4849 S Chicago Street, Seattle, WA 98118, Seattle, 98118 - 2 bed, 2 bath
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Seattle, WA 98118
This Modern Urban Townhome is a Strong Value Opportunity, listed at $465,000—positioned well below the $468,337 Fair Market Value by 0.71%. This valuation gap offers $3,337 in Instant Equity. Featuring a Good Condition Rating with recent LVP flooring and an oversized garage, the property offers high rental flexibility with no rental caps. While local high school ratings are modest, the transit-oriented location near the Light Rail ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking city convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4849 S Chicago Street Subject | $465,000* List Price | 2 | 2 | 1,100 | $426 | - |
A 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 2013, the property is 13 years old, placing it squarely in the 'Good' category. It is well-maintained and move-in ready, featuring recent cosmetic updates such as new carpet and LVP flooring. Systems and appliances appear functional and consistent with the building's age.
The property features no rental cap and allows short-term rentals, making it a highly flexible asset for both traditional homeowners and savvy investors seeking diverse income streams.
Situated just blocks from the Light Rail with immediate access to I-5, this home offers an exceptional commute to downtown Seattle, the airport, and Columbia City.
Built in 2013 and updated with new LVP flooring and carpet, the home includes a rare oversized one-car garage and ample storage, addressing common pain points of urban living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 940.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1066, living area = 1100.
While elementary options are strong, the designated high school has a low rating, which may be a concern for families prioritizing long-term educational consistency.
This is affordable urban living with the kind of flexibility that’s hard to find. Located in Brighton, this light-filled townhome offers a functional floorplan, two generously sized bedrooms and bathrooms, new carpet, new LVP flooring, and ample storage throughout. An oversized one-car garage with additional storage makes city living even easier. Just blocks from the Light Rail with easy access to I-5, downtown Seattle, the airport, Seward Park, and Columbia City, you can leave your car parked and take advantage of the many nearby transit options, or enjoy easy commuting in every direction. Pet-friendly with no rental cap and short-term rentals allowed, this is a smart option for both homeowners and investors looking for functionality, convenience, and strong long-term potential in the city.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2013 | - | 0% |
| HOA | $165 | $0 | 0% |
| Days on market | - | - | 0% |
May 15, 2026
$465,000
Initial Listing