1403 E Alder Street, Seattle, 98122
MLS® #: 2583937
Active, 1 Days on Market
Listing Office: Windermere Real Estate Co.
Last Update: 2026-09-18
3
Beds
1
Bath
Garages
1
Dom
720
Square feet
0.09
Acres
1945
Built
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.
Features of 1403 E Alder Street
| MLS® # | 2583937 |
|---|---|
| Price | $499,000 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 720 |
| Acres | 0.09 |
| Year Built | 1945 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 1403 E Alder Street |
|---|---|
| Area | 390 - Central Seattle |
| Subdivision | Central Area |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98122 |
Amenities
| Parking | None |
|---|---|
| View | City |
| Is Waterfront | No |
Interior
| Appliances | Refrigerator, Stove(s)/Range(s), Washer |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Wood, Wood Products |
|---|---|
| Lot Description | Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land |
| Foundation | Block |
School Information
| District | Seattle |
|---|---|
| Elementary | Bailey Gatzert |
| Middle | Wash Mid |
| High | Garfield High |
Additional Information
| Date Listed | September 17th, 2026 |
|---|---|
| Days on Market | 1 |
| Cumulative Days on Market | 1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $6,281 |
Listing Details
| Office | Windermere Real Estate Co. |
|---|
Listing Map
Request a Showing
