$684,950
Est. $3,453/mo2 bd•1 ba•760 sq ft
742 S Director Street, Seattle, WA 98108
• Listed 2026-05-11•37 days on market
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Positioned in the heart of South Seattle, this exceptional development opportunity offers outstanding potential in a highly accessible location just minutes from Highway 99 and I-5. The property is ideally suited for a six-unit project and comes with much of the preliminary work already completed, creating a rare chance for builders, investors, and developers to move forward with confidence. A survey has been completed, preliminary site planning and unit design are in place, and the project is ready to be submitted to the county for permits so construction can begin. With sewer available and electrical, gas, and water already on site, this parcel is well positioned for efficient development. The property has also been perked and will include all onsite drainage, helping simplify the next phase of the process. Adding even more value, the existing home is in good condition and offers flexibility for interim rental income while permits are being processed. Rear access is available and only needs to be cleared, providing added convenience for future site use and construction planning. This is a standout opportunity to secure a property with strong upside, essential infrastructure in place, and a clear path toward development in a desirable South Seattle location. Whether you are looking to build, invest, or hold for future growth, this property offers a rare combination of location, readiness, and potential.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →$431,000
-$253,950 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $415K and $488K.
Rental earnings
$1,300/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$415,000Last sold price
540 S Concord Street, Seattle, WA 98108
$475,000Last sold price
846 S Trenton Street, Seattle, WA 98108
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
742 S Director Street, Seattle, WA 98108
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 12, 2026 at 12:12pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Listed by Richard Bezus • John L. Scott, Inc
Listing updated: May 12, 2026 at 12:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2521465
$720,000
700 S Willow St, Seattle, WA 98108
Sean Misday · Windermere Real Estate Co.
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 7 days.
$399,950 Sold
4 weeks ago
2 bd•1.5 ba
830 S Sullivan Street #b, Seattle, WA 98108
0%
Over list
—
Days on market
0.4 mi
Distance
$545,000 Sold
5 weeks ago
3 bd•1.5 ba•~1,380 sq ft•Single Family
541 S Cloverdale St #b, Seattle, WA 98108
2%
Over list
—
Days on market
0.3 mi
Distance
$505,000 Sold
6 weeks ago
3 bd•1 ba•~1,273 sq ft•Single Family
1055 S Cloverdale Street, Seattle, WA 98108
2%
Under list
—
Days on market
0.4 mi
Distance
$330,000 Sold
7 weeks ago
1 bd•1 ba•~509 sq ft•Single Family
828 S Sullivan Street #b, Seattle, WA 98108
6%
Under list
—
Days on market
0.4 mi
Distance
$524,950 Sold
8 weeks ago
2 bd•1 ba•~1,090 sq ft•Single Family
833 S Trenton Street, Seattle, WA 98108
0%
Over list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
