Exceptional Six Unit Corner Assemblage With Endless Potential

Corner double-lot opportunities like this simply do not come around: two side-by-side triplexes at 201 and 205 Twenty-Sixth Avenue East, offered together as a single six-unit assemblage commanding the corner of Twenty-Sixth Avenue East and East John Street, in one of Seattle’s most desirable and centrally located neighborhoods just minutes from Downtown, South Lake Union, and the Eastside. Six two-bedroom apartments span the two matched buildings, with 201’s spacious owner’s suite a natural fit for an owner-occupant who wants to live in one home and let the others help carry it. With alley-accessed off-street parking and a full-corner footprint, it delivers the practical features investors and developers actually look for. All six units are income-producing, delivering in-place cash flow from day one. And the options are what set it apart: hold as-is for a stable six-unit income position in a location that consistently holds its value; redevelop under its Lowrise Three zoning, where the combined lots offer the density and scale for new townhomes or apartments that a single parcel cannot match; or take the existing buildings through a full rehabilitation and reposition them as modernized, higher-yield homes. A contiguous Lowrise Three corner assemblage like this rarely trades, and almost never as a matched pair of side-by-side triplexes. Two Parcels Nine Eighty-Two Eight Seven Zero - Two Four Hundred & Nine Eighty-Two Eight Seven Zero - Two Four Oh Five