Listed by Anastasia Miles, Windermere Real Estate/East, (425) 822-5100
215 31st Avenue E
Seattle, WA 98112
Madison Valley- 1 Bed
- 1 Bath
- 1,440 sqft
1 Bed
1 Bath
1,440 sqft
We estimate this home will sell faster than 85% nearby.
Local Information
-- mins to
Description
**Exceptional Development Opportunity – The Value Is in the Land!** Prime 4,400 SF level lot (40' x 110') in one of Seattle's rapidly transforming neighborhoods. Builder activity is already underway with four new homes currently under construction directly across the street, highlighting the strong demand for new housing in the area. Zoned **Neighborhood Residential (NR)** under Seattle's Unified Development Code, this property offers exciting redevelopment potential. Four units are permitted by right with no discretionary design review required for that density. The site may also qualify for additional density through stacked-flat and/or frequent-transit bonus provisions due to its proximity to the Madison Street RapidRide G Line (buyer to verify). Potential eligibility for the 1.6 FAR tier allows approximately 7,000 SF of buildable floor area. Height limits are 32 feet, with potential for up to 42 feet through qualifying tree canopy incentives. An outstanding opportunity for builders, developers, and investors looking to capitalize on Seattle's evolving housing market. Buyer to verify all zoning, density, FAR, height, and development potential to their own satisfaction.
We estimate this home will sell faster than 85% nearby.
Home Highlights
Parking
No Info
Outdoor
Yes
A/C
Heating only
HOA
None
Price/Sqft
$691
Listed
1 day ago
Last check for updates: about 6 hours ago
Listing courtesy of Anastasia Miles
Windermere Real Estate/East
Source: NWMLS as distributed by MLS GRID, MLS#2550121

Home Details for 215 31st Avenue E
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MLS Status: Active |
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Interior Details Basement: Daylight,FinishedNumber of Rooms: 6Types of Rooms: Master Bedroom, Bathroom Full, Entry Hall, Kitchen With Eating Space, Kitchen Without Eating Space, Living Room |
Beds & Baths Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1440 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s)DishwasherDisposalDryerRefrigeratorWasher |
Heating & Cooling Heating: Baseboard,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Company: PSE |
Windows, Doors, Floors & Walls Window: Dbl Pane/Storm WindowFlooring: Slate, Carpet |
Levels, Entrance, & Accessibility Stories: 1Levels: OneEntry Location: MainFloors: Slate, Carpet |
View Has a ViewView: Territorial |
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Exterior Home Features Roof: CompositionPatio / Porch: Dbl Pane/Storm Window, Walk-In Closet(s)Foundation: Poured Concrete |
Parking & Garage No CarportNo Attached GarageNo Open ParkingParking: Driveway |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Connected |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Topography: LevelElevation Units: Feet |
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Cumulative Days on Market: 2Days on Market: 1 |
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Year Built Year Built: 1950Year Renovated: 1950 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: 1 Story w/Bsmnt. |
Building Construction Materials: Wood Products |
Property Information Condition: FixerIncluded in Sale: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)Parcel Number: 9828700395 |
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Price List Price: $995,000Price Per Sqft: $691 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: SeattleCommunity: Madison Valley |
School Information Elementary School: Buyer To VerifyJr High / Middle School: Buyer To VerifyHigh School: Buyer To VerifyHigh School District: Seattle |
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Listing Agent Listing ID: 2550121 |
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Building Area Building Area: 1440 Square Feet |
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Community Features: ParkNot Senior Community |
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HOA Fee: No HOA Fee |
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Lot Area: 4399.56 sqft |
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Special Conditions: Standard |
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Listing Terms: Conventional |
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BasementMls Number: 2550121Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, Call Tenant, MLS Keybox |
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ParkInternet Entire Listing Display YN C |
Market trends in Seattle
Last updated June 2026
Avg. sale price
$853K
$19.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$552
$7MoM
Available listings
2779
70MoM
Price History for 215 31st Avenue E
| Date | Price | Event | Source |
|---|---|---|---|
| 07/10/2026 | $995,000 | Listed For Sale | NWMLS as distributed by MLS GRID #2550121 |
Similar Homes You May Like
New Listings near 215 31st Avenue E
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,865 |
| Assessment | $630,000 |
Home facts updated by county records
Comparable Sales for 215 31st Avenue E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Single-Family Home | $815,000 | 07/02/26 | 2 | 1 | 1,280 | |
0.34 | Single-Family Home | $675,000 | 04/22/26 | 2 | 1 | 1,400 | |
0.16 | Single-Family Home | $719,999 | 09/09/25 | 2 | 1 | 930 | |
0.16 | Single-Family Home | $1,157,000 | 05/05/26 | 2 | 2 | 1,523 | |
0.14 | Single-Family Home | $885,000 | 09/09/25 | 2 | 1 | 1,180 | |
0.39 | Single-Family Home | $1,175,000 | 08/14/25 | 2 | 1 | 1,620 | |
0.17 | Single-Family Home | $1,150,000 | 07/25/25 | 3 | 1.5 | 1,550 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 215 31st Avenue E.
What Locals Say about Madison Valley
At least 32 Trulia users voted on each feature.
97 % Say it's dog friendly
94 % Say it's walkable to restaurants
92 % Say it's walkable to grocery stores
87 % Say there are sidewalks
78 % Say people would walk alone at night
77 % Say parking is easy
63 % Say yards are well-kept
62 % Say there's holiday spirit
58 % Say it's quiet
53 % Say they plan to stay for at least 5 years
53 % Say neighbors are friendly
52 % Say streets are well-lit
49 % Say kids play outside
46 % Say car is needed
46 % Say there's wildlife
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Anastasia Miles, Windermere Real Estate/East

Based on information submitted to the MLS GRID as of 2026-07-12 00:39:40 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
215 31st Avenue E, Seattle, WA 98112 is a 1 bedroom, 1 bathroom, 1,440 sqft single-family home built in 1950. 215 31st Avenue E is located in Madison Valley, Seattle. This property is currently available for sale and was listed by NWMLS as distributed by MLS GRID on Jul 10, 2026. The MLS # for this home is MLS# 2550121.

