5721 35th AVE, Seattle, WA 98118 (MLS # 2521654)

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Listing provided courtesy of Northwest MLS; eXp Realty

PRICE $2,500,000
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 29,142 sqft

Western Parcel offers a rare opportunity to develop an 88-unit multifamily project in one of Seattle's most connected and rapidly growing neighborhoods. The project has successfully completed Early Design Guidance, allowing the next owner to move efficiently toward permitting and construction. Located at the intersection of Columbia City, Hillman City, and Beacon Hill, the site benefits from a vibrant and culturally rich community known for its diverse dining, retail, arts, and entertainment options. The neighborhood's strong identity and growing demand for housing continue to attract residents seeking an authentic urban lifestyle. The property is ideally positioned just two blocks from the future South Graham Street Light Rail Station, providing direct access to Downtown Seattle, Sea-Tac Airport, and the greater Puget Sound region. The site also offers convenient access to major bus routes and transportation corridors, supporting a highly walkable and transit-oriented living experience. Surrounded by parks, schools, employment centers, and daily amenities, Western Parcel is well suited for a modern residential development that combines urban accessibility with neighborhood character. The project may also qualify for Seattle's Multi-Family Tax Exemption (MFTE) program, enhancing long-term investment potential.

LAST UPDATED 5/11/2026 TRACT Columbia City
YEAR BUILT 0 COMMUNITY Columbia City
COUNTY King STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA 380 - Southeast Seattle
HEAT None
LOT 0.669 acre(s)
MLS STATUS Active
STYLE 42 - Multi-Family
SUBDIVISION Columbia City
TAXES 14852
UTILITIES Electricity Available, Natural Gas Available, Sewer Available
ZONING Commercial,Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/14/26 1:07 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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