
Seattle, WA 98118
This property presents a High-Potential Investment Opportunity with a List Price of $325,000, which aligns with the $325,000 Fair Market Value. While the home maintains a Fair Condition Rating (4/10) and requires cosmetic updates, its LR2 Zoning and Zero HOA Dues status provide significant long-term value. The unit offers a private, detached-living feel with off-street parking, making it a versatile asset. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to enter the Seattle market with significant development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9624 Renton Avenue S #A Subject 2 bd · 1 ba · 770 sqft · $422 | $325,000* List Price | 2 | 1 | 770 | $422 | - |
A 9626 Renton Avenue S B Active 2 bd · 1 ba · 770 sqft · $422 · 0.0 mi | $325,000 List Price | 2 | 1 | 770 | $422 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the property is functional but dated. The kitchen features older green tile countertops and painted cabinetry, while the bathroom has a newer vanity but an older fiberglass tub surround. Visible electric wall heaters suggest older systems, and the overall interior requires cosmetic updates to meet modern standards.
A rare find in the Seattle condo market, the absence of monthly HOA fees significantly lowers the total cost of ownership and increases the buyer's purchasing power.
The LR2 zoning designation provides exceptional long-term value, offering the potential for future high-density redevelopment in a growing urban corridor.
Sharing only one wall and featuring a private entrance with off-street parking, this unit offers a detached-living feel that is superior to traditional apartment-style condominiums.
The property is zoned for schools with lower performance ratings, including Rainier Beach High and Emerson Elementary, which may limit appeal for education-focused families.
At 770 square feet and dating back to 1955, the small interior space and older construction may require strategic updates to meet the needs of modern lifestyles.
Charming & Rare No-HOA Condo! This 2-bedroom, 1-bath, 770 sqft attached condo offers the perfect blend of privacy and convenience, sharing just one wall and featuring NO HOA dues. Inside, you'll find a cozy fireplace to keep you warm on chilly nights, a bright and open layout with plenty of natural light, a functional kitchen with ample cabinet space, and spacious bedrooms with generous storage. Off-street parking adds to the convenience, and the location provides easy access to shops, dining, parks, and transit. Plus, with LR2 zoning, this property offers exciting future development potential. Whether you're a first-time homebuyer or looking to downsize, this is an incredible opportunity you won’t want to miss! Schedule your showing today!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 770 | 1,048.033 |
| Lot Size | 9,354 | 1,930.425 |
| Price | $325.0K | $548.3K |
| Price per sq ft | $422 | $551 |
| Built year | 1955 | 1997 |
| HOA | $0 | $317 |
| Days on market | 60 | 63 |
Aug 25, 2026
$325,000
Initial Listing