
Seattle, WA 98118
This Classic Beacon Hill Residence is a Strong Value Opportunity, listed at $615,000—positioned well below the $651,296 Fair Market Value by 5%. This valuation gap provides $36,296 in Instant Equity. Boasting a Good Condition Rating, the home features a $20,000 kitchen remodel, a newer roof, and territorial views on a massive 8,050 sq ft lot. With a proven Airbnb income history and basement expansion potential, it offers significant rental upside. This is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a versatile asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8607 42nd Avenue S Subject | $615,000* List Price | 4 | 1 | 1,780 | $366 | - |
A 8415 44th Avenue S Pending | $770,000 List Price | 4 | 3 | 1,860 | $414 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite its 1902 build date, the property is move-in ready and has benefited from significant recent capital improvements, including a $30,000 roof and a $20,000 kitchen remodel featuring modern cabinetry and a stylish herringbone backsplash. The interior shows well with updated flooring, fresh paint, and contemporary fixtures. Major systems have been recently serviced (furnace, sewer), and the inclusion of a home warranty further supports a 'good' condition rating for a property of this vintage.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8050, living area = 1780.
The flexible layout with a partially finished basement and a proven history of Airbnb rentals offers excellent opportunities for house-hacking or generating significant rental income.
The property features a $30,000 newer roof and a $20,000 kitchen remodel, providing immediate equity and reducing the need for major near-term capital expenditures.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1780, other record living area = 1060. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Despite having four spacious bedrooms, the home only features one full bathroom on the main level, which may create functional challenges for larger households or rental groups.
Built in 1902, the home may require ongoing maintenance and potential updates to aging systems not covered by recent renovations, typical of properties of this vintage.
Treehouse on the hill in the heart of Beacon Hill with territorial views can be yours! This classic Seattle home sits on a generous 8,050 sq ft lot and offers incredible potential for investors or buyers looking to build equity or generate rental income. Featuring 4 spacious bedrooms, 1 full bath on main level and over 1,700 sq ft of living space, including a partially finished basement, this property is full of opportunity. There is room to add a second bathroom or kitchenette in the lower basement with your vision and finishing touches. Recent updates include a $30K newer roof, $20K kitchen remodel, some interior paint, exterior trim & cedar accents creating a clean look while still leaving room to add value. Enjoy a large, fully fenced backyard with a sundeck perfect for entertaining, pets, or gardening—complete with a chicken coop & storage shed for added charm and functionality. With a full-price offer, a 1-year home warranty is included, along with peace of mind from a completed pre-inspection, sewer scope, and recent furnace service. The flexible layout offers excellent income potential—owner-occupy and rent out the basement, or explore short-term rental options. Previously used for Airbnb room rentals, this home has proven income history. Garage space is used as storage or workshop space & there is parking for up to 4 cars on the driveway. Located just minutes from light rail, downtown Seattle, and major routes, this is a rare opportunity you won’t want to miss this!
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 | 1902 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 17, 2026
$615,000
Initial Listing