8903 3rd Avenue NW, Seattle, WA 98117, Seattle, 98117 - 5 bed, 4 bath
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Seattle, WA 98117
This Craftsman House Hack is a Prime Investment Opportunity, listed at $1,282,500—positioned well below the $1,334,993 Fair Market Value by 3%. This valuation gap offers $52,493 in Instant Equity. Featuring a Mint Condition Rating, this home includes a permitted 2-bedroom ADU, granite kitchen, and new 2025 roof. Its walkable Greenwood location and income-generating potential make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8903 3rd Avenue NW Subject | $1,282,500* List Price | 5 | 4 | 2,460 | $543 | - |
A 7060 Cleopatra Place NW Sold | $1,450,000 | 4 | 4 | 2,504 | $579 | 0.9 mi |
B 842 NW 97th Street Sold | $998,800 | 4 | 2 | 2,120 | $471 | 0.6 mi |
C 9757 2nd Avenue NW Sold | $1,100,000 | 3 | 3 | 1,960 | $561 | 0.5 mi |
D 1471 NW 77th Street Sold | $1,230,000 | 4 | 3 | 2,410 | $510 | 0.9 mi |
E 9526 7th Avenue NW Sold | $970,000 | 4 | 3 | 1,640 | $591 | 0.4 mi |
F 9545 2nd Avenue NW Active | $1,295,000 List Price | 6 | 3 | 2,864 | $452 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in mint condition with significant recent capital improvements including a new roof (2025), exterior paint (2024), and new carpet. The kitchen and bathrooms are fully updated with high-end finishes like granite and cherry cabinets. Additionally, the home features a permitted ADU and a newer detached garage (2012), meeting the criteria for a recent comprehensive renovation with no maintenance required.
The fully permitted 2-bedroom lower-level ADU provides significant rental income potential to offset mortgage costs or accommodate multigenerational living.
Situated in the heart of Greenwood, the property boasts high walkability to local restaurants, shopping, and parks, allowing for a car-free lifestyle.
The home features major recent improvements including a new roof, exterior paint, and a modern detached 2-car garage, ensuring lower near-term capital expenditures.
Originally built in 1915, the property may require ongoing vigilance and maintenance typical of vintage homes despite its modern cosmetic updates.
The reliance on shared laundry facilities between the main residence and the ADU may limit privacy and appeal for certain tenant profiles or premium rental rates.
Beautifully updated Craftsman with permitted 2-bedroom ADU in the heart of Greenwood! Leave the car at home and enjoy restaurants, shopping, parks, and everything this vibrant neighborhood has to offer. This 4-bedroom, 3.25-bath home blends timeless character with modern updates, featuring period coved ceilings, gleaming hardwood floors, spacious living and dining rooms, and an updated kitchen with granite countertops, stainless steel appliances, tile floors, and cherry cabinets. Escape to the private upstairs primary suite with a soaking tub, separate shower, and custom walk-in closet. The fully permitted lower-level ADU offers a private entrance, 2 bedrooms, ¾ bath, and excellent income potential—ideal for rental income, multigenerational living, or guests. Let your tenant help offset your monthly mortgage while building equity! Shared laundry is accessible from both units, and the main-floor pantry is plumbed for stackable laundry for added flexibility. Tons of storage throughout. Updates include new fence and patio (May 2024), exterior paint (Aug. 2024), new carpet in main living areas, and new roof (Dec. 2025). Enjoy the fully fenced yard with room to garden and entertain, plus a detached 2-car garage (built 2012), RV parking, all plumbed for solar panel system.
No exterior & parking available.
No sensitive facilities data found.
Jul 15, 2026
$1,282,500
Initial Listing