3926 S Warsaw Street, Seattle, WA 98118, Seattle, 98118 - 5 bed, 2 bath
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Seattle, WA 98118
This property presents a Prime Investment Opportunity with a List Price of $650,000—positioned well below the $669,369 Fair Market Value by 2%. This valuation gap offers $19,369 in Instant Equity. Featuring a 4 Condition Rating, the home offers significant Value-Add Potential through modernization and the possibility of a DADU development on the 5,000 sqft lot. With a basement kitchen and separate entrance, this is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3926 S Warsaw Street Subject | $615,000* List Price | 5 | 2 | 2,260 | $269 | - |
A 3548 S Bennett Pending | $529,950 List Price | 7 | 3 | 2,080 | $255 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908, this property is significantly aged but has undergone some past updates including vinyl windows and siding. The exterior shows deferred maintenance such as a weathered/broken fence and a peeling awning. The description of a 'great opportunity' and the presence of a basement kitchen suggest a functional but dated interior that likely requires modernization of systems and finishes to meet current standards.
The basement features a separate entrance, two bedrooms, and a full kitchen, providing an ideal setup for rental income or a multi-generational living arrangement.
Situated just two blocks from the light rail and offering easy access to I-5 and I-90, this property is perfectly positioned for effortless commuting throughout Seattle.
The 5,000 sqft lot includes a large backyard with potential for a Detached Accessory Dwelling Unit (DADU), offering significant long-term value-add potential.
Built in 1908, the home may require significant capital investment to update aging systems and structural components to meet modern standards.
The property is served by schools with varied performance ratings, including some scoring as low as 2 or 3, which may impact appeal for families prioritizing education.
Great house! This is a great opportunity! 3 bedrooms on the main level and 2 extra bedrooms with a full kitchen in basement with independent entrance. Plenty of parking in the back and on the street. Check with the city and your contractor, maybe you can build a DADU in the large backyard! Located two blocks from the light rail, easy access to bus stops, I-5 and I-90.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
Jul 8, 2026
$615,000
$650,000
-5% Price Drop
Initial Listing
Jun 12, 2026
$650,000
Initial Listing