201 & 205 26th Avenue E, Seattle, WA 98112 (MLS # 2552274)
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Listing provided courtesy of Northwest MLS; Windermere RE/Capitol Hill,Inc
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Corner double-lot opportunities like this simply don't come around: two side-by-side triplexes at 201 and 205 26th Ave E, offered together as a single six-unit assemblage commanding the corner of 26th Ave E and E John St, in one of Seattle's most desirable and centrally located neighborhoods just minutes from Downtown, South Lake Union, and the Eastside. Six two-bedroom apartments span the two matched buildings, with 201's spacious owner's suite a natural fit for an owner-occupant who wants to live in one home and let the others help carry it. With alley-accessed off-street parking and a full-corner footprint, it delivers the practical features investors and developers actually look for. All six units are income-producing, delivering in-place cash flow from day one. And the options are what set it apart: hold as-is for a stable six-unit income position in a location that consistently holds its value; redevelop under its LR3 (Lowrise 3) zoning, where the combined lots offer the density and scale for new townhomes or apartments that a single parcel can't match; or take the existing buildings through a full rehab and reposition them as modernized, higher-yield homes. A contiguous LR3 corner assemblage like this rarely trades, and almost never as a matched pair of side-by-side triplexes. Two Parcels 982870-2400 & 982870-2405
| LAST UPDATED | 7/10/2026 | TRACT | Madison Valley |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Madison Valley |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Mc Gilvra |
|---|---|
| Jr. High School | Meany Mid |
| High School | Garfield High |
| ADDITIONAL DETAILS | |
| AREA | 390 - Central Seattle |
|---|---|
| HEAT | None |
| LOT | 9601 sq ft |
| LOT DESCRIPTION | Corner Lot, Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| STYLE | 42 - Multi-Family |
| SUBDIVISION | Madison Valley |
| TAXES | 23128 |
| UTILITIES | Electricity Connected, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| ZONING | Residential |
| SATELLITE VIEW |
| / | |
Properties with the 
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 7/11/26 3:18 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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