4838 S Chicago Street C, Seattle, WA 98118, Seattle, 98118 - 2 bed, 2 bath
Loading property details...
Seattle, WA 98118
This Turnkey Townhome represents a Strong Value Opportunity, listed at $515,000—positioned above the $489,458 Fair Market Value. While priced slightly above market, the property offers exceptional flexibility with No HOA and No Rental Caps, making it a versatile asset. Featuring a Good Condition Rating, this 1,230 sq. ft. residence includes an Attached Garage and a Private Patio. Its proximity to light rail transit ensures long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4838 S Chicago Street C Subject | $515,000* List Price | 2 | 2 | 1,230 | $398 | - |
A 4849 S Chicago Street Sold | $439,500 | 2 | 2 | 1,100 | $400 | 0.0 mi |
B 4838 S Chicago Street C Active | $525,000 List Price | 2 | 2 | 1,230 | $427 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this 16-year-old townhome falls squarely into the 'Good' category. The kitchen and systems are well-maintained and functional, featuring stainless steel appliances and modern mini-split HVAC units. While the finishes appear original to the build date rather than recently renovated, the property is turnkey and move-in ready.
The absence of an HOA and rental caps provides significant freedom for short-term or long-term rental strategies while eliminating monthly association dues.
Situated within walking distance to the light rail, this property offers exceptional convenience for commuters and enhances long-term property value.
The home is meticulously maintained and offers the option to include all furnishings, making it an ideal move-in-ready solution for owner-occupants or immediate rental use.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1076, living area = 1230.
The seller's strict 7-day listing period creates a high-pressure environment that may limit a buyer's time for comprehensive inspections or financing appraisals.
With only 1.5 bathrooms for a 1,230 sq. ft. layout, the property may be less competitive than newer townhome developments that typically offer full en-suite bathrooms for each bedroom.
Completely turnkey and move-in ready! This beautifully maintained 2-bedroom, 1.5-bath townhome offers 1,230 sq. ft. of bright, comfortable living with a spacious floor plan, attached garage, and an unbeatable location just minutes from light rail. **Price Reduced from original listing** and packed with value! The seller is now offering a **$5,000 buyer bonus at closing** to use toward closing costs, a rate buydown, prepaid expenses, or other allowable buyer costs—giving you the flexibility to make this purchase fit your needs. Buy with confidence knowing a **pre-inspection has already been completed**, helping to provide greater transparency from the start. All furnishings may be included with an acceptable offer, making this an outstanding opportunity for an owner-occupant, investor, or anyone looking for a turnkey, fully furnished home. With **no HOA and no rental cap**, you'll enjoy exceptional flexibility for long-term or short-term rental opportunities (buyer to verify local regulations). Opportunities offering this combination of **price improvement, buyer incentive, pre-inspection, and no HOA** are hard to find. Schedule your showing today before someone else takes advantage of this incredible value!
No exterior & parking available.
No sensitive facilities data found.
Jul 8, 2026
$515,000
Initial Listing