5402 S Cloverdale Street, Seattle, WA 98118, Seattle, 98118 - 6 bed, 4 bath
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5402 S Cloverdale Street
Seattle, WA 98118
ACTIVE
CONDITION: FAIR
6Beds
4Baths
2,600Sq Ft
6,500Lot Size
Property Price
LIST PRICE$899,950
EST. MARKET VALUE
$869,414
3% AboveMARKET VALUE
SUMMARY
This Multigenerational Residential Property represents a Strong Value Opportunity, listed at $899,950—positioned well below the $869,415 Fair Market Value by -3%. While the property requires cosmetic updates given its Condition Rating of 4, the 6-bedroom, 4-bathroom layout and detached 400+ sqft DADU provide exceptional utility. Located two blocks from the waterfront, this asset offers significant flexibility for Buy-and-Hold Investors or Owner-Occupants seeking a versatile living arrangement with immediate potential for value-add renovations in a prime Seattle location.
Estimated Market Value
$869,414
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 |
|---|---|---|---|---|---|---|
★ 5402 S Cloverdale Street Subject 6 bd · 4 ba · 2,600 sqft · $334 | $899,950* List Price | 6 | 4 | 2,600 | $334 | - |
A 5210 S Kenyon Street Sold 5 bd · 3 ba · 3,490 sqft · $244 · 0.4 mi | $851,000 | 5 | 3 | 3,490 | $244 | 0.4 mi |
B 5126 S Othello Street Sold 4 bd · 3 ba · 2,508 sqft · $419 · 0.7 mi | $1,050,000 | 4 | 3 | 2,508 | $419 | 0.7 mi |
C 8826 41st Street S Sold 5 bd · 3 ba · 2,500 sqft · $380 · 0.8 mi | $949,000 | 5 | 3 | 2,500 | $380 | 0.8 mi |
D 8128 Wolcott Avenue S Sold 4 bd · 3 ba · 1,740 sqft · $428 · 0.3 mi | $745,000 | 4 | 3 | 1,740 | $428 | 0.3 mi |
E 8722 Hamlet Ave S Pending 5 bd · 3 ba · 3,120 sqft · $319 · 0.1 mi | $995,000 List Price | 5 | 3 | 3,120 | $319 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1939, the property shows signs of being well-maintained but is significantly dated. Interior features such as the red carpeting, mirrored ceiling treatments, and older window styles suggest the last major renovation occurred 20-30 years ago. While functional and move-in ready for multigenerational living, it requires cosmetic updates and a review of aging systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multigenerational Versatility
The property features a detached 400+ sqft DADU with a full kitchen and separate entrance, providing an ideal solution for extended family living or potential rental income.
- Prime Waterfront Proximity
Located just two blocks from the beaches and Seward Park, the home offers exceptional access to outdoor recreation and the scenic Seattle waterfront lifestyle.
- High-Capacity Layout
With 6 bedrooms and 4 bathrooms, the residence offers a rare and efficient configuration for large families that is increasingly difficult to find in the Seattle market.
CONSRISKS & DEFICIENCIES
- Extended Market Time
The property has been active for 98 days, which may suggest the listing price is not currently aligned with buyer expectations or prevailing market conditions.
- Local School Ratings
Several assigned schools, including the high school and nearby elementary options, have low performance ratings, which may deter families prioritizing public education.
About 5402 S Cloverdale Street
MULTIPLE GENERATIONS. ONE PROPERTY. PRIVACY FOR EVERYONE. A rare opportunity designed for today’s multigenerational lifestyle, bringing family closer while preserving the privacy and independence everyone deserves. The spacious main residence offers approximately 2,200 square feet, complemented by a detached 400+ square-foot MIL-style DADU featuring a full kitchen (excluding dishwasher), ¾ bath, sleeping area, living/TV space, washer/dryer, separate entrance, and dedicated off-street parking. Imagine grandparents living just steps from their children and grandchildren while maintaining a private space of their own, an adult or college-age child enjoying greater independence while remaining close to home, or comfortable accommodations for extended family and guests. Two distinct living spaces provide exceptional flexibility for evolving needs and different stages of life, all while keeping the people who matter most close by. Ideally located with convenient access to downtown Seattle, light rail, shopping, parks, and the waterfront, with beaches just two blocks away. A unique combination of space, privacy, flexibility, and location that is increasingly difficult to find
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Dunlap Elementary School
Grades PK-5 • 0.5 mi
5/10
Emerson Elementary School
Grades PK-5 • 0.9 mi
2/10
Wing Luke Elementary School
Grades K-5 • 1.0 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,600 | 1,801.924 |
| Lot Size | 6,500 | 4,494.536 |
| Price | $900.0K | $974.4K |
| Price per sq ft | $346 | $569 |
| Built year | 1939 | 1948 |
| HOA | $0 | $78 |
| Days on market | 122 | 35 |
Pricing History
Listed for Sale
Jun 24, 2026
$899,950
Initial Listing