Search
Vacant Lot Near Light Rail
For Sale
$435,000

38 XX S Morgan Street, Seattle, WA 98118

4,000 sqft vacant lot near Othello light rail station.

Property SizeContact for details
Days on Market452

Property Features for 38 XX S Morgan Street

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $4,276
Listing Agency: JOHN L. SCOTT DES MOINES
Listed By: PAUL LAU
Source: Corcoran
Added: Jun 21, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOHN L. SCOTT DES MOINES

Investment Insights

Based on property information with market context.

This is a rare opportunity for builders and developers to acquire a level, 4,000 sqft vacant lot. The property is located near the Othello light rail station and features excellent walk and bike scores of 84 and 85 respectively. Zoned RSL, this highly desirable multiunit property prominently occupies the southwest corner of 39th Ave S and S Morgan St. The corner lot borders a dedicated alley on the third side. The house next door, sited on a 3,500 sqft RSL lot, is also available for purchase, making it possible to combine the properties into an exceptional 7,500 sqft multiunit development.

Key Highlights

  • Vacant 4,000 sqft level lot zoned RSL, ideal for multiunit development.
  • Excellent walk score (84) and bike score (85).
  • Located near Othello light rail station.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Electrical Service Accounting Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Real Estate Agency

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

356
Businesses Nearby

Demographics for 98118, WA

47,504
Population
19,831
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
7,662
Density / Sq Mi
$109,085
Median Household Income
$54,827
Median Earnings
$1,831
Median Rent
$746,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 4,000 sqft vacant lot near Othello light rail station.
Where is this residential land & home lot located?
The property is located at 38 XX S Morgan Street Seattle, WA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Vacant 4,000 sqft level lot zoned RSL, ideal for multiunit development.; Excellent walk score (84) and bike score (85).; Located near Othello light rail station.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message