4424 S Holly Street, Seattle, WA 98118, Seattle, 98118 - 4 bed, 2 bath
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4424 S Holly Street
Seattle, WA 98118
CLOSED
CONDITION: EXCELLENT
4Beds
2Baths
1,620Sq Ft
7,620Lot Size
Property Price
LIST PRICE$829,000
EST. MARKET VALUE
$863,958
4% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $829,000—positioned well below the $863,958 Fair Market Value by 4%. This valuation gap offers $34,958 in Instant Equity. Featuring a Mint Condition Rating and a legal, permitted 2 BD / 1 BA basement ADU, this property provides immediate rental income. The oversized 7,620 sqft lot with transit corridor zoning offers significant development upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, turn-key asset in Hillman City.
Estimated Market Value
$863,958+$34,958 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 |
|---|---|---|---|---|---|---|
★ 4424 S Holly Street Subject 4 bd · 2 ba · 1,620 sqft · $533 | $775,000 | 4 | 2 | 1,620 | $533 | - |
A 3501 S Webster St Sold 4 bd · 2 ba · 1,820 sqft · $379 · 0.7 mi | $690,000 | 4 | 2 | 1,820 | $379 | 0.7 mi |
B 4846 S Kenny Street Sold 3 bd · 2 ba · 1,340 sqft · $612 · 0.5 mi | $820,000 | 3 | 2 | 1,340 | $612 | 0.5 mi |
C 3533 S Austin Street Sold 4 bd · 2 ba · 1,470 sqft · $493 · 0.7 mi | $725,000 | 4 | 2 | 1,470 | $493 | 0.7 mi |
D 4240 S Rose Street Sold 3 bd · 2 ba · 1,350 sqft · $505 · 0.9 mi | $682,000 | 3 | 2 | 1,350 | $505 | 0.9 mi |
E 4858 S Orcas Street Sold 3 bd · 2 ba · 1,755 sqft · $561 · 0.7 mi | $984,500 | 3 | 2 | 1,755 | $561 | 0.7 mi |
F 4707 S Brandon Street Sold 4 bd · 2 ba · 1,820 sqft · $549 · 0.7 mi | $999,000 | 4 | 2 | 1,820 | $549 | 0.7 mi |
G 5968 44th Avenue S Sold 3 bd · 1 ba · 1,010 sqft · $644 · 0.4 mi | $650,000 | 3 | 1 | 1,010 | $644 | 0.4 mi |
H 4821 S Brandon Street Pending 4 bd · 3 ba · 1,906 sqft · $514 · 0.8 mi | $979,999 List Price | 4 | 3 | 1,906 | $514 | 0.8 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.
Although originally built in 1950, the property has undergone a complete top-to-bottom renovation featuring modern finishes, quartz countertops, stainless steel appliances, updated flooring, and new mini-split HVAC systems, placing it in mint, turn-key condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7620, living area = 1620.
- Income Generation & Versatility
This property features a legal, fully permitted 2-bedroom basement ADU, offering immediate rental income or a perfect house-hacking opportunity for owner-occupants.
- Significant Development Upside
The oversized 7,620 sqft flat lot with alley access and transit corridor zoning provides massive potential to build up to six units or additional DADUs.
CONSRISKS & DEFICIENCIES
- Occupancy Constraints
Current tenant occupancy in both units may delay immediate possession for owner-occupants or the commencement of new development projects.
- Local School Performance
The property is zoned for schools with lower performance ratings, such as Brighton Elementary and Rainier Beach High, which may affect appeal for education-focused families.
About 4424 S Holly Street
Rare turn-key investment opportunity in Hillman City, Seattle! 4 BD / 2 BA property featuring a main-level 2 BD / 1 BA home plus a legal, fully permitted 2 BD / 1 BA basement ADU. Fully renovated top-to-bottom with modern finishes, abundant parking, & spacious fully fenced yards. Thoughtful upgrades include quartz counters & stainless steel appliances, mini split heating + A/C in living rooms, & RV Parking. Both units are currently occupied by great tenants, but may be available for an owner-occupant in the future. The home is sited on an oversized 60' x 127' (7,620 sqft) flat lot with back alley access. Huge upside for developers & investors in a prime Hillman City location minutes to Light Rail, Columbia City dining, Seward Park & Lake Washington, and a short commute to Downtown or Bellevue. Investors - consider reclassifying existing units as ADUs & building a new standalone SFH or DADUs in back, or leverage transit corridor zoning for up to 6 units - reach out to helpful listing agent for more info.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,620 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Brighton Elementary School
Grades PK-5 • 0.1 mi
3/10
Graham Hill Elementary School
Grades PK-5 • 0.4 mi
6/10
Wing Luke Elementary School
Grades K-5 • 0.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,620 | 1,801.924 |
| Lot Size | 7,620 | 4,494.536 |
| Price | $775.0K | $974.4K |
| Price per sq ft | $478 | $569 |
| Built year | 1950 | 1948 |
| HOA | $0 | $78 |
| Days on market | 66 | 35 |
Pricing History
Listed for Sale
Aug 19, 2026
$829,000
Initial Listing