This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $700,000, which aligns with its $700,000 Fair Market Value. Featuring a Condition Rating of 3, the home offers updated core infrastructure, including electrical and plumbing, while allowing for cosmetic personalization. The property’s flat lot with alley access and DADU development potential provide significant long-term value. Located in the heart of Columbia City, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, transit-oriented property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3526 S Bennett Street Subject 4 bd · 2 ba · 1,650 sqft · $424 | $700,000* List Price | 4 | 2 | 1,650 | $424 | - |
A 3632 S Findlay Street Sold 3 bd · 2 ba · 1,410 sqft · $514 · 0.2 mi | $725,000 | 3 | 2 | 1,410 | $514 | 0.2 mi |
B 3915 S Brandon St Sold 4 bd · 2 ba · 1,680 sqft · $357 · 0.3 mi | $599,850 | 4 | 2 | 1,680 | $357 | 0.3 mi |
C 3527 S Hudson Street Sold 4 bd · 2 ba · 2,030 sqft · $397 · 0.2 mi | $805,000 | 4 | 2 | 2,030 | $397 | 0.2 mi |
D 3902 S Genesee Street Sold 4 bd · 2 ba · 1,860 sqft · $462 · 0.7 mi | $859,000 | 4 | 2 | 1,860 | $462 | 0.7 mi |
E 4219 S Mead Street Sold 4 bd · 2 ba · 1,500 sqft · $483 · 0.5 mi | $725,000 | 4 | 2 | 1,500 | $483 | 0.5 mi |
F 3821 S Graham Street Sold 3 bd · 2 ba · 2,120 sqft · $307 · 0.6 mi | $650,000 | 3 | 2 | 2,120 | $307 | 0.6 mi |
G 5008 39th Avenue S Sold 2 bd · 2 ba · 1,690 sqft · $485 · 0.3 mi | $819,000 | 2 | 2 | 1,690 | $485 | 0.3 mi |
H 4225 46th Avenue S Sold 2 bd · 2 ba · 1,720 sqft · $512 · 0.9 mi | $880,000 | 2 | 2 | 1,720 | $512 | 0.9 mi |
I 5503 33rd Avenue S Pending 3 bd · 2 ba · 1,750 sqft · $393 · 0.2 mi | $688,000 List Price | 3 | 2 | 1,750 | $393 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1919, the property has undergone significant system updates including electrical, plumbing, and the installation of a tankless water heater. The kitchen and bathrooms feature mid-range renovations (Paperstone and Marmoleum), and the listing indicates the home is move-in ready with only cosmetic finishes remaining, fitting the 5-15 year renovation profile.
Located in the heart of Columbia City, the property offers exceptional access to the Light Rail, PCC, Farmers Market, and local dining, providing a highly desirable urban lifestyle.
The flat lot with alley access and a large detached garage is configured to support two future DADUs, offering massive value-add potential for investors or multi-generational living.
Major system upgrades including updated electrical, plumbing, and a tankless water heater are already complete, significantly reducing the risk and cost of hidden maintenance issues.
The home requires further investment in flooring, paint, and finishes, which may deter buyers looking for a fully turn-key residence.
With 114 days on the market, the property may face buyer hesitation or perceived value issues compared to faster-moving inventory in the Seattle area.
A short walk to Columbia City Light Rail and the heart of the neighborhood, this home puts PCC, the Farmers Market, restaurants, shops, coffee, and parks right outside your door.The property sits on a flat lot with alley access, a long level driveway, and a large detached garage, a setup that's increasingly rare and quietly valuable. A private backyard with deck and mature landscaping rounds it out, and the lot configuration opens a clear path to two future DADUs while preserving generous off-street parking.Inside, fir floors carry through the main level into a kitchen with eco-board cabinet fronts and Paperstone countertops. Both full baths feature Marmoleum flooring. The finished lower level holds the bedrooms and a utility room with a tankless water heater. Updated electrical and plumbing mean the next owner inherits a home where the remaining work is cosmetic, flooring, paint, and finishes, rather than anything behind the walls.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,650 | 1,801.924 |
| Lot Size | 4,880 | 4,494.536 |
| Price | $700.0K | $974.4K |
| Price per sq ft | $424 | $569 |
| Built year | 1919 | 1948 |
| HOA | $0 | $78 |
| Days on market | 143 | 35 |
Jun 3, 2026
$700,000
Initial Listing