4422 S Myrtle Street, Seattle, WA 98118, Seattle, 98118 - 3 bed, 1 bath
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Seattle, WA 98118
Analysis of 4422 S Myrtle Street, Seattle, WA 98118 is currently available with a list price of $1,200,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Seattle Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a redevelopment opportunity with the primary value residing in the large 15,568 sqft lot. Built in 1952 and described as ideal for new construction or townhome development, the existing structure is positioned for demolition. The listing lacks interior photos and emphasizes transit-oriented development potential, confirming the home itself is likely at the end of its functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15568, living area = 1460.
The expansive 15,568 sqft level lot offers a rare urban infill opportunity for high-density projects like townhomes or cottage housing in a high-demand Seattle corridor.
Situated just minutes from the Link Light Rail station, the property provides exceptional regional connectivity to Downtown Seattle and Sea-Tac Airport, significantly driving long-term land value.
As the primary value is in the land, the existing 1952 structure likely requires removal or major overhaul, making it unsuitable for traditional buyers seeking a move-in ready home.
The property is served by schools with lower academic ratings, particularly the local high school, which may limit appeal for families prioritizing educational district performance.
Exceptional redevelopment opportunity in Seattle’s rapidly growing Brighton neighborhood, just minutes from the Link Light Rail station for easy access to Downtown Seattle, Sea-Tac Airport, and the entire regional transit network. This 15,568sqft (.357 acre) level lot offers outstanding potential for builders, developers, and investors seeking a prime transit-oriented development site. The property currently features a 3-bedroom home with 1,460sqft, but the true value is in the land, making it ideal for new construction, townhome development, or other residential redevelopment opportunities (buyer to verify zoning and development options). The generous lot size, level topography, and paved street access create a flexible site for multiple townhomes, cottage housing, or other urban infill housing concepts. Located in one of South Seattle’s fastest-developing corridors, the property is surrounded by neighborhood amenities, parks, restaurants, and everyday conveniences. The nearby light rail station dramatically enhances long-term value, making this an attractive site for transit-oriented housing that appeals to commuters and urban lifestyle buyers. Whether you are a builder looking for your next townhome project, a developer seeking a transit-focused site, or a land bank investor planning future redevelopment, this property offers exceptional upside in a strategic Seattle location.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1952 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 19, 2026
$1,200,000
Initial Listing