
Seattle, WA 98118
This property represents a High-Potential Investment Opportunity, listed at a List Price of $350,000, which aligns with the $350,000 Fair Market Value. Featuring LR2 Zoning and No HOA Dues, this asset provides significant long-term development upside. While the unit maintains a Condition Rating of 4, indicating a need for cosmetic modernization, its functional layout and off-street parking offer immediate utility. This property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a transit-accessible Seattle location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9626 Renton Avenue S B Subject | $350,000* List Price | 2 | 1 | 770 | $455 | - |
A 9624 Renton Avenue S A Active | $350,000 List Price | 2 | 1 | 770 | $455 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this property is significantly dated with a bathroom and kitchen that appear to be 20-30+ years old. While the unit is functional and move-in ready, the presence of older wall heaters and dated tile/fixtures indicates a need for cosmetic updates and system modernizations.
The absence of monthly association fees significantly reduces the total cost of ownership and increases monthly purchasing power, a rare and highly desirable feature for Seattle condos.
The LR2 zoning provides significant future development upside, making this property an attractive long-term investment for buyers looking beyond simple residential use.
Sharing only one wall and featuring a private, functional layout with off-street parking, this unit offers a level of autonomy and quietude typically found in single-family homes rather than condos.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9354, other record lot size in square feet = 12313.
At just 770 square feet, the compact living space may be a constraint for growing families or those requiring additional room for a home office or storage.
The property is served by local schools with lower performance ratings, such as Rainier Beach High School (2/10), which may deter family-oriented buyers and impact future resale value.
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 • 0.4 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 | 1,034.227 |
| Lot Size | 9,354 | 2,208.034 |
| Price | $350.0K | $552.8K |
| Price per sq ft | $455 | $559 |
| Built year | 1955 | 1997 |
| HOA | $0 | $311 |
| Days on market | 21 | 63 |
Aug 19, 2026
$350,000
Initial Listing