8742 3rd Avenue NW, Seattle, WA 98117, Seattle, 98117 - 4 bed, 2 bath
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Seattle, WA 98117
This Turnkey Greenwood Rambler represents a High-Potential Investment Opportunity, listed at $929,500—positioned slightly above the $920,893 Fair Market Value. While priced at market, the property offers significant long-term upside through its permit-approved 1,015 sq ft DADU and 2022 Remodel status. With an Excellent Condition Rating, this home provides immediate stability and rental income potential via the shovel-ready development plan. This unique asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage North Seattle’s high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8742 3rd Avenue NW Subject | $929,500* List Price | 4 | 2 | 1,510 | $610 | - |
A 9526 7th Avenue NW Active | $964,000 List Price | 4 | 3 | 1,640 | $588 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive remodel in 2022 (less than 5 years ago), featuring a modern kitchen with stainless steel appliances, updated bathrooms, a new roof, and a new water heater. It is in mint, move-in-ready condition.
The property features permit-approved, shovel-ready plans for a 1,015 sq ft two-story DADU with alley access, providing a rare opportunity for immediate rental income or multi-generational living.
Extensively remodeled in 2022 and pre-inspected, the home includes a new roof, new water heater, and fresh interior/exterior paint, ensuring a move-in-ready experience with minimized maintenance concerns.
Situated in a highly desirable North Seattle neighborhood, the home offers excellent walkability and proximity to vibrant shops, restaurants, parks, and major transit routes.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At a list price of $929,500 for 1,510 square feet, the cost per square foot is relatively high for the area, placing a heavy premium on the future DADU potential.
Despite the 2022 updates, the original 1976 construction may lack the architectural character of Seattle's classic Craftsman homes or the advanced energy efficiency of modern new builds.
Updated and Pre-inspected Greenwood rambler with modern upgrades and rare income-producing potential! This 4 bed, 2 bath home was remodeled in 2022 and offers a bright, functional layout with recent interior and exterior paint, new roof, and new water heater. Move-in ready with comfortable living spaces and flexible floorplan. A standout feature is the permit-approved, shovel-ready 1,015 sq ft two-story DADU, offering excellent potential for rental income, multi-generational living, or future expansion. Alley access provides convenient and private entry for the future DADU. Seller may offer discounted construction services, helping bring your DADU project to life with potential cost savings. Located in the vibrant Greenwood neighborhood close to parks, shops, restaurants, transit, and major commuter routes. Turnkey home with built-in development upside—rare opportunity in North Seattle!
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 | 1976 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 15, 2026
$929,500
Initial Listing