
Seattle, WA 98118
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $427,192 Fair Market Value by 0.5%. This valuation gap offers $2,192 in Instant Equity. Featuring RSL Zoning and an unfinished basement, the home has a Condition Rating of 5, requiring comprehensive renovation. Its proximity to the Othello Light Rail and Wing Luke Elementary makes it a strategic asset. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to maximize land use.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4329 S Webster Street Subject 2 bd · 1 ba · 970 sqft · $440 | $417,000 | 2 | 1 | 970 | $440 | - |
A 4816 S Chicago Street Sold 2 bd · 1 ba · 800 sqft · $438 · 0.3 mi | $350,000 | 2 | 1 | 800 | $438 | 0.3 mi |
B 8434 34th Avenue S Sold 3 bd · 2 ba · 1,020 sqft · $475 · 0.8 mi | $485,000 | 3 | 2 | 1,020 | $475 | 0.8 mi |
C 4504 S Trenton Street Sold 3 bd · 1 ba · 1,230 sqft · $378 · 0.7 mi | $465,000 | 3 | 1 | 1,230 | $378 | 0.7 mi |
D 8435 46th ave S Sold 3 bd · 2 ba · 1,300 sqft · $413 · 0.6 mi | $537,000 | 3 | 2 | 1,300 | $413 | 0.6 mi |
E 7809 Beacon Avenue S Pending 3 bd · 2 ba · 1,230 sqft · $324 · 0.5 mi | $399,000 List Price | 3 | 2 | 1,230 | $324 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 with no signs of recent renovations, this property is explicitly marketed as a fixer-upper for investors or builders. The images show significant wear, including scuffed original hardwood floors and dated components, indicating the home requires a comprehensive rehab.
The property is ideally situated near the Othello Light Rail station, I-5 access, and multiple bus lines, offering exceptional convenience for commuters.
With RSL (Residential Small Lot) zoning and a 5,720 sqft lot, this property presents a significant opportunity for builders or investors to maximize land use.
The presence of an unfinished basement and attic space provides a clear path to increase square footage and equity through strategic renovations.
Marketed as a fixer-upper, the home will require a substantial capital investment to address its current condition and modernize the living spaces.
At just 970 square feet with a single bathroom, the current configuration may be too small for many modern buyers without immediate expansion.
Lot's of potential! This 2 bedroom home is conveniently located near the Othello Light Rail station, area retail and Othello Park. This home presents a unique chance for investors, builders or a buyer looking for a fixer with potential. RSL zoning and within minutes of I-5 access and bus lines. Unfinished basement and attic space accessible through the extra finished room.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 970 | 1,801.924 |
| Lot Size | 5,720 | 4,494.536 |
| Price | $417.0K | $974.4K |
| Price per sq ft | $430 | $569 |
| Built year | 1954 | 1948 |
| HOA | $0 | $78 |
| Days on market | 38 | 35 |
Sep 16, 2026
$425,000
Initial Listing