For Sale48d on market
2020 Eastlake Avenue E
Seattle, WA, 98102 • Eastlake • King County
$1,475,000
$492/sqft
-$125,000 since Mar 30, 2026
Down payment assistance available
4Beds
4Baths
3,000Sqft
0.12 acLot
1987Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
City · Lake · Territorial
4-Plex Style
Built 1987 · 39 years of history
Eastlake
Eastlake
This home is getting attention
Listed 48 days ago · 1,252 views · 22 saves
Market activity
Demand and pricing signals for this listing
1,252 views
People checking out this listing
22 saves
Buyers have saved this home
48 days on market
Established listing
$492/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 30% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1987
Rare development opportunity for Townhome Builder or Value-Add Investor in the heart of the South Lake Union/Eastlake corridor. Prime lot offers sweeping, protected views of Lake Union, the Seattle Skyline, and the Olympic Mountains. Able to accommodate 4-5 new townhomes. Two larger townhomes could be built off the alley & three smaller ones facing Lake Union (or vice versa). Avg unit size = 1,793 sq ft. The property currently houses a very clean, well-maintained, solid income producing 4-plex generating healthy returns while you navigate the permitting process. Landlord has never increased rent on a tenant. Zero vacancy. Outstanding tenants. Rents below market rate. Each unit features 1 bed/1 bath, fireplace, washer/dryer, dishwasher, hardwood flooring, parking. Large living rm could easily accomodate a 2nd bdrm in each unit. View photos shot from future 3rd -4th floor/roof top deck of this Bldg. Located on bus line & w/in walking distance to Amazon, Google, and the life sciences hub. 5 off-street parking spaces in rear. Zoned LR2(M), allowing for up to 4 stories with rooftop decks. Ideal opportunity for investor, builder or owner/occupant!
Estimated monthly payment
Based on current rates
$9,185/month
Principal & Interest$7,218
Property Tax$1,475
Insurance$492
Down payment20% ($295,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,180,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1987
HeatingBaseboard, Electric
CoolingNone
Parking5 Covered Parking spaces
Days on Zillow48 Days
Price/sqft$492
Property
Home typeMulti Family
Sub-typeMulti Family
Style4-Plex
ConditionVery Good
Year built1987
Systems
HeatingBaseboard, Electric
CoolingNone
RoofTorch Down
ConstructionBrick
Water / SewerPublic, Company: Seattle Public Utilities / Sewer Connected, Company: Seattle Public Utilities
Parking & Outdoor
Lot5,127 sqft
Location & Tax
NeighborhoodEastlake
Annual tax$13,689
Parcel2902200145
Features & details
7 categories of property features
Interior Features
Flooring
Vinyl
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Construction
Brick
Lot Features
Curbs
Paved
Sidewalk
High Speed Internet
Patio
Views
City
Lake
Territorial
Utilities
Comcast
Comcast
Listing insights
Market data and value estimates
StatusFor Sale
Days on market48
Est. value$1,410,600
Est. rent$3,799/mo
Tax rate0.82%
Price/sqft$492
On marketFeb 17, 2026
PostedFeb 17, 2026
Last sold$643,000
MLS statusActive
MLS updatedMar 29, 2026
Tour days9
Views1,252
Favorites22
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98102
Price history
6 events
DateEventPrice$/sqftSource
Mar 30, 2026Price Change$1,475,000$492NWMLS as distributed by MLS GRID
Feb 17, 2026Listed For Sale$1,600,000$533NWMLS as distributed by MLS GRID
Feb 18, 2019Listing Removed$1,570$1John L. Scott
Feb 7, 2019Listed For Rent$1,570$1John L. Scott
Feb 26, 2010Sold$643,000$214NWMLS as distributed by MLS GRID
Nov 22, 2005Sold$625,000$208Public Record
Price Change$1,475,000
Mar 30, 2026•$492/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,600,000
Feb 17, 2026•$533/sqft•NWMLS as distributed by MLS GRID
Listing Removed$1,570
Feb 18, 2019•$1/sqft•John L. Scott
Listed For Rent$1,570
Feb 7, 2019•$1/sqft•John L. Scott
Sold$643,000
Feb 26, 2010•$214/sqft•NWMLS as distributed by MLS GRID
Sold$625,000
Nov 22, 2005•$208/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$13,690$1,384,700
Apr 7, 2023$13,415$1,384,700
Apr 7, 2022$11,374$1,299,000
Apr 7, 2021$12,551$1,333,000
Apr 7, 2020$13,589$1,381,000
Apr 7, 2019$13,371$1,375,000
Apr 7, 2018$11,566$1,320,000
Apr 7, 2017$12,408$1,236,000
Apr 7, 2016$7,461$1,113,000
Apr 7, 2015$7,461$860,000
Apr 7, 2014$7,461$768,000
Apr 7, 2013$7,461$671,000
Apr 7, 2012—$618,000
Apr 7, 2011—$539,100
Apr 7, 2010—$577,000
Apr 7, 2009—$577,000
Apr 7, 2007—$627,000
Apr 7, 2006—$436,600
Apr 7, 2005—$436,600
Apr 7, 2001$4,129$352,000
Apr 7, 2000$3,884$313,100
Nearby homes
Neighborhood details
Local context around this listing
Seattle, WA • King County
Nearby neighborhoods
AdamsCapitol HillFirst HillFremontGreenwoodMagnoliaMinorRavennaUniversity DistrictWallingford
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040981039810598109981159811798118981229812598133
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Based on information submitted to the MLS GRID as of 2026-04-07 04:18:35 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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