
Seattle, WA 98119
This Lower Queen Anne Condominium represents a Prime Investment Opportunity, listed at $549,980—positioned well below the $574,123 Fair Market Value by 4%. This valuation gap secures $24,143 in Instant Equity. Maintaining a Condition Rating of 4, the residence features new carpet, fresh paint, and a private balcony with Puget Sound and mountain views. With no rental cap and proximity to Amazon and Google, it balances lifestyle with high rental demand. This is an ideal match for Urban Professionals or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 524 6th Avenue W 110 Subject | $549,980* List Price | 2 | 2 | 920 | $624 | - |
A 500 5th Avenue W 705 Pending | $649,000 List Price | 2 | 2 | 966 | $672 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this 27-year-old condo is well-maintained and features recent cosmetic improvements including new carpet and fresh paint. While move-in ready with updated stainless steel appliances, the kitchen cabinetry and tile backsplash reflect the original construction style and have not undergone a full modern renovation, placing it within the 'fair' category based on age and level of updates.
Situated in Lower Queen Anne, the property offers exceptional proximity to major employers like Amazon and Google, as well as top-tier entertainment at Climate Pledge Arena and Seattle Center.
With no rental cap, this condo presents a versatile opportunity for both owner-occupants and investors looking to capitalize on the high-demand Seattle rental market.
The private balcony provides rare and desirable views of the city skyline, Puget Sound, and the mountains, significantly enhancing the living experience and resale value.
The monthly HOA fee of $775 is relatively high for a 920-square-foot unit, which may deter budget-conscious buyers or impact overall monthly affordability.
Constructed in 1997, the building is approaching a lifecycle stage where major systems or exterior maintenance may require capital improvements or future special assessments.
Bright, open-plan 2-bedroom, 2 bath condo in desirable Lower Queen Anne, your perfect Seattle retreat just minutes from downtown. New carpet and paint create a clean, inviting feel, while your private balcony delivers city, Sound, and mountain views. Secured garage parking and private storage unit. Conveniently located just minutes from Climate Pledge Arena and 0.1 miles from Centennial Hills Park, with easy access to open space, trails, and recreation. Quick commute to Amazon & Google, South Lake Union, Seattle Center, Myrtle Edwards waterfront, cafés, restaurants, stores, transit, and all Queen Anne has to offer. Ideal for professionals craving comfort, convenience, and that unbeatable Seattle lifestyle. No Rental cap!
No exterior & parking available.
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 | 1997 | - | 0% |
| HOA | $775 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 17, 2026
$549,980
Initial Listing