3943 S Morgan Street B, Seattle, WA 98118, Seattle, 98118 - 2 bed, 2 bath
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3943 S Morgan Street B
Seattle, WA 98118
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,077Sq Ft
1Lot Size
Property Price
LIST PRICE$509,950
EST. MARKET VALUE
$548,600
7% BelowMARKET VALUE
SUMMARY
This Brand-New 2026 Construction is a Strong Value Opportunity, listed at $509,950—positioned well below the $548,600 Fair Market Value by 7%. This valuation gap offers $38,650 in Instant Equity for the buyer. Featuring a Private Rooftop Deck and modern finishes, the property holds an Excellent Condition Rating with zero maintenance required. Its transit-oriented location near the Othello light rail ensures long-term demand. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey, high-efficiency urban asset.
Estimated Market Value
$548,600+$38,650 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3943 S Morgan Street B Subject | $509,950* List Price | 2 | 2 | 1,077 | $509 | - |
A 4506 S Kenyon St Sold | $520,000 | 2 | 2 | 1,088 | $478 | 0.9 mi |
B 3548 S Dawson Street Sold | $589,000 | 2 | 2 | 1,006 | $585 | 0.9 mi |
C 3542 S Dawson Street Sold | $579,000 | 2 | 2 | 1,006 | $576 | 0.9 mi |
D 3540 S Dawson Street Sold | $535,000 | 2 | 2 | 948 | $564 | 0.9 mi |
E 3552 S Dawson Street Sold | $569,000 | 2 | 2 | 964 | $590 | 0.8 mi |
F 3550 S Dawson Street Sold | $545,000 | 2 | 2 | 949 | $574 | 0.9 mi |
G 4230 Graham Street Active | $539,950 List Price | 2 | 2 | 1,080 | $500 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new 2026 construction with modern kitchen finishes, stainless steel appliances, contemporary bathrooms, and new systems, requiring zero maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Built in 2026, this home offers the latest in modern design and energy efficiency, providing a turn-key experience with minimal immediate maintenance needs.
- Private Rooftop Deck
The inclusion of a private rooftop deck serves as a premium urban amenity, offering a dedicated outdoor space for entertaining and relaxation.
- Transit-Oriented Location
The property's proximity to the Othello light rail station and major transit routes ensures a convenient commute to downtown Seattle and surrounding hubs.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At 1,077 square feet for a two-bedroom layout, the interior living space may feel restrictive for buyers requiring larger rooms or extensive storage.
- Condominium Ownership
As a condominium, the property involves shared governance and monthly association fees, which may limit owner autonomy compared to fee-simple residential properties.
About 3943 S Morgan Street B
Welcome to this stunning brand-new 2-bedroom, 1.75-bath home in Seattle! Thoughtfully designed with modern finishes throughout, this home offers a stylish and comfortable living experience. Enjoy an open-concept layout, contemporary kitchen, new flooring, and a private rooftop deck perfect for relaxing or entertaining. Includes convenient off-street parking and an ideal location near a variety of restaurants, parks, shops, and the Othello light rail station. With easy access to downtown Seattle and surrounding neighborhoods, this brand-new home offers the perfect combination of modern living and convenience. Don’t miss this opportunity!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2026
- Lot Size
- 1 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $92 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,077 | 1,034.227 |
| Lot Size | 1 | 2,208.034 |
| Price | $509.9K | $552.8K |
| Price per sq ft | $473 | $559 |
| Built year | 2026 | 1997 |
| HOA | $92 | $311 |
| Days on market | 19 | 63 |
Pricing History
Listed for Sale
Aug 21, 2026
$509,950
Initial Listing