
Seattle, WA 98118
Analysis of 4525 S Henderson Street 103, Seattle, WA 98118 is currently available with a list price of $238,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but the primary renovation occurred in 1993, making the finishes over 30 years old. While it features updated stainless steel appliances and granite countertops, the overall aesthetic, including the tile flooring and cabinetry, shows signs of being outdated. It fits the 'fair' criteria as an aged home maintained through regular upkeep with no major recent renovations.
Situated just one block from the light rail and minutes from Boeing and downtown Seattle, this property offers an unbeatable commute and high walkability to local parks, retail, and the lake.
Rare for a unit of this size, the property includes two deeded parking spots and two dedicated storage spaces, providing significant added value and convenience.
The low HOA dues of $233 include water, sewer, and garbage, making this an affordable option for first-time buyers or investors looking for a low-overhead property.
At only 400 square feet, the studio-style layout offers very limited square footage, which may be a challenge for buyers with larger furniture or those desiring distinct living and sleeping areas.
Originally built in 1967, the building's overall infrastructure and common elements may lack the modern energy efficiencies and contemporary aesthetic found in newer Seattle developments.
Well-maintained studio with an open bedroom area, ideally located just one block from the light rail and minutes to Boeing and downtown Seattle. Originally built in 1967 and renovated in 1993, this spacious unit features stainless steel appliances, granite countertops, tile flooring, in-unit washer/dryer, newer interior paint, two storage spaces, and two deeded parking spots. Low HOA dues include water, sewer, and garbage. Pet-friendly (cats and dogs under 25 lbs). Secure building and an unbeatable walkable lifestyle—close to the lake, parks, trails, market, retail, library, and community center, with easy freeway access. A fantastic commuter location at an affordable price—schedule your private showing today!
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
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| Beds | - | - | 0% |
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| Built year | 1967 | - | 0% |
| HOA | $233 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 18, 2026
$238,000
$240,800
-1% Price Drop
Initial Listing
Mar 15, 2026
$240,800
Initial Listing