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Listing provided courtesy of Keller Williams Rlty BellevueNWMLSMLS# NWM2480144MLS Provider
  • 7 views

Investment opportunity in south Seattle. TWO PARCELS. Zoned MU2. Large home with 5 bedrooms is currently a rental and tenants would like to stay. Keep tenants in place while you finish up your planning and developing. Seller planned to build but life changed. Site plans were finished and demo permit was issued.You could also update the main house and keep the lower level as a rental to generate additional income and offset your mortgage. Main level has two bedrooms and one bathroom. Lower level has 3 bedrooms and a bathroom. House is set back from the road behind mature laurel hedges. Close to SEATAC and easy access to HWY509.

Source: NWMLS, MLS#: NWM2480144

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  • Property Type
    Residential
  • Lot
    0.29 acres

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  • Median Age
    36
  • Population Density
    3,669
  • College Educated
    32%
  • Estimated Median Income
    $66,237
  • Estimated Total Home Owners
    6,074
  • Estimated Total Renters
    5,390
  • Owner / Renter Divide
    53% / 47%
  • Estimated Average Household Size
    3
  • Total Population
    33,217
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 12206 1st Avenue S

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/11/2026Source: NWMLS Status Change
Pending
6/11/2026Source: NWMLS Status Change
Pending
6/11/2026Source: NWMLS Status Change
Pending
6/11/2026Source: NWMLS Status Change
Pending
6/5/2026Source: NWMLS Added to Database
June 05, 2026
6/5/2026Source: NWMLS Added to Database
June 05, 2026
6/1/2026Source: NWMLS Price Reduction
$550,000 -5.2%
6/1/2026Source: NWMLS Price Reduction
$550,000 -5.2%
5/20/2026Source: NWMLS Price Reduction
$580,000 -3.3%
5/20/2026Source: NWMLS Price Reduction
$580,000 -3.3%
4/29/2026Source: NWMLS Price Reduction
$599,999 -7.7%
4/29/2026Source: NWMLS Price Reduction
$599,999 -7.7%
3/20/2026Source: NWMLS Price Reduction
$650,000 -5.8%
3/20/2026Source: NWMLS Price Reduction
$650,000 -5.8%
2/18/2026Source: NWMLS Added to Database
February 18, 2026
2/18/2026Source: NWMLS Added to Database
February 18, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021