$1,550,000
Est. $8,586/mo1908 E Madison Street, Seattle, WA 98122
• Listed Sep 11, 2026•27 days active · 27 cumulative
Listing Broker: COMPASS; Andrea Hettinga Kearns; 206-778-4573; andrea@andreakearns.com
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Listing Broker: COMPASS; Andrea Hettinga Kearns; 206-778-4573; andrea@andreakearns.com
About this home
Prime buildable 5384 sq ft lot on Capitol Hill, offering incredible potential in a highly sought-after area. Zoned NC3P75 (M), it allows for up to 75 feet tall of future development (6-7 stories), making it ideal for a mixed-use project. Future building can be used as apartments, condos, office space, hotel, grocery or retail. The possibilities are endless! The current structure on the land is 2802 sq ft that was taken down to the studs in 1995. It was previously used as a law office for many years with 10 rooms, 2 bathrooms and an apartment in the basement with a separate entrance that includes a full kitchen. There is also a parking lot in the back that can fit 4 cars. Lots of options for adaptive reuse or redevelopment. Located in a high demand area near major transit routes, shopping, and dining, with easy access to downtown Seattle and surrounding neighborhoods. This site offers unparalleled convenience for future residents and businesses. A prime opportunity to build in an established and high demand community! Seller open to owner financing.
Listed by Andrea Hettinga Kearns • COMPASS
Listing updated: September 24, 2026 at 06:15pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2581574
Around this home
How much should you offer?
1908 E Madison Street, Seattle, WA 98122
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
- Comm/Industrial
Schools
Ratings via SchoolDigger- Lowell Elementary SchoolPublic · Grades PK-5 · 0.7 mi · State rank 969 of 1,1382/10
- Edmonds S. Meany Middle SchoolPublic · Grades 6-8 · 0.4 mi · State rank 185 of 5146/10
- Seattle World SchoolPublic · Grades 9-12 · 0.3 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.12 acres
- Lot square feet
- 5,384 sq ft
- Topography
- Level
- Lot details
- Paved, Sidewalk
Zoning & use
- Zoning description
- Commercial,Multi-Family,Office,Residential,Retail
- Zoning jurisdiction
- City
- Possible use
- Commercial, Multi-Family, Office, Residential, Retail
- Improvements
- Driveway,Dwelling
Utilities
- Utilities
- Electricity Connected, Natural Gas Available
- Electricity
- On Property
- Gas
- On Property
- Water
- On Property
- Sewer
- On Property
Road & access
- Road surface
- Paved
- Road information
- Paved
Surveys & reports
- Sketch submitted
- No
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $28,860
- Tax year
- 2026
- Senior exemption
- No
- Financing
- Cash, Conventional, Owner Will Carry
- 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.
Opens with the report above.
Sales & Tax Records for 1908 E Madison Street
NWMLS via MLS Grid · King County AssessorEvery 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.
- Sep 11, 2026ListedNWMLS via MLS Grid · #2581574$1,550,000
- May 22, 2002Recorded saleKing County recorder · Quit claim deed$176,970
- Oct 1, 1999Recorded saleKing County recorder · Statutory warranty deed$325,000
Mortgage payment forecast
$11,379 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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: COMPASS; Andrea Hettinga Kearns; 206-778-4573; andrea@andreakearns.com
Market pulse
Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 53 days.
Recent sales nearby
Within 1 mile · last 6 months$1,125,000 Sold
1 day ago
3 bd•3.5 ba•~1,720 sq ft•Single Family
2612 E Denny Way, Seattle, WA 98122
0%
Over list
40
Days on market
0.4 mi
Distance
$795,000 Sold
1 day ago
2 bd•1 ba•~980 sq ft•Single Family
3005 E Union Street, Seattle, WA 98122
0%
Over list
33
Days on market
0.7 mi
Distance
$525,000 Sold
5 days ago
3 bd•1 ba•~720 sq ft•Single Family
1403 E Alder Street, Seattle, WA 98122
5%
Over list
29
Days on market
0.9 mi
Distance
$1,030,000 Sold
6 days ago
5 bd•2.75 ba•~2,506 sq ft•Single Family
731 19th Avenue, Seattle, WA 98122
5%
Under list
43
Days on market
0.6 mi
Distance
$925,000 Sold
1 week ago
3 bd•2.25 ba•~1,727 sq ft•Single Family
727 15th Avenue #C, Seattle, WA 98122
0%
Over list
40
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 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 4:54 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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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