permitting process. Landlord has never increased rent on a tenant. Zero vacancy. Outstanding tenants. Rents below market rate. Each unit features 1 bed/1 bath, fireplace, washer/dryer, dishwasher, hardwood flooring, parking. Large living rm could easily accomodate a 2nd bdrm in each unit. View photos shot from future 3rd -4th floor/roof top deck of this Bldg. Located on bus line & w/in walking distance to Amazon, Google, and the life sciences hub. 5 off-street parking spaces in rear. Zoned LR2(M), allowing for up to 4 stories with rooftop decks. Ideal opportunity for investor, builder or owner/occupant!
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Home facts
- Year built:1987
- Listing ID #:2481300
- Updated:February 18, 2026 at 01:21 AM
Rooms and interior
- Living area:3,000 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Torch Down
- Year built:1987
- Building area:3,000 sq. ft.
- Lot area:0.12 Acres
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$533.33
- Tax amount:$13,690 (2025)
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