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$499,950
EST. MARKET VALUE
$543,208
7% BelowMARKET VALUE
SUMMARY
This Brand-New Condominium represents a Strong Value Opportunity, listed at $499,950—positioned well below the $543,208 Fair Market Value by 7%. This valuation gap provides $43,258 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this home includes a Private Rooftop Deck and modern finishes throughout. Its transit-oriented location near the Othello light rail station ensures long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern, low-maintenance lifestyle.
Estimated Market Value
$543,208+$43,258 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 2 bd · 2 ba · 1,077 sqft · $504 | $499,950* List Price | 2 | 2 | 1,077 | $504 | - |
A 4506 S Kenyon St Sold 2 bd · 2 ba · 1,088 sqft · $478 · 0.9 mi | $520,000 | 2 | 2 | 1,088 | $478 | 0.9 mi |
B 3548 S Dawson Street Sold 2 bd · 2 ba · 1,006 sqft · $585 · 0.9 mi | $589,000 | 2 | 2 | 1,006 | $585 | 0.9 mi |
C 3538 S Dawson Street Sold 2 bd · 2 ba · 964 sqft · $556 · 0.9 mi | $536,000 | 2 | 2 | 964 | $556 | 0.9 mi |
D 3540 S Dawson Street Sold 2 bd · 2 ba · 948 sqft · $564 · 0.9 mi | $535,000 | 2 | 2 | 948 | $564 | 0.9 mi |
E 3552 S Dawson Street Sold 2 bd · 2 ba · 964 sqft · $590 · 0.8 mi | $569,000 | 2 | 2 | 964 | $590 | 0.8 mi |
F 3542 S Dawson Street Sold 2 bd · 2 ba · 1,006 sqft · $576 · 0.9 mi | $579,000 | 2 | 2 | 1,006 | $576 | 0.9 mi |
G 4230 Graham Street Active 2 bd · 2 ba · 1,080 sqft · $500 · 0.2 mi | $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 in mint condition with zero maintenance required. Features a contemporary kitchen with modern flat-panel cabinetry and stainless steel appliances, a stylish bathroom with a glass-enclosed walk-in shower, and brand-new appliances and systems throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Built in 2026, this home features modern finishes, contemporary design, and the peace of mind that comes with new systems and energy-efficient construction.
- Private Rooftop Deck
The inclusion of a private rooftop deck provides a dedicated outdoor oasis for entertaining and relaxation, a highly sought-after premium in urban Seattle living.
- Transit-Oriented Location
Situated near the Othello light rail station and local amenities in Hillman City, the property offers exceptional connectivity to downtown Seattle and surrounding neighborhoods.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At 1,077 square feet for a two-bedroom layout, the interior footprint may feel restrictive for buyers seeking spacious living areas or extensive storage.
- Condominium Ownership
As a condominium unit, the property involves shared walls and association governance, which may limit owner autonomy compared to a detached single-family residence.
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 | 1,048.033 |
| Lot Size | 1 | 1,930.425 |
| Price | $499.9K | $548.3K |
| Price per sq ft | $464 | $551 |
| Built year | 2026 | 1997 |
| HOA | $92 | $317 |
| Days on market | 30 | 63 |
Pricing History
Listed for Sale
Sep 24, 2026
$499,950
Initial Listing