17 W Mercer Street 206, Seattle, WA 98119, Seattle, 98119 - 1 bed, 1 bath
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Seattle, WA 98119
This High-Potential Investment Opportunity is listed at a List Price of $370,000, positioned above the $333,659 Fair Market Value. While not a discount buy, the property offers a Condition Rating of 3, featuring high-quality bamboo flooring and modern updates in a concrete and steel building. With no rental cap and a prime Uptown location near Climate Pledge Arena, this unit is a versatile asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, low-maintenance urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 W Mercer Street 206 Subject | $370,000* List Price | 1 | 1 | 718 | $465 | - |
A 500 W 5th Avenue 306 Sold | $300,000 | 1 | 1 | 657 | $457 | 0.2 mi |
B 530 4th Avenue W 206 Active | $427,500 List Price | 1 | 1 | 745 | $574 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old), the property is exceptionally well-maintained and move-in ready. While the cabinetry reflects the original construction era, the kitchen features updated stainless steel appliances, and the unit boasts high-quality bamboo flooring and newly installed sliding doors that elevate the condition above the 'Fair' threshold.
Situated in the heart of Uptown Queen Anne, the property offers exceptional walkability to Climate Pledge Arena, diverse dining, and major employers in South Lake Union and Downtown.
The concrete and steel building construction ensures a quiet living environment by effectively insulating against the urban bustle, a premium feature for city condominiums.
With no rental cap and a pet-friendly policy, this unit serves as a versatile asset for both owner-occupants and investors looking for a high-demand rental location.
The monthly HOA fee of $762 is relatively high for a 718-square-foot one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
While the floor plan is described as 'super-efficient,' the 718-square-foot layout may feel restrictive for buyers prioritizing spaciousness or dedicated home office areas.
Welcome to your peaceful Zen retreat in the heart of Uptown! Bamboo floors, floor-to-ceiling windows, an electric fireplace + spacious west-facing private deck bring light & warmth to this super-efficient, open floor plan. Super cool newly installed floor-to-ceiling sliding doors allow the previously open bedroom to be closed off for privacy. Solid concrete & steel construction keeps the noise & bustle outside. Fantastic restaurants, theaters, shops, cafes & multiple grocery stores are steps from your door. Take in the city & Space Needle views from the sprawling common rooftop deck - a perfect vantage to enjoy New Year's fireworks. Climate Pledge Arena is a few blocks away or an easy ramble to South Lake Union, the waterfront & downtown. Go car-free or enjoy covered parking for one car in the building garage. Pet-friendly + no rental cap makes this a flexible place to live or invest!
No exterior & parking available.
No sensitive facilities data found.
Jul 14, 2026
$370,000
Initial Listing