All homes

$599,999

2208 Terrace Street

Seattle, WA 98122

Active

Beds

2

Baths

1

Sq Ft

1,100

Lot

0.07 ac

Year built

1900

Type

Residential

Days listed

1

MLS #

2591786

About this home

Prime sweat-equity and value-add opportunity in Seattle's Central District. Situated on a rare, completely level ~3,000 sq ft lot, this classic two-story home features 2 bedrooms, 1 bathroom, and a full unfinished basement offering massive utility for expansion, workshop space, or extensive storage. A completely flat parcel means straightforward staging, simpler logistics, and usable yard space—a rare find in close-in Seattle. Underlying Lowrise 2 M (LR2 M) zoning provides outstanding long-term land value and future options. Unbeatable urban convenience just minutes from First Hill medical centers, Seattle University, Capitol Hill dining, the Jackson Street corridor, and rapid transit into Downtown. Property is sold strictly AS-IS with no repairs or concessions from seller. Ideal candidate for cash buyers, hard money, or rehabilitation financing. Buyer to verify all building feasibility, zoning, and square footage to own satisfaction.

Exterior features

Wood

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Forced Air
Cooling
None
Flooring
Vinyl, Carpet
Parking
Attached Garage
Lot
Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected
Levels
Two

Costs

Price / sq ft
$545
Annual taxes
$7,355 (2026)

Estimate your monthly payment

$3,647/mo

Principal & interest
$3,034
Property taxes
$613
Loan amount $479,999

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98122

Approximate location. Contact us to confirm the exact address.

Listing courtesy of CnR Realty— Lani Girvan.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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