5338 15th Ave S, Seattle, WA 98108

Studio, 2 baths, 1,500 sqft
For Sale
$1,160,000
Zestimate®: $675,982
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Fantastic Investment opportunity on Beacon Hill! Large 12,000 Sq Ft corner lot. Zoned commercial and multi-family apartment use (NCl-30 code). Current structure is 5288 Sq Ft. Seller had engineering drawing approved in 2008 and was permit ready for additional 4800 Sq Ft additions for 8 more apartment units. Due to the down economy, permits were never pursued. Vacant lot in front of building can also be built into 6 more apartment homes. Hurry! This rare find will not last!
Facts
  • Lot: 0.28 acres
  • Single Family
  • Built in 1971
  • 50 days on Zillow
  • Heating: Forced air
  • Price/sqft: $773
  • MLS #: 661533
Features
  • Controlled Access
  • Deck
  • Flooring: Hardwood
  • Gated Entry
  • Parking: Off street, 18 spaces
  • Patio
  • Storage
  • Transportation
  • Wired
Additional Features
  • Guest parking, Living room
Appliances Included
  • Dishwasher
  • Range / Oven
  • Refrigerator
  • Washer
Room Types
  • Dining room
  • Master bath
  • Walk-in closet
Construction
  • Exterior material: Stucco
Other
  • Floor size: 1,500 sqft
  • Heating: Electric
  • Laundry: In Unit
  • Pets: No
  • Unit floor #: 2
  • Zillow Home ID: 2113510460
Home Values
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$675,982
+$0 Last 30 daysd
$615K
$757K
Zestimate range
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,259/mo
+$100 Last 30 daysd
$1.4K
$2.9K
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Neighborhood for 5338 15th Avenue S

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Zillow predicts Beacon Hill home values will increase 6.6% next year, compared to a 5.4% increase for Seattle as a whole. Among Beacon Hill homes, this home is 222.4% more expensive than the midpoint (median) home, and is priced 243.6% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Beacon Hill market, the number of foreclosures waiting to be sold shrank 22.1% in the last year. The number of unsold foreclosures is 24% lower than in Seattle, and 43.3% less than the national average. This lower local number could help Beacon Hill home values rise more quickly than other regions in Seattle.

Learn more about forecast calculations or Beacon Hill home values.
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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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