4424 S Holly Street, Seattle, WA 98118, Seattle, 98118 - 4 bed, 2 bath
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4424 S Holly Street
Seattle, WA 98118
PENDING
CONDITION: EXCELLENT
4Beds
2Baths
1,620Sq Ft
7,620Lot Size
Property Price
LIST PRICE$829,000
EST. MARKET VALUE
$875,440
5% BelowMARKET VALUE
SUMMARY
This Turn-Key Multi-Family Asset is a Strong Value Opportunity, listed at $829,000—positioned well below the $875,441 Fair Market Value by 5%. This valuation gap offers $46,441 in Instant Equity. Featuring a Condition Rating of 2, the property includes a fully permitted basement ADU and a massive 7,620 sqft lot with transit corridor zoning. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility property with significant long-term development upside in Hillman City.
Estimated Market Value
$875,440+$46,440 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 | $829,000* List Price | 4 | 2 | 1,620 | $540 | - |
A 3501 S Webster St Sold | $690,000 | 4 | 2 | 1,820 | $379 | 0.7 mi |
B 3533 S Austin Street Sold | $725,000 | 4 | 2 | 1,470 | $493 | 0.7 mi |
C 4240 S Rose Street Sold | $682,000 | 3 | 2 | 1,350 | $505 | 0.9 mi |
D 4858 S Orcas Street Sold | $984,500 | 3 | 2 | 1,755 | $561 | 0.7 mi |
E 4707 S Brandon Street Sold | $999,000 | 4 | 2 | 1,820 | $549 | 0.7 mi |
F 4829 S Kenny Street Sold | $735,000 | 3 | 2 | 1,250 | $588 | 0.5 mi |
G 4846 S Kenny Street Pending | $799,950 List Price | 3 | 2 | 1,340 | $597 | 0.5 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.
The property has undergone a full top-to-bottom renovation with modern finishes, including quartz countertops, stainless steel appliances, and new mini-split HVAC systems. The interior features updated LVP flooring, recessed lighting, and modern cabinetry, placing it in the <5 year renovation category.
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 turn-key property features a legal, fully permitted basement ADU, offering immediate dual-stream 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 add detached ADUs, maximizing future land value.
CONSRISKS & DEFICIENCIES
- Occupancy Restrictions
With both units currently occupied by tenants, immediate possession for an owner-occupant is not possible, requiring coordination with existing lease agreements.
- Variable School Ratings
The property is zoned for schools with mixed performance scores, including a low rating of 2 for the local high school, which may be a concern 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 | 1,803.474 |
| Lot Size | 7,620 | 4,544.116 |
| Price | $829.0K | $978.6K |
| Price per sq ft | $512 | $570 |
| Built year | 1950 | 1949 |
| HOA | $0 | $68 |
| Days on market | 21 | 36 |
Pricing History
Listed for Sale
Aug 19, 2026
$829,000
Initial Listing