
Seattle, WA 98118
This 5-Bedroom Multi-Generational Home represents a High-Potential Investment Opportunity, listed at $850,000—positioned slightly above the $836,865 Fair Market Value. While not a discount buy, the property offers significant utility through its dual-kitchen layout and separate lower-level entrance, ideal for house hacking. With a Fair Condition Rating and 1980s construction, the home provides a canvas for value-add renovations. Its proximity to the light rail station ensures strong rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living arrangements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4643 S Othello Street Subject 5 bd · 3 ba · 2,300 sqft · $364 | $850,000* List Price | 5 | 3 | 2,300 | $364 | - |
A 5126 S Othello Street Sold 4 bd · 3 ba · 2,508 sqft · $419 · 0.2 mi | $1,050,000 | 4 | 3 | 2,508 | $419 | 0.2 mi |
B 3821 S Graham Street Sold 3 bd · 2 ba · 2,120 sqft · $307 · 0.8 mi | $650,000 | 3 | 2 | 2,120 | $307 | 0.8 mi |
C 7944 Seward Park Avenue S Sold 3 bd · 2 ba · 2,043 sqft · $433 · 0.6 mi | $885,000 | 3 | 2 | 2,043 | $433 | 0.6 mi |
D 8826 41st Street S Sold 5 bd · 3 ba · 2,500 sqft · $380 · 1.0 mi | $949,000 | 5 | 3 | 2,500 | $380 | 1.0 mi |
E 6906 55th Avenue S Sold 4 bd · 3 ba · 1,920 sqft · $453 · 0.5 mi | $870,000 | 4 | 3 | 1,920 | $453 | 0.5 mi |
F 8128 Wolcott Avenue S Sold 4 bd · 3 ba · 1,740 sqft · $428 · 0.5 mi | $745,000 | 4 | 3 | 1,740 | $428 | 0.5 mi |
G 7601 39th Avenue S Sold 5 bd · 4 ba · 2,820 sqft · $357 · 0.5 mi | $1,007,000 | 5 | 4 | 2,820 | $357 | 0.5 mi |
H 4808 S Othello Street Active 5 bd · 2 ba · 2,300 sqft · $298 · 0.1 mi | $685,000 List Price | 5 | 2 | 2,300 | $298 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1981 (43 years old), placing it well into the 'Fair' to 'Poor' age bracket. While the interior shows some cosmetic updates such as newer laminate flooring and fresh paint, the kitchen is significantly dated with older yellow laminate countertops, an aged dishwasher, and vinyl flooring. The exterior shows signs of age with moss on the roof. It is functional and move-in ready, but the age of the systems and the dated finishes necessitate modernization and minor repairs.
The dual-kitchen layout and separate lower-level entrance provide an excellent opportunity for rental income or a turnkey multi-generational living setup.
Located just three blocks from the light rail station, this property offers exceptional commuting convenience to downtown Seattle, Renton, and the airport.
With 5 bedrooms and 2,300 square feet, the home offers a high bedroom count and a versatile floor plan that provides significant value for the price point.
Several assigned local schools, such as Rainier Beach High and Brighton Elementary, have low ratings, which may be a drawback for families prioritizing education.
Built in 1981, the property may require updates to its original systems or aesthetic finishes to compete with more modern or fully renovated homes in the area.
Exceptional Opportunity! Spacious 5-Bedroom Home with Dual Kitchens & Income Potential! Discover the possibilities with this versatile 5-bedroom, 3-bathroom home offering space, flexibility, and incredible value! Featuring two kitchens and separate living areas, this property is ideal for multi-generational living, an extended household, or generating potential rental income. Upper Level: Enjoy 3 bedrooms, 2 full bathrooms, a well-appointed kitchen, and inviting living and dining areas. Step out from the dining area onto the deck overlooking the backyard—perfect for relaxing or entertaining. Lower Level: With its own separate entrance, the lower level offers 2 bedrooms, 1 full bathroom, a kitchen with an eating area, a comfortable living space, and an additional bonus room—providing endless possibilities for guests, extended family, or potential rental use. More to Love: Ample parking in the back adds everyday convenience, while the prime location puts you just minutes from downtown Seattle and Renton, and only 3 blocks from the light rail station for easy commuting. Live Upstairs, Rent Downstairs, or Bring Everyone Together! Whether you're looking for a home that accommodates multiple generations or an opportunity to explore additional income potential, this property offers flexibility to fit your lifestyle. Don't miss this fantastic opportunity to own a spacious, versatile home in a convenient location at a great value!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,300 | 1,801.924 |
| Lot Size | 5,200 | 4,494.536 |
| Price | $850.0K | $974.4K |
| Price per sq ft | $370 | $569 |
| Built year | 1981 | 1948 |
| HOA | $0 | $78 |
| Days on market | 3 | 35 |
Oct 22, 2026
$850,000
Initial Listing