$595,000
Est. $3,059/mo2 bd•2 ba•1,150 sq ft
201 N 101st Street, Seattle, WA 98133
• Listed 2026-07-30•New today
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Based on information submitted to the MLS GRID as of July 31, 2026 at 05:03am (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.
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Rare opportunity to acquire an income-producing redevelopment property in one of Seattle's most sought-after neighborhoods. Positioned on a flat 5,449 SF lot with NR3 zoning allowing the potential for up to four residential units, this Greenwood property combines immediate rental income with exceptional long-term upside at an accessible price point. The existing single-family home is currently configured with separately rented upper and lower living spaces, generating $2,800/month in rental income while you pursue design, permitting, and redevelopment. Unlike a typical redevelopment site, this property provides income during the entitlement process, helping offset carrying costs while preserving multiple investment strategies. Just off Greenwood Ave with a Walk Score of 81, the property is steps from restaurants, parks, and everyday conveniences. Enjoy quick access to Hwy 99, I-5, Northgate Link Light Rail, RapidRide, and downtown Seattle. Per neighbors, future development may capture Olympic Mountain views, enhancing value. Whether you're planning your first redevelopment project or adding to an established portfolio, opportunities that combine immediate income, development flexibility, and a premier North Seattle location are increasingly difficult to find.
Listed by Ashley Abrams • Real Broker LLC
Listing updated: July 31, 2026 at 05:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2560712
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
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Open Sat, Aug 1
Open Sat, Aug 1$659,000
+$64,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $530K and $800K.
Rental earnings
$1,975/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$670,000Last sold price
335 N 103rd Street, Seattle, WA 98133
$800,000Last sold price
527 N 101st Street, Seattle, WA 98133
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.
201 N 101st Street, Seattle, WA 98133
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
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
$3,808 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 14 days.
$620,000 Sold
4 weeks ago
2 bd•2.5 ba•~1,091 sq ft•Single Family
904 N 107th Street, Seattle, WA 98133
5%
Under list
—
Days on market
0.6 mi
Distance
$830,000 Sold
7 weeks ago
3 bd•2.5 ba•~1,989 sq ft•Single Family
11231 Greenwood Avenue N #c, Seattle, WA 98133
0%
Over list
—
Days on market
0.7 mi
Distance
$795,000 Sold
2 months ago
3 bd•2.5 ba•~1,989 sq ft•Single Family
11231 Greenwood Avenue #b, Seattle, WA 98133
1%
Under list
—
Days on market
0.7 mi
Distance
$515,000 Sold
2 months ago
3 bd•2.5 ba•~1,330 sq ft•Single Family
10311 Midvale Avenue N #a, Seattle, WA 98133
1%
Under list
—
Days on market
0.6 mi
Distance
$1,950 Sold
3 months ago
2 bd•Single Family
10511 Midvale Avenue N #301, Seattle, WA 98133
7%
Under list
—
Days on market
0.6 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 Jul 2026
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.
