This Hybrid Residential Asset is a Strong Value Opportunity, listed at $515,000—positioned well below the $551,575 Fair Market Value by 6%. This valuation gap offers $36,575 in Instant Equity. With a Condition Rating of 3, the home features significant system upgrades including a 2026 roof and 2024 HVAC. While cosmetic updates are encouraged, the lack of HOA restrictions and proximity to Light Rail transit provide immense flexibility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-potential, transit-oriented home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4237 S Bozeman Street #D Subject 3 bd · 3 ba · 1,320 sqft · $418 | $515,000* List Price | 3 | 3 | 1,320 | $418 | - |
A 4849 S Chicago Street Sold 2 bd · 2 ba · 1,100 sqft · $400 · 0.4 mi | $439,500 | 2 | 2 | 1,100 | $400 | 0.4 mi |
B 9011 46th Avenue S B Sold 3 bd · 2 ba · 1,020 sqft · $480 · 0.7 mi | $490,000 | 3 | 2 | 1,020 | $480 | 0.7 mi |
C 9011 46th Avenue S B Sold 3 bd · 2 ba · 1,020 sqft · $480 · 0.7 mi | $490,000 | 3 | 2 | 1,020 | $480 | 0.7 mi |
D 4838 S Chicago Street C Active 2 bd · 2 ba · 1,230 sqft · $427 · 0.4 mi | $525,000 List Price | 2 | 2 | 1,230 | $427 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009 (17 years old), the property falls within the 10-20 year range for well-maintained, move-in ready homes. While the interior may require minor cosmetic updates, the major systems are in excellent condition with a brand-new roof (2026), new HVAC mini-splits (2024), new water heater (2025), and updated stainless appliances (2023-2024).
The property boasts significant recent capital improvements, including a brand-new roof (2026), new mini-split HVAC with AC (2024), and updated appliances, offering peace of mind and reduced immediate maintenance costs.
Rare for the Seattle market, this home has zero HOA dues and no rental caps, providing owners with total financial freedom and making it an ideal high-flexibility investment property.
Located just a 7-minute walk from the Light Rail and local amenities, the property offers exceptional walkability and a convenient car-free commute to downtown Seattle and beyond.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1136, living area = 1320.
The listing is explicitly priced to account for necessary cosmetic updates, indicating that the interior finishes may require additional investment to meet modern aesthetic standards.
While some nearby elementary schools are highly rated, the local high school has a significantly lower rating, which may impact the property's appeal to families prioritizing long-term educational quality.
Welcome to a light-filled Seattle home offering exceptional value and major updates. Features include a brand-new roof (Aug 2026), ductless mini-splits w/ heat pump heating & AC (2024), new water heater (2025), washer/dryer (2024), dishwasher (2024), induction/convection stove (2023), and a 2023 cedar privacy fence. Priced thoughtfully for your desired cosmetic updates. The main floor centers on a cozy gas fireplace flowing into a kitchen with stainless steel appliances & granite counters. South-facing windows offer natural light and Mt. Rainier views. Upstairs, the primary suite features vaulted ceilings and generous closet space. The main entry floor includes a spacious flexible bedroom and attached garage with extra storage. Walk just 7 minutes to groceries, dining, and Light Rail for easy car-free commuting. Best of all: NO HOA dues or rules, and NO rental restrictions. Move-in ready with modern systems, great walkability, and total freedom.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,320 | 1,801.924 |
| Lot Size | 1,136 | 4,494.536 |
| Price | $515.0K | $974.4K |
| Price per sq ft | $390 | $569 |
| Built year | 2009 | 1948 |
| HOA | $0 | $78 |
| Days on market | 72 | 35 |
Aug 13, 2026
$515,000
Initial Listing