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2903 E Union St
Pending
Single Family
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$700,000

$432/sqft

2903 E Union St, Seattle

36% below median
4 bd·2 ba·1,620 sqft
Built 19526,547 sqft lotMadrona

2903 E Union St, Seattle, WA

4 bd · 2 ba · 1,620 sqft Single Family listed at $700,000, built in 1952 in the Madrona neighborhood.

About this home

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.

Property details

Price
$700,000
Bedrooms
4
Bathrooms
2
Interior
1,620 sqft
Price / sqft
$432
Year built
1952
Lot size
6,547 sqft
Type
Single Family
Days on market
45
Est. property tax
$6,510/yr · $543/mo · 0.93% WA avg
Last sold
$170,000 · Jun 1998

Estimated monthly payment

Down payment20% ($140,000)
Interest rate6.75%
Principal & Interest$3,632
Property Tax$642
Insurance$150
Total$4,424/mo

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Price history

$926K$469K$11K$87K on Jan 95 (Sold)$170K on Jun 98 (Sold)$850K on Aug 23 (Initial list)$700K on Mar 26 (Initial list)
$87K · Jan 95$700K · Mar 26
  1. Mar 11, 2026$700,000Initial list price
  2. Aug 11, 2023$850,000Initial list price
  3. Jun 16, 1998$170,000Sold
  4. Jan 12, 1995$87,240Sold

Location

This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.

Location

Map of 2903 E Union St, Seattle
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Home Intelligence

Neighborhood (zip 98122)

This neighborhood skews young (median age 31.3) and is highly educated (41% hold a bachelor's degree) and is primarily renter-occupied (27% owner-occupied). Median household income is $94,548.

Median income
$94,548
Median age
31.3
Owner-occupied
26.8%
Bachelor's degree
40.7%
Census median home value
$938,000

Source: US Census Bureau American Community Survey 5-year estimates.

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