4808 S Othello Street, Seattle, WA 98118, Seattle, 98118 - 3 bed, 2 bath
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4808 S Othello Street
Seattle, WA 98118
ACTIVE
CONDITION: GOOD
3Beds
2Baths
2,300Sq Ft
4,000Lot Size
Property Price
LIST PRICE$624,000
EST. MARKET VALUE
$643,999
3% BelowMARKET VALUE
SUMMARY
This Spacious Traditional Home is a Strong Value Opportunity, listed at $650,000—positioned well below the $662,066 Fair Market Value by 1%. This valuation gap offers $12,066 in Instant Equity. The property is in Condition Rating 3, featuring a Granite Kitchen and new mini-splits, while offering room for cosmetic basement finishing. Located steps from the Light Rail and Seward Park, it balances investment potential with commuter convenience. This is an ideal acquisition for Owner-Occupants seeking value or first-time buyers looking to build long-term wealth.
Estimated Market Value
$643,999+$19,999 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4808 S Othello Street Subject 3 bd · 2 ba · 2,300 sqft · $280 | $624,000* List Price | 3 | 2 | 2,300 | $280 | - |
A 7623 46th Avenue S Sold 3 bd · 2 ba · 2,760 sqft · $286 · 0.3 mi | $790,000 | 3 | 2 | 2,760 | $286 | 0.3 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 |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The 1911 property features significant recent updates including new laminate flooring, a brand-new full bathroom, and modern mini-split HVAC systems, making it functional and move-in ready. However, the kitchen cabinets show some age and the basement ceiling is unfinished with exposed insulation, requiring minor finishing work.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious & Versatile Layout
Offering 2,300 sqft across three finished levels, including five bedrooms and a functional basement with bonus rooms, this home provides exceptional square footage and flexibility for the price point.
- Modernized Systems & Finishes
The property features key updates including new laminate flooring, a brand-new full bath, granite countertops, and energy-efficient mini-splits for year-round climate control.
- Prime Transit-Oriented Location
Ideally situated steps from the Light Rail and Seward Park, the home offers a highly convenient commute, reaching Downtown Seattle, SeaTac, and Boeing within 10-15 minutes.
CONSRISKS & DEFICIENCIES
- Century-Old Infrastructure
Built in 1911, the property may present long-term maintenance challenges or require future structural/systemic updates inherent to homes of this vintage, despite recent cosmetic improvements.
- Inconsistent School Ratings
While some local elementary schools are highly rated, the designated high school has a lower performance rating, which may impact appeal for education-focused families.
About 4808 S Othello Street
Room to breathe, comfort to enjoy, and space to make your own! This home offers delightfully roomy living across three full levels. The light filled main floor welcomes you with 9ft ceilings, new laminate floors, an open kitchen with a granite slab eat-in counter, plus a spacious main-level bedroom and brand-new full bath. Upstairs features two comfortable bedrooms off a charming landing, complete with mini-splits on both levels for efficient heating and year-round A/C! Downstairs, the 920 sq ft mostly finished basement offers functional ceiling height, two good-sized non-conforming bonus rooms, a second full bath, and storage to adapt as you grow—ideal for home offices, a gym, or guest quarters. Enjoy a fenced yard, low-maintenance patio, and 2+ off-street parking spots. An incredible townhouse alternative just steps to Seward Park & Light Rail, with easy access to Downtown & SeaTac!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 4,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Brighton Elementary School
Grades PK-5 • 0.4 mi
3/10
Graham Hill Elementary School
Grades PK-5 • 0.6 mi
6/10
Wing Luke Elementary School
Grades K-5 • 0.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,300 | 1,801.924 |
| Lot Size | 4,000 | 4,494.536 |
| Price | $624.0K | $974.4K |
| Price per sq ft | $271 | $569 |
| Built year | 1911 | 1948 |
| HOA | $0 | $78 |
| Days on market | 33 | 35 |
Pricing History
Listed for Sale
Oct 16, 2026
$624,000
$650,000
-4% Price Drop
Initial Listing
Price Change
Sep 21, 2026
$650,000
Initial Listing