
Seattle, WA 98118
This Seward Park Single Family Residence is a High-Potential Investment Opportunity, listed at $899,970—positioned slightly above the $871,888 Fair Market Value. While the list price reflects a premium, the property offers significant Flexible Living & Rental Potential via its lower-level kitchenette and separate entrance. Featuring a Condition Rating of 4, the home provides a Recent Modern Refresh with new flooring and paint, though it retains original infrastructure. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property with territorial views near Lake Washington.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5138 S Myrtle Street Subject | $849,950* List Price | 4 | 3 | 2,292 | $364 | - |
A 5320 S Kenyon Street Sold | $999,950 | 3 | 3 | 2,190 | $457 | 0.5 mi |
B 4831 S Holly Street Active | $979,000 List Price | 4 | 2 | 2,340 | $418 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908, the home has received a recent cosmetic 'refresh' with new paint and LVP flooring. However, the kitchen and bathrooms feature oak cabinetry and tile work consistent with a renovation from over 20 years ago. While systems like the tankless water heater are modern, the primary living areas remain dated and will eventually require functional and aesthetic updates.
The lower level features a separate entrance, two bedrooms, and a kitchenette, providing an ideal setup for rental income, multi-generational living, or a private guest suite.
The home boasts significant cosmetic updates including new interior and exterior paint, new LVP flooring, and beautifully refinished original hardwoods, blending historic charm with modern appeal.
Situated on a generous 8,691 sqft lot with territorial views, the property offers excellent proximity to Lake Washington, Columbia City shops, light rail, and major freeway access.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2292, other record living area = 2000.
Built in 1908, the property may have underlying aging systems typical of century-old homes that require more maintenance than modern builds, despite the recent surface-level refreshments.
The property is zoned for schools with widely varying performance scores, including some with low ratings like Rainier Beach High School (2/10), which may impact long-term resale value for families.
Recently refreshed home in the desirable Seward Park community featuring amazing territorial views, newer exterior paint, new interior paint, new LVP flooring, and beautifully refinished hardwood floors. Natural light fills the open living and dining areas, creating a warm and inviting setting. The main level offers one bedroom, a versatile den/office, a full bath, and a spacious kitchen with a gas stove and walk-in pantry. Upstairs, the private primary suite includes its own ¾ bath and an adjoining loft area. The lower level features two additional bedrooms, a kitchenette, and a separate entrance, providing flexible options for guests, extended living, or potential rental use. Additional highlights include gas heat and a tankless water heater. Enjoy the large backyard with an expansive patio and mature fruit trees. Conveniently located near Seward Park, Lake Washington, Columbia City shops and restaurants, light rail, freeway access, Sea-Tac Airport, and downtown Seattle. Walkable to multiple Bus Stops.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.4 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,292 | 1,803.474 |
| Lot Size | 8,691 | 4,544.116 |
| Price | $850.0K | $978.6K |
| Price per sq ft | $371 | $570 |
| Built year | 1908 | 1949 |
| HOA | $0 | $68 |
| Days on market | 44 | 36 |
Aug 27, 2026
$849,950
$879,950
-3% Price Drop
Initial Listing
Aug 6, 2026
$879,950
$899,970
-2% Price Drop
Initial Listing
Jul 27, 2026
$899,970
Initial Listing