Multifamily Development
For Sale
$2,500,000
5721 35th Avenue South, Seattle, WA 98118
Development site with completed Early Design Guidance for an 88-unit multifamily project.
Property SizeContact for details
Days on Market92
Property Features for 5721 35th Avenue South
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$14,852
Amenities
0, 0, 0, 0
No
Paved
Listing Agency:
eXp Realty
(888) 317-5197
Listed By:
Charity Alyce Hill · License #84343
(888) 317-5197
Source:
Compass
Added: May 10
Changed: Aug 8
Last Checked: Aug 8 at 10:03AM
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 eXp Realty
Investment Insights
Based on property information with market context.
Western Parcel is a residential land development site with completed Early Design Guidance for an 88-unit multifamily project, providing a structured path toward permitting and construction for the next owner.
The property is located at 5721 35th Avenue South in Seattle, at the intersection of Columbia City, Hillman City, and Beacon Hill. It is described as being two blocks from the future South Graham Street Light Rail Station, with convenient access to major bus routes and transportation corridors.
The offering also notes that the project may qualify for Seattle’s Multi-Family Tax Exemption (MFTE) program. The site is further described as being surrounded by parks, schools, employment centers, and daily amenities, supporting a transit-oriented residential development plan.
The property is located at 5721 35th Avenue South in Seattle, at the intersection of Columbia City, Hillman City, and Beacon Hill. It is described as being two blocks from the future South Graham Street Light Rail Station, with convenient access to major bus routes and transportation corridors.
The offering also notes that the project may qualify for Seattle’s Multi-Family Tax Exemption (MFTE) program. The site is further described as being surrounded by parks, schools, employment centers, and daily amenities, supporting a transit-oriented residential development plan.
Key Highlights
- Development site with completed Early Design Guidance for an 88‑unit multifamily project
- Located at the intersection of Columbia City, Hillman City, and Beacon Hill in Seattle
- Just two blocks from the future South Graham Street Light Rail Station for access to Downtown Seattle and Sea‑Tac Airport
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Development site with completed Early Design Guidance for an 88-unit multifamily project.
Where is this residential land & home lot located?
The property is located at 5721 35th Avenue South Seattle, WA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Development site with completed Early Design Guidance for an 88‑unit multifamily project; Located at the intersection of Columbia City, Hillman City, and Beacon Hill in Seattle; Just two blocks from the future South Graham Street Light Rail Station for access to Downtown Seattle and Sea‑Tac Airport
