7226 33rd Avenue S, Seattle, WA 98118, Seattle, 98118 - 3 bed, 2 bath
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Seattle, WA 98118
This Versatile Residential Asset is listed at $849,950, positioned near its $823,650 Fair Market Value. Boasting a Condition Rating of 3, the property is move-in ready with high-value 2023 upgrades, including a new gas furnace, water heater, and windows. The unique 7,439 sq ft double-parcel lot and lower-level MIL or rental conversion potential offer significant long-term upside. With an enclosed carport and detached shop, the home provides exceptional storage and utility. This is a premier choice for Owner-Occupants or Multi-generational Buyers seeking a functional home with house-hacking potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7226 33rd Avenue S Subject | $774,950* List Price | 3 | 2 | 2,020 | $382 | - |
A 3501 S Webster St Pending | $748,900 List Price | 4 | 2 | 1,820 | $411 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements, including a 2023 gas furnace and water heater, brand-new windows, and a newer roof. The interior is well-maintained with updated stainless steel kitchen appliances, modern light fixtures, and a mix of original hardwood and newer laminate flooring. While the 1965 build date and some storage areas show their age, the primary living spaces and major mechanical systems are updated and functional, meeting the criteria for a well-maintained, move-in ready home.
The property features a newer roof, brand-new windows, and a 2023 gas furnace and water heater, providing long-term peace of mind and reducing immediate capital expenditure for the buyer.
The spacious lower level with a large bonus room offers excellent potential for a Mother-in-Law (MIL) suite or rental unit, complemented by an adjacent second parcel that increases the total lot size to 7,439 sq ft.
With a 504 sq ft enclosed carport, a substantial detached shed/shop, and multiple exterior storage areas, the home is ideal for hobbyists, home businesses, or those requiring extensive equipment storage.
Built in 1965, the home may require cosmetic modernization to its interior finishes and layout to meet the aesthetic preferences of contemporary buyers despite its mechanical updates.
The potential for a studio or MIL conversion is subject to buyer verification of zoning and permitting, which may present regulatory hurdles or additional costs to fully realize the property's upside.
Well-cared-for 3-bedroom, 2-bath home in South Seattle offering meaningful system upgrades and flexible living space. The home features new stainless steel kitchen appliances, a new gas furnace and water heater (2023), brand-new windows, and a newer roof for long-term peace of mind. The spacious lower level includes a large bonus room with potential for conversion to a MIL or studio-style unit (buyer to verify), creating excellent flexibility for multi-generational living or possible rental income. Exceptional storage throughout, including a 504 sq ft enclosed attached carport with additional storage areas, a basement exterior storage room, and a substantial detached shed/shop ideal for hobbies, workspace, or extra equipment. With a functional layout, strong mechanical updates, and abundant on-site storage, this home offers both practicality and upside potential. Property has second adjacent parcel, for combined total lot size of 7,439sq ft. Conveniently located near transit, parks, and easy downtown access — move-in ready with room to grow, Welcome Home!
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 | 1965 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 10, 2026
$774,950
$799,000
-3% Price Drop
Initial Listing
Apr 15, 2026
$799,000
$849,950
-6% Price Drop
Initial Listing
Mar 4, 2026
$849,950
Initial Listing