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Listed by Erica Alexei • Keller Williams Realty Bothell.
FOR SALE

$1,150,000

Est. $6,370/mo

118 27th Avenue S, Seattle, WA 98144

• Listed Jul 2, 2026•39 days active · 39 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Keller Williams Realty Bothell; Erica Alexei; 425-395-9292; erica.alexei@outlook.com

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Listing Broker: Keller Williams Realty Bothell; Erica Alexei; 425-395-9292; erica.alexei@outlook.com

About this home

Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Purchase price includes the price of the permits.

Property type
Townhouse
Year built
Not listed
Interior
Not listed
Lot size
0.1125 acres
Parking
None
Price / sq ft
Not listed
Property taxes$9,419/yr (est.)
School districtSeattle

Listed by Erica Alexei • Keller Williams Realty Bothell

Listing updated: September 21, 2026 at 11:36pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2549317

Around this home

RexMont OfferEdge™

How much should you offer?

118 27th Avenue S, Seattle, WA 98144

List price
$1,150,000
Down payment
$230,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Layout

  • Multi-Family

Schools

Ratings via SchoolDigger

Seattle School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
0.11 acres
Lot square feet
4,900 sq ft
Lot dimensions
4900
Lot details
Corner Lot, Sidewalk

Zoning & use

Zoning jurisdiction
City
Restrictions
No Restrictions

Utilities

Utilities
Electricity Connected, Natural Gas Available
Electricity
On Property
Gas
In Street
Water
On Property
Sewer
On Property

Road & access

Road surface
Paved
Road responsibility
Private Maintained Road
Road information
Paved,Privately Maintained

Surveys & reports

Sketch submitted
No

Water & irrigation

Waterfront
No
Irrigation water rights
No

Taxes & assessment

Annual taxes
$9,419
Tax year
2026
Financing
Cash, Conventional, FHA
Seller disclosure
Provided
Preliminary title ordered
Yes

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 118 27th Avenue S

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Jul 2, 2026
    Listed
    NWMLS via MLS Grid · #2549317
    $1,150,000
  2. Jun 3, 2026
    Listed
    NWMLS via MLS Grid · #2533338
    $1,150,000
  3. Jan 19, 2024
    Sold
    NWMLS via MLS Grid · #2178444
    $920,000
  4. Nov 28, 2023
    Pending
    NWMLS via MLS Grid · #2178444
    $951,115
  5. Nov 16, 2023
    Listed
    NWMLS via MLS Grid · #2178444
    $951,115

Mortgage payment forecast

$7,443 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Keller Williams Realty Bothell; Erica Alexei; 425-395-9292; erica.alexei@outlook.com

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 66 days.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 21, 2026 at 5:25 AM PT (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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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