$1,100,000
Est. $5,825/mo3 bd•1 ba•1,170 sq ft
1900 23rd Avenue S, Seattle, WA 98144
• Listed 2026-08-25•25 days on market
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Welcome to the Mt. Baker Development Site, a premier urban infill development opportunity. Positioned on a prominent corner parcel, the site consists of approximately 4,800 square feet and benefits from NC3-75 (M) zoning, allowing for a wide range of mixed-use and residential development opportunities. Current ownership has completed plans and permits for a 40-unit apartment building with ground-floor retail, significantly reducing development timelines and creating an immediate path to construction for a future owner. In addition to the approved apartment concept, the property's zoning and location may support alternative development strategies, including townhomes or revised multifamily layouts with larger unit configurations, subject to buyer verification and municipal approvals. The site is strategically located within Seattle’s highly desirable Mt. Baker neighborhood. The area continues to attract substantial residential and mixed-use investment due to its proximity to major employment centers and transportation infrastructure. Residents benefit from convenient access to both the Mt. Baker and Beacon Hill Light Rail Stations, providing direct connectivity to Downtown Seattle, Bellevue, Sea-Tac Airport, and the broader Puget Sound region. Located within one of Seattle’s most transit-oriented and rapidly evolving neighborhoods, the property offers developers the opportunity to capitalize on strong residential demand and favorable zoning.
Listed by Jonathan D. Bye • John L. Scott, Inc
Listing updated: August 26, 2026 at 05:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2573248
Open houses
No upcoming open houses scheduled for this property.
1900 23rd Avenue S, Seattle, WA 98144
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
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.
$6,822 per month
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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 4 days.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 26, 2026 at 05:01am (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.
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$1,078,000
-$22,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $575K and $800K.
Rental earnings
$3,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$628,000Last sold price
1701 S Atlantic Street #b, Seattle, WA 98144

$650,000Last sold price
936 Martin Luther King Jr Way S, Seattle, WA 98144
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.
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