2316 41st Avenue SW, Seattle, WA 98116, Seattle, 98116 - 3 bed, 2 bath
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2316 41st Avenue SW
Seattle, WA 98116
PENDING
CONDITION: GOOD
3Beds
2Baths
2,060Sq Ft
4,482Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$1,022,147
SUMMARY
This Spacious North Admiral Residence represents a High-Potential Investment Opportunity, listed at $995,000—positioned well below the $1,022,148 Fair Market Value by 2%. This valuation gap provides $27,148 in Instant Equity. Featuring a Condition Rating of 3, the home includes Solar Panels, an EV Charger, and a Deck, offering a solid foundation for personalization. Located near Top-Rated Schools like Lafayette Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in a premier Seattle neighborhood.
Estimated Market Value
$1,022,147
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2316 41st Avenue SW Subject | $995,000* List Price | 3 | 2 | 2,060 | $496 | - |
A 2129 42nd Avenue SW Sold | $1,079,000 | 3 | 2 | 1,760 | $613 | 0.1 mi |
B 3715 Walnut Avenue SW Sold | $875,000 | 3 | 1 | 1,690 | $518 | 0.8 mi |
C 3260 42nd Avenue SW Sold | $1,191,000 | 4 | 1 | 1,955 | $609 | 0.6 mi |
D 4122 SW Walker Street Sold | $1,290,000 | 3 | 4 | 2,390 | $540 | 0.1 mi |
E 3056 50th Avenue SW Sold | $797,000 | 3 | 2 | 2,008 | $397 | 0.7 mi |
F 3402 48th Avenue SW Sold | $925,000 | 3 | 2 | 1,660 | $557 | 0.8 mi |
G 2623 39th Avenue SW Active | $965,000 List Price | 4 | 2 | 2,200 | $439 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1927, the property is well-maintained and move-in ready with significant modern system upgrades including solar panels and an EV charger. The interior features well-preserved hardwood floors and clean finishes, though the agent's description of a 'canvas to personalize' suggests the kitchen and bathrooms may be dated and ready for a refresh.
PROSSTRENGTHS & OPPORTUNITIES
- Prime North Admiral Location
Situated in one of West Seattle's most desirable pockets, the home offers exceptional walkability to Metropolitan Market, the Admiral Theater, and RapidRide transit for an easy downtown commute.
- Modern Energy Upgrades
The property features high-value sustainable additions including solar panels and a dedicated EV charger, providing significant energy efficiency that is rare for a 1920s character home.
- Exceptional Parking & Storage
Unlike many urban Seattle properties, this home includes both a detached garage and an additional carport, offering superior off-street parking and storage capacity.
CONSRISKS & DEFICIENCIES
- Need for Modernization
Marketed as a 'canvas to personalize,' the interior likely requires a significant additional investment to update finishes and systems to meet modern luxury standards.
- Constrained Outdoor Space
With a 4,482 sq. ft. lot housing a large building footprint plus a garage and carport, the remaining yard space may be limited for buyers prioritizing expansive private outdoor areas.
About 2316 41st Avenue SW
Exceptional opportunity in the heart of North Admiral! Filled with natural light and timeless character, this 2,460 sq. ft. home offers the solid craftsmanship, thoughtful layout, and location that buyers dream of. Beautiful hardwood floors, 3 bedrooms, 2 bathrooms, a soundproof media room, solar panels, EV charger, detached garage, and additional carport create an outstanding foundation for today's lifestyle. The spacious floor plan provides the perfect canvas to personalize and elevate the home over time, allowing you to create a space that reflects your own style while investing in one of West Seattle's most sought-after neighborhoods. Ideally located just moments from Metropolitan Market, Admiral Theater, Starbucks, the library, parks, neighborhood restaurants, and the RapidRide for convenient access to downtown Seattle. Minutes from Alki Beach and downtown, this home offers a rare opportunity to enjoy one of West Seattle's premier neighborhoods while creating a home that is uniquely your own. The ideal combination of location, space, and opportunity to create lasting value. A rare combination of location, natural light, energy-conscious features, exceptional parking, and long-term potential makes this a home you won't want to miss.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 4,482 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Lafayette Elementary School
Grades PK-5 • 0.3 mi
8/10
Alki Elementary School
Grades PK-5 • 1.2 mi
8/10
Genesee Hill Elementary School
Grades K-5 • 1.3 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,060 | 1,803.474 |
| Lot Size | 4,482 | 4,544.116 |
| Price | $995.0K | $978.6K |
| Price per sq ft | $483 | $570 |
| Built year | 1927 | 1949 |
| HOA | $0 | $68 |
| Days on market | 12 | 36 |
Pricing History
Listed for Sale
Aug 28, 2026
$995,000
Initial Listing