
Seattle, WA 98118
This Spacious Townhome represents a High-Potential Investment Opportunity, listed at $639,000—positioned slightly above the $613,659 Fair Market Value. While not a discount buy, the property offers significant long-term value through its NO HOA structure, 3-car parking, and a Good Condition Rating. The flexible lower level with a private entrance provides excellent income-producing potential. Located near the Othello Light Rail, this home is a versatile asset for Buy-and-Hold Investors or Owner-Occupants seeking a "house hack" in a rapidly growing Seattle neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7530 43rd Avenue S B Subject 3 bd · 3 ba · 1,500 sqft · $410 | $639,000* List Price | 3 | 3 | 1,500 | $410 | - |
A 9011 46th Avenue S B Sold 3 bd · 2 ba · 1,020 sqft · $480 · 0.8 mi | $490,000 | 3 | 2 | 1,020 | $480 | 0.8 mi |
B 9011 46th Avenue S B Sold 3 bd · 2 ba · 1,020 sqft · $480 · 0.8 mi | $490,000 | 3 | 2 | 1,020 | $480 | 0.8 mi |
C 4506 S Kenyon St Sold 2 bd · 2 ba · 1,088 sqft · $478 · 0.2 mi | $520,000 | 2 | 2 | 1,088 | $478 | 0.2 mi |
D 7526 43rd Avenue S A Active 3 bd · 4 ba · 1,600 sqft · $456 · 0.0 mi | $730,000 List Price | 3 | 4 | 1,600 | $456 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1999 (25 years old), the property qualifies as 'Good' due to extensive recent renovations including new laminate and LVP flooring, new carpet, and fresh interior paint. The kitchen and baths have been refreshed with new hardware and a new range, and the roof was replaced in 2017, making it fully move-in ready and well-maintained.
The absence of HOA dues and CCRs provides significant monthly savings and greater freedom for the homeowner compared to typical Seattle townhomes.
A private ground-level third bedroom with its own full bath and separate exterior entrance offers an excellent opportunity for rental income, a home office, or multigenerational living.
Located just a 7-minute walk from the Othello Light Rail Station and featuring rare 3-car parking, this property offers a level of accessibility and convenience seldom found in the city.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1548, living area = 1500.
Several assigned schools, particularly the local high school with a rating of 2, have low performance scores, which may impact appeal for families and long-term resale value.
Spacious, updated townhome in a rapidly growing Seattle neighborhood, just a 7-minute walk to Othello Light Rail Station, Othello Park, groceries, tons of amazing cafés & restaurants! With NO HOA dues or CCRs, parking for 3 cars (including an attached garage) and a highly livable floorplan, this home offers flexibility rarely found in a townhome. The airy main level features spacious living & dining areas, an updated kitchen, laundry & powder bath. Upstairs, two generous bedrooms feature vaulted ceilings and a convenient Jack-and-Jill bath. The private ground-level 3rd bedroom with its own full bath, patio & separate exterior entrance creates an exceptional opportunity for guests, home office, multigenerational living or potential income-producing space, all without altering the existing layout. Easily reconnect it as your needs change. Recent improvements include fresh interior paint, newer laminate flooring, new carpet, LVP flooring, refreshed kitchen cabinetry & hardware, tiled counters, new range, updated baths & more. Newer roof (2017). What sets this home apart? The rare combination of NO HOA, 3-car parking, move-in-ready updates, incredible transit access AND a flexible separate-entry lower level with income potential. For buyers looking for affordability, versatility and long-term value, this one offers that and more!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,500 | 1,801.924 |
| Lot Size | 1,548 | 4,494.536 |
| Price | $639.0K | $974.4K |
| Price per sq ft | $426 | $569 |
| Built year | 1999 | 1948 |
| HOA | $0 | $78 |
| Days on market | 44 | 35 |
Sep 10, 2026
$639,000
Initial Listing