Listing Agency: Coldwell Banker Danforth v***@gmail.com Show Phone

Listed By: Virginia Lawson Show Phone

Source: Moodyscre

Added: Oct 28, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:19AM

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Investment Insights

Based on property information with market context.

This property presents an investment or redevelopment opportunity in Seattle, featuring a duplex constructed in 1900. The building offers a total of 2,940 square feet, suitable for renovation or redevelopment. Situated on a 4,800 square foot corner lot, the property is zoned LR2(M), allowing for multi-unit development or redevelopment. The location provides convenient access to downtown, I-5, I-90, schools, parks, and public transportation. This property is suitable for builders, investors, or those looking for a project with redevelopment potential.

Key Highlights

• LR2(M) zoning allows for multi‑unit development or redevelopment.
• Large 4,800 SF corner lot.
• 2,940 SF duplex ready for renovation or reimagining.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,627

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Duplex on corner lot near downtown Seattle, zoned LR2(M).

Where is this residential land & home lot located?

The property is located at 203 23rd Ave Seattle, WA.

What are key features of this property?

This property features: LR2(M) zoning allows for multi‑unit development or redevelopment.; Large 4,800 SF corner lot.; 2,940 SF duplex ready for renovation or reimagining.