
Seattle, WA 98118
This Turnkey Multi-Generational Home is a Strong Value Opportunity, listed at $1,025,000—positioned well below the $1,001,161 Fair Market Value by -2%. While priced at market, the property features a Condition Rating of 2, boasting a newer roof, central A/C, and two fully updated kitchens. The flexible, independent lower level provides significant income potential for Buy-and-Hold Investors or Owner-Occupants seeking mortgage offset. Located near Columbia City, this home offers a rare blend of modern infrastructure and versatile living space in a prime Seattle location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4500 S Alaska Street Subject | $999,000* List Price | 4 | 2 | 1,740 | $565 | - |
A 4707 S Brandon Street Pending | $999,000 List Price | 4 | 2 | 1,820 | $549 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1953, the property has undergone a comprehensive recent renovation making it turnkey. Key systems including the roof, HVAC (central A/C and furnace), and water heater are all described as 'newer.' The home features two fully updated kitchens with modern appliances and stone countertops, updated bathrooms, and mint-condition interior finishes, meeting the criteria for a high-quality renovation with no immediate maintenance required.
The fully independent lower level features a separate entrance, full kitchen, and two bedrooms, providing an ideal setup for Airbnb rental income, multi-generational living, or a significant mortgage offset.
This turnkey mid-century home boasts high-value mechanical upgrades including central A/C, a newer roof, updated furnace, and water heater, offering peace of mind and reduced immediate maintenance costs.
Perfectly positioned near Columbia City’s vibrant retail core, the property offers easy access to the PCC Market, light rail station, and the recreational waterfront of Lake Washington.
The property is served by several schools with lower performance ratings, including the local high school rated 2/10, which may impact long-term resale value for education-focused families.
With 1,740 square feet distributed across four bedrooms and two kitchens, the individual room sizes and common areas may feel constrained compared to more modern, open-concept layouts.
Tucked on a quiet residential street in desirable Lakewood, this turnkey 4-bedroom, 1.75-bath mid-century blends timeless design, modern updates, and exceptional flexibility just moments from Columbia City, Genesee Park, and Lake Washington. Thoughtfully updated while preserving its original character, the home features a newer roof, central A/C, furnace, water heater, updated lighting, upgraded appliances including gas cooking, and abundant storage. Light-filled living spaces feature vaulted ceilings, skylights, hardwood floors, large picture windows, and a cozy wood-burning fireplace. The flexible lower level can function seamlessly with the main home or as a fully independent living space with separate entrance, 2 bedrooms, full kitchen, living area, bath, and access to newer washer/dryer—ideal for Airbnb income, multi-generational living, guest quarters, or mortgage offset potential. Two full kitchens offer rare versatility for modern living. Set on a large south-facing corner lot, the home offers mature landscaping, inviting entertaining spaces, a new concrete pathway, off-street parking, and a one-car garage. Enjoy easy access to Columbia City’s restaurants, cafés, PCC Market, farmers market, and light rail, along with nearby Genesee Park, the off-leash dog park, ball fields, Lake Washington, and convenient commutes via I-90 and I-5. A rare opportunity to own a beautifully updated home with true flexibility in one of South Seattle’s most sought-after neighborhoods.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 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 | 1953 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 30, 2026
$999,000
$1,025,000
-3% Price Drop
Initial Listing
May 14, 2026
$1,025,000
Initial Listing