2316 41st Avenue SW, Seattle, WA 98116, Seattle, 98116 - 3 bed, 2 bath
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2316 41st Avenue SW
Seattle, WA 98116
CLOSED
CONDITION: GOOD
3Beds
2Baths
2,060Sq Ft
4,482Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$1,020,815
SUMMARY
This Spacious Traditional Home represents a High-Potential Investment Opportunity, listed at $995,000—positioned well below the $1,020,815 Fair Market Value by 2%. This valuation gap offers $25,815 in Instant Equity. Featuring a Condition Rating of 3, the home includes solar panels, an EV charger, and a soundproof media room. Located near top-rated schools like Lafayette Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value in North Admiral.
Estimated Market Value
$1,020,815
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 3 bd · 2 ba · 2,060 sqft · $496 | $970,000 | 3 | 2 | 2,060 | $496 | - |
A 2650 Walnut Avenue SW Sold 2 bd · 2 ba · 1,760 sqft · $558 · 0.2 mi | $982,500 | 2 | 2 | 1,760 | $558 | 0.2 mi |
B 2129 42nd Avenue SW Sold 3 bd · 2 ba · 1,760 sqft · $613 · 0.1 mi | $1,079,000 | 3 | 2 | 1,760 | $613 | 0.1 mi |
C 3260 42nd Avenue SW Sold 4 bd · 1 ba · 1,955 sqft · $609 · 0.6 mi | $1,191,000 | 4 | 1 | 1,955 | $609 | 0.6 mi |
D 3715 Walnut Avenue SW Sold 3 bd · 1 ba · 1,690 sqft · $518 · 0.8 mi | $875,000 | 3 | 1 | 1,690 | $518 | 0.8 mi |
E 4122 SW Walker Street Sold 3 bd · 4 ba · 2,390 sqft · $540 · 0.1 mi | $1,290,000 | 3 | 4 | 2,390 | $540 | 0.1 mi |
F 3056 50th Avenue SW Sold 3 bd · 2 ba · 2,008 sqft · $397 · 0.7 mi | $797,000 | 3 | 2 | 2,008 | $397 | 0.7 mi |
G 3402 48th Avenue SW Sold 3 bd · 2 ba · 1,660 sqft · $557 · 0.8 mi | $925,000 | 3 | 2 | 1,660 | $557 | 0.8 mi |
H 2623 39th Avenue SW Active 4 bd · 2 ba · 2,200 sqft · $430 · 0.2 mi | $945,000 List Price | 4 | 2 | 2,200 | $430 | 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.
Despite being built in 1927, the property is exceptionally well-maintained, functional, and move-in ready. It features modern system upgrades including solar panels and an EV charger, alongside pristine hardwood floors and immaculate interior spaces that offer a great canvas for future personalization.
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 local parks, with easy transit access to downtown Seattle.
- Sustainable Modern Upgrades
The property features high-value energy-efficient additions, including solar panels and a dedicated EV charger, providing modern utility and cost savings rarely found in a classic 1920s home.
- Exceptional Parking and Storage
The rare combination of a detached garage plus an additional carport provides ample off-street parking and storage, a significant competitive advantage in this densely populated urban neighborhood.
CONSRISKS & DEFICIENCIES
- Modernization Required
Described as a 'canvas to personalize,' the home likely requires a significant additional investment to update its 1927 finishes and systems to meet contemporary aesthetic and functional standards.
- Vintage Infrastructure Maintenance
Given the home's age, buyers should anticipate potential ongoing maintenance or necessary upgrades to century-old plumbing, electrical, or structural components typical of properties from this era.
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 | 1,801.924 |
| Lot Size | 4,482 | 4,494.536 |
| Price | $970.0K | $974.4K |
| Price per sq ft | $471 | $569 |
| Built year | 1927 | 1948 |
| HOA | $0 | $78 |
| Days on market | 57 | 35 |
Pricing History
Listed for Sale
Aug 28, 2026
$995,000
Initial Listing