4636 S Othello, Seattle, WA 98118, Seattle, 98118 - 3 bed, 2 bath
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This High-Potential Investment Opportunity is listed at a List Price of $549,000, which aligns with its $549,000 Fair Market Value. As a proven short-term rental generating $4,000–$6,000 monthly, this property features a Condition Rating of 2 with a fully renovated interior and new exterior decks. Its Moderate Density Zoning and proximity to the Othello Light Rail station provide significant long-term upside. This turnkey asset is perfectly positioned for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, low-maintenance property in an up-and-coming Seattle neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4636 S Othello Subject 3 bd · 2 ba · 1,066 sqft · $515 | $549,000* List Price | 3 | 2 | 1,066 | $515 | - |
A 8123 49th Avenue S Sold 3 bd · 2 ba · 1,190 sqft · $504 · 0.5 mi | $600,000 | 3 | 2 | 1,190 | $504 | 0.5 mi |
B 4406 S Othello street Sold 2 bd · 2 ba · 1,330 sqft · $410 · 0.2 mi | $545,000 | 2 | 2 | 1,330 | $410 | 0.2 mi |
C 4240 S Rose Street Sold 3 bd · 2 ba · 1,350 sqft · $505 · 0.6 mi | $682,000 | 3 | 2 | 1,350 | $505 | 0.6 mi |
D 8411 48th Avenue S Pending 3 bd · 2 ba · 1,170 sqft · $538 · 0.7 mi | $629,850 List Price | 3 | 2 | 1,170 | $538 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1922, the property has undergone a complete interior renovation ('all new inside') and features new exterior decks and a retaining wall. As a currently active and high-performing short-term rental, it meets the criteria for a recent renovation (<5 years) in mint, move-in ready condition.
The property is a proven short-term rental generating $4,000-$6,000 monthly with no HOA restrictions, making it an ideal turnkey investment.
Situated within walking distance of the Othello Light Rail station, the home offers convenient commutes to Downtown Seattle and Sea-Tac Airport.
The home features a fully renovated interior and sits on a lot with moderate density zoning, providing both immediate comfort and future development upside.
With 599 days on the market, the property may carry a stigma that could affect buyer perception despite recent price improvements.
While the front yard is manicured, the backyard remains a blank slate requiring additional time and capital investment to complete.
Huge Price Drop! Adorable Brighton Beach 3 bedroom, 2 bath home within walking distance of Othello Train station, close proximity to Downtown Seattle & Sea tac airport, making it an ideal location. Owner is currently renting it on air bnb, making 4-6k/mo-'-- making it a fantastic investment piece as an air bnb, or full term rental. NO HOA! All new inside, just waiting for that lucky buyer. Nestled on a nice sized, freshly planted & manicured front lawn w/new front & back decks & a massive new retaining wall & staircase. The backyard is waiting for your personal touches to make it your own. Moderate density zoning in a prime location in an up & coming area of businesses & upscale homes, buy it & reap the future equity rewards.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,066 | 1,801.924 |
| Lot Size | 5,000 | 4,494.536 |
| Price | $549.0K | $974.4K |
| Price per sq ft | $515 | $569 |
| Built year | 1922 | 1948 |
| HOA | $0 | $78 |
| Days on market | 628 | 35 |
Feb 3, 2025
$549,000
Initial Listing