
Seattle, WA 98117
This property presents a High-Potential Investment Opportunity with a List Price of $1,195,000—positioned above the $1,066,007 Fair Market Value. While the price reflects a premium, the 5,000 sqft lot and DADU development potential provide significant long-term upside. With a Condition Rating of 5, the home requires a full rehab, offering a clear path to build sweat equity through basement completion. Located in the desirable Ballard neighborhood near top-rated schools like Loyal Heights Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3210 NW 69th Street Subject | $1,195,000* List Price | 4 | 2 | 1,810 | $589 | - |
A 7528 33rd Avenue NW Sold | $925,000 | 3 | 3 | 1,610 | $575 | 0.3 mi |
B 7527 23rd Avenue NW Sold | $875,000 | 3 | 2 | 1,430 | $612 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910, this property requires a full rehab. The basement and second bathroom are only 'roughed in' and unfinished, while existing finished areas show cracked flooring, ceiling damage, and dated systems.
The 5,000 sqft lot and zoning offer a prime opportunity for a DADU (Detached Accessory Dwelling Unit) addition, providing significant long-term value or rental income potential in a high-demand area.
The roughed-in basement and unfinished bathroom allow buyers to build immediate sweat equity by completing the lower level to increase the home's functional square footage and market value.
Situated in the desirable Ballard neighborhood, the property is served by top-rated schools including Loyal Heights Elementary and Ballard High School, enhancing its appeal to families.
The property requires significant updates to the main floor and completion of the basement, which may be a deterrent for buyers seeking a move-in-ready residence.
Built in 1910, the home likely requires thorough inspections and potential upgrades to aging electrical, plumbing, and insulation systems to meet modern standards.
Great location and opportunity with this property! Gain sweat equity with improving the downstairs/basement and updating the main floor! Live in it as you update the property! This spacious 4 bedroom and one bath upstairs home has hardwood floors on the main level, many large windows to draw in the natural light and a reasonably spacious kitchen. There's a convenient entrance from the backyard into a mudroom which is off the kitchen. The downstairs is roughed in and waits for your finish work. The downstairs bathroom has a roughed in shower area that is also waiting for completion. The home currently has a large garage, a drive-way for additional parking and a back yard to enjoy! The property could make for a nice DADU addition! Permit in process with the Seattle.gov permit #7097350-CN.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,810 | 1,803.474 |
| Lot Size | 5,000 | 4,544.116 |
| Price | $1.20M | $978.6K |
| Price per sq ft | $660 | $570 |
| Built year | 1910 | 1949 |
| HOA | $0 | $68 |
| Days on market | 19 | 36 |
Aug 21, 2026
$1,195,000
Initial Listing