Investors and Builders: Prime Madrona location steps to neighborhood retail and transit. Surrounded by a mix of classic homes, newer townhomes, condos, and commercial amenities, this 6,545 SF NR3-zoned corner lot offers strong redevelopment and value-add potential in a proven growth pocket. Sold As-Is. Flexible options include renovation with ADU/DADU configuration, repairing the existing home, or exploration of multi-unit development…
The Story
2903 east union street
Investors and Builders: Prime Madrona location steps to neighborhood retail and transit. Surrounded by a mix of classic homes, newer townhomes, condos, and commercial amenities, this 6,545 SF NR3-zoned corner lot offers strong redevelopment and value-add potential in a proven growth pocket. Sold As-Is. Flexible options include renovation with ADU/DADU configuration, repairing the existing home, or exploration of multi-unit development under NR3 zoning. The 1,620 SF home is livable and currently occupied by a caretaker but ready for updating. Lower level with separate entry provides ADU potential. Detached garage and additional RV parking create further flexibility for future plans.Bus stop nearby with direct access to downtown Seattle. Buyers to verify development capacity. Ideal opportunity for builders, flippers, or long-term investors seeking upside in an established in-city neighborhood. Private showings available through lockbox appointment, afternoons preferred. See supplements for more information.
Facts & Features
Property Info
Price
$700,000
Completion Year
1,952
Living Space
1,450 sq ft
Bedrooms
4
Bathrooms
2
Features & Amenities
City
None
Electric
See Remarks
Public
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