17 W Mercer Street #206, Seattle, WA 98119, Seattle, 98119 - 1 bed, 1 bath
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This Condominium represents a Strong Value Opportunity, listed at a List Price of $370,000, which aligns perfectly with its $370,000 Fair Market Value. Featuring a Condition Rating of 4, the unit offers a stable, move-in ready environment with modern bamboo floors and a private west-facing deck. Its concrete and steel construction ensures durability, while the lack of rental caps provides significant flexibility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-walkability lifestyle in the heart of Uptown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 W Mercer Street #206 Subject 1 bd · 1 ba · 718 sqft · $515 | $370,000* List Price | 1 | 1 | 718 | $515 | - |
A 530 4th Avenue W 503 Sold 1 bd · 1 ba · 876 sqft · $524 · 0.2 mi | $459,000 | 1 | 1 | 876 | $524 | 0.2 mi |
B 120 1st Avenue W 306 Sold 1 bd · 1 ba · 603 sqft · $575 · 0.3 mi | $346,500 | 1 | 1 | 603 | $575 | 0.3 mi |
C 601 W Mercer Place 304 Sold 2 bd · 2 ba · 838 sqft · $525 · 0.4 mi | $440,000 | 2 | 2 | 838 | $525 | 0.4 mi |
D 521 5th Avenue W 103 Sold 1 bd · 1 ba · 716 sqft · $571 · 0.3 mi | $409,000 | 1 | 1 | 716 | $571 | 0.3 mi |
E 521 5th Avenue W 602 Sold 1 bd · 1 ba · 907 sqft · $499 · 0.3 mi | $453,000 | 1 | 1 | 907 | $499 | 0.3 mi |
F 912 3rd Avenue W 101 Sold 2 bd · 2 ba · 800 sqft · $536 · 0.2 mi | $429,000 | 2 | 2 | 800 | $536 | 0.2 mi |
G 275 W Roy Street 315 Sold 1 bd · 1 ba · 598 sqft · $619 · 0.1 mi | $370,000 | 1 | 1 | 598 | $619 | 0.1 mi |
H 912 3rd Avenue W 501 Sold 2 bd · 2 ba · 853 sqft · $463 · 0.2 mi | $395,000 | 2 | 2 | 853 | $463 | 0.2 mi |
I 530 4th Avenue W 206 Active 1 bd · 1 ba · 745 sqft · $574 · 0.2 mi | $427,500 List Price | 1 | 1 | 745 | $574 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old, placing it in the >20y category. While the unit features bamboo floors and a recent update to the bedroom doors, the kitchen and bathroom systems are likely original and dated, fitting the criteria for minor updates needed.
Situated in the heart of Uptown, the property offers exceptional walkability to Climate Pledge Arena, diverse dining, and major employment hubs like South Lake Union and downtown Seattle.
The concrete and steel building design provides excellent sound insulation and durability, offering a quiet living environment despite its central, high-activity location.
With no rental cap and a pet-friendly policy, this unit offers maximum versatility for both owner-occupants and investors looking for a long-term asset.
The monthly HOA fee of $762 is relatively high for a 718-square-foot one-bedroom unit, which may impact the overall monthly affordability for budget-conscious buyers.
With 73 days on the market, the property has surpassed the typical local turnover rate, which may lead to buyer concerns regarding its current price-to-value ratio.
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.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 718 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $370.0K | $548.3K |
| Price per sq ft | $515 | $551 |
| Built year | 2002 | 1997 |
| HOA | $762 | $317 |
| Days on market | 102 | 63 |
Jul 14, 2026
$370,000
Initial Listing