8626 21st Avenue NW, Seattle, WA 98117, Seattle, 98117 - 3 bed, 2 bath
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Seattle, WA 98117
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $965,000—positioned well below the $979,111 Fair Market Value by 1%. This valuation gap offers $14,111 in Instant Equity. Featuring a Condition Rating of 4, the home includes a new roof (2026) and updated electrical, providing a solid foundation for cosmetic modernization. Located in the desirable Olympic Manor near top-rated schools, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8626 21st Avenue NW Subject | $965,000* List Price | 3 | 2 | 1,340 | $731 | - |
A 7559 14th Avenue NW Sold | $1,002,499 | 3 | 2 | 1,520 | $660 | 0.6 mi |
B 7313 25th Avenue NW Sold | $1,185,000 | 4 | 2 | 1,700 | $697 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1954 build with a significantly dated interior, including popcorn ceilings and older finishes in the bathrooms and living areas. While the age exceeds 50 years, it avoids a lower rating due to critical system updates including a new roof (2026), new water heater (2024), and an updated electrical panel, making it functional but in need of cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7804, living area = 1340.
Situated in the highly desirable Olympic Manor neighborhood, the property offers proximity to Golden Gardens Park and Ballard Locks, while being served by top-rated schools including North Beach Elementary and Whitman Middle.
The home features significant recent upgrades including a new roof (2026), a new water heater (2024), and an updated electrical panel, reducing immediate maintenance concerns for the buyer.
The property is marketed as needing a 'vision' for updates, indicating that the interior finishes are likely original or dated and will require additional investment to meet modern standards.
At 1,340 square feet with a single-car garage, the home may feel undersized for buyers looking for more expansive living spaces or additional storage typical of higher price points in Seattle.
Solid Rambler with good bones, Ready for your vision. Excellent opportunity to update and add value. hardwood floors in living room and all Three bedrooms. Primary bedroom with full bathroom. slider off dining area leads to covered patio and large private backyard. big living room with a fireplace. New roof in 2026, new water heater in 2024. Updated electrical panel and Plumbing. desirable Olympic manor neighborhood.1 car garage with good storage. has space for 3rd bathroom. Excellent location, minutes to Downtown, easy access to I-5, close to Shilshole bay, Golden garden beach, Ballard locks, shopping and Restaurants.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
Jul 8, 2026
$965,000
Initial Listing