$1,550,000
Est. $8,051/mo1908 E Madison Street, Seattle, WA 98122
• Listed 2026-09-11•1 day on market
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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 11, 2026 at 11:44am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2581574
1908 E Madison Street, Seattle, WA 98122
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.
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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 11 days.
$1,210,000 Sold
7 weeks ago
•Single Family
2011 E James Street, Seattle, WA 98122
4%
Under list
—
Days on market
0.7 mi
Distance
$2,482,500 Sold
7 weeks ago
4 bd•3.5 ba•~3,686 sq ft•Single Family
1632 35th Avenue, Seattle, WA 98122
4%
Under list
—
Days on market
0.9 mi
Distance
$670,000 Sold
7 weeks ago
3 bd•1.75 ba•~1,343 sq ft•Single Family
1722 Martin Luther King Jr Way, Seattle, WA 98122
1%
Under list
—
Days on market
0.5 mi
Distance
$899,000 Sold
2 months ago
3 bd•2 ba•~1,670 sq ft•Single Family
914 B 15th Avenue, Seattle, WA 98122
0%
Under list
—
Days on market
0.5 mi
Distance
$523,000 Sold
3 months ago
2 bd•1.25 ba•~818 sq ft•Single Family
1116 13th Avenue #c, Seattle, WA 98122
7%
Under list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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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 September 11, 2026 at 11:44am (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.
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