4557 33rd Avenue S, Seattle, WA 98118, Seattle, 98118 - 5 bed, 3 bath
Loading property details...
4557 33rd Avenue S
Seattle, WA 98118
ACTIVE
CONDITION: TEAR DOWN
5Beds
3Baths
3,161Sq Ft
7,841Lot Size
Property Price
LIST PRICE$495,000
SUMMARY
Restore this diamond in the ruff or start over with a clean slate. Favorable zoning of LR1 allows many multifamily possibilities. A shared easement with the neighbor allows backyard access for vehicles. Columbia City Merchants and light rail are in easy walking distance of the property.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
The property is currently boarded up and unlivable, with interior images showing severe mold growth and significant debris. The listing description explicitly suggests starting over with a 'clean slate' to utilize the LR1 multifamily zoning, indicating the structure is beyond reasonable repair and the value is primarily in the land.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The LR1 zoning provides a rare opportunity for multifamily development, allowing for significant value-add potential through the construction of townhomes or apartments in a high-demand area.
- Transit-Oriented Location
Situated within easy walking distance of the Columbia City light rail station and local merchants, offering exceptional urban connectivity and convenience for future residents.
- Generous Lot Size
The property features a substantial 7,841 sqft lot with a shared easement for backyard vehicle access, providing a versatile footprint for expansion or new construction.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7841, other record lot size in square feet = 3000. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3161, other record living area = 910. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
- Significant Renovation Required
The property is marketed as a 'diamond in the rough' or a 'clean slate,' implying the existing structure requires extensive restoration or a complete teardown, necessitating a large capital investment.
- Low School Ratings
Several assigned public schools in the immediate vicinity carry lower performance ratings, which may be a drawback for families prioritizing local education metrics.
About 4557 33rd Avenue S
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Hawthorne Elementary School
Grades PK-5 • 0.5 mi
5/10
Dearborn Park Elementary School
Grades K-5 • 0.7 mi
3/10
John Muir Elementary School
Grades K-5 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,161 | 1,801.924 |
| Lot Size | 7,841 | 4,494.536 |
| Price | $495.0K | $974.4K |
| Price per sq ft | $157 | $569 |
| Built year | 2001 | 1948 |
| HOA | $0 | $78 |
| Days on market | 1331 | 35 |
Pricing History
Listed for Sale
Mar 25, 2026
$495,000
Initial Listing