Lana Anderson

1403 E Alder Street

Seattle, WA
$ 499,000 Beds 3 Baths 1 Sq 720 Virtual Tour
Monthly Estimate* How much can I afford?

Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1, offering strong development potential for townhouse-style or multi-unit development, subject to buyer verification. The existing structure is likely a teardown - offered strictly as-is, with the primary value centered on the land and its development potential. Alternatively, buyers may consider a down-to-the-studs remodel and rebuild to create a 1 story with basement custom home tailored to their vision. Located in a desirable and rapidly evolving neighborhood surrounded by new construction and residential growth, the property offers convenient access to major industry, commuter routes, shopping, dining, parks, and the many amenities of Seattle's Central District. An exceptional opportunity for builders, developers, and investors to create value in one of Seattle’s high-demand areas. Bring your vision—opportunities like this are increasingly rare. Buyer to independently verify zoning, land use, permitting requirements, feasibility, and all development potential with the City of Seattle.

Pending

  • Price
  • $ 499,000
  • City
  • Seattle
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • KING
  • Half Bathrooms
  • 0
  • Area
  • Central Seattle
  • Lot Size
  • 0.0939 Acres
  • Zip
  • 98122
  • Sqr Footage
  • 720
  • Year Built
  • 1945
  • Taxes
  • $ 6280
  • Style
  • 1 Story w/Bsmnt.
  • MLS#
  • 2583937
Listed By: Windermere Real Estate Co. and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 720
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing,Negotiable
Roof Composition
Appliances Refrigerator,Stove(s)/Range(s),Washer
Security Features Fully Fenced
Year Built 1945
View City
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2026
County King
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Central Area
Facing Direction North
Full Baths 1
Special Listing Conditions None
Status Pending
Directions From I-5,take the James Street exit,head east,turn right onto 14th Ave,left onto E Alder St,and continue to 1403 E Alder St.
High School Garfield High
City Seattle
Entry Location Main
Senior Community Y/N No
High School District Seattle
MLS Area 390 - Central Seattle
Lot Size Units Square Feet
Lot Size Square Feet 4089
Carport Y/N No
Listing Terms Cash,Conventional,Rehab Loan,VA Loan
Elementary School Bailey Gatzert
Land Lease Y/N No
Tax Annual Amount 6280.5
Middle/Junior High School Wash Mid
Public Remarks Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1,offering strong development potential for townhouse-style or multi-unit development,subject to
Virtual Tour https://view.spiro.media/order/30e1b690-3a82-45cd-af8e-092df351b207?version=21_079&branding=false
Structure Type House
Building Area Units Square Feet
Standard Status Pending
Water Company Seattle Public Utilities
Property Style 16 - 1 Story w/Bsmnt.
NWM_ShowMapLink Yes

Interior Features

Basement Partially Finished
Flooring Hardwood,Vinyl,Carpet
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 1
Bedrooms Possible 2
Power Production Type Electric
Baths Full Main 1
Bathrooms 1

Exterior Features

Exterior Amenities Wood,Wood Products
Vegetation Garden Space
Parking Features None
Lot Features Corner Lot,Curbs,Open Space,Paved,Sidewalk,Value In Land
Water Source Public
Inclusions Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Block
Building Area Total 720
Lot Dimensions 84' X 49'
Lot Size Acres 0.0939
Waterfront Y/N No
Irrigation Water Rights Y/N No
Site Features Fenced-Fully,Gas Available,Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Bailey Gatzert Elementary School
Middle School Wash Mid
High School Garfield High

Price History

9/17/2026 Listed $499,000

Property vs Zip Code Average in 98122

Price
AVG $1.22M
$500K
Taxes
AVG $9,642
$6,280
Year Built
AVG 1979
1945
Visits
AVG 218
25
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1403 E Alder Street Seattle, WA is a Single Family Home for sale at $499000 with 720 sqft and a lot size of 0.0939 Acres Acre(s). 1403 E Alder Street Seattle has 3 bedrooms, 1 baths and was built in 1945. The property's zip code is 98122 which is in Seattle, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lana Anderson

Lana Anderson

Real Estate Broker

360-910-9797

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