Sold305d on market
5221 38th Avenue SW
Seattle, WA, 98126 • Fairmount Park • King County
$1,365,000
$416/sqft
8Beds
4Baths
3,280Sqft
0.15 acLot
1954Built
Property DNA
Fairmount
Fairmount Park
This home is getting attention
Listed 305 days ago · 5 views
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
305 days on market
Established listing
$416/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 18% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1954
Excellent investment opportunity located on a quiet, dead-end street near Alaska & Morgan Junction amenities, Fairmount Park, & w/easy access to the West Seattle bridge. This well-maintained 4-plex includes 2 bed, 1 bath end-units approx 820 SF, all w/good natural light, functional layouts, a small deck or yard, & in-unit W/D. Enjoy solid income w/the ability to improve operations, renovate on turnover, or potential to owner-occupy. Find an attached 2-car garage & sizable storage areas + an additional 6-8~ tandem parking off the alley. The 6,545 SF street-to-alley LR2(M) lot provides future development potential. Recent improvements include exterior paint & reglazing 36 windows. This is a flexible asset w/ multiple investment strategies.
Standout features identified
Our analysis highlights good natural light, small deck or yard, and functional layouts as key attractions of this home.
Estimated monthly payment
Based on current rates
$8,500/month
Principal & Interest$6,680
Property Tax$1,365
Insurance$455
Down payment20% ($273,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,092,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1954
HeatingBaseboard, Electric
CoolingNone
Parking2 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1954
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerCompany: Seattle Public Utilities / Sewer Connected, Company: Seattle Public Utilities
Parking & Outdoor
ParkingOpen
Lot6,547 sqft
Location & Tax
NeighborhoodFairmount Park
Annual tax$11,884
Parcel3259400055
Features & details
6 categories of property features
Interior Features
Flooring
Vinyl
Vinyl Plank
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Siding
Lot Features
Curbs
Dead End Street
Paved
Sidewalk
Value In Land
Listing insights
Market data and value estimates
StatusSold
Days on market305
Est. value$1,433,500
Est. rent$2,593/mo
Tax rate0.82%
Price/sqft$416
On marketJun 28, 2025
PostedApr 30, 2025
Last sold$1,365,000
MLS statusSold
MLS updatedJul 7, 2025
Tour days6
Views5
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98126
Price history
19 events
DateEventPrice$/sqftSource
Jun 6, 2025Sold$1,365,000$416NWMLS as distributed by MLS GRID
May 8, 2025Pending Sale$1,375,000$419NWMLS as distributed by MLS GRID
Apr 30, 2025Listed For Sale$1,375,000$419NWMLS as distributed by MLS GRID
Feb 17, 2025Listing Removed$2,339$1Zillow Rentals
Feb 8, 2025Listed For Rent$2,339$1Zillow Rentals
Oct 28, 2021Listing Removed——Zillow Rental Manager
Oct 15, 2021Price Change$1,750$1Zillow Rental Manager
Sep 28, 2021Price Change$1,875$1Zillow Rental Manager
Sep 25, 2021Price Change$1,975$1Zillow Rental Manager
Sep 14, 2021Price Change$2,050$1Zillow Rental Manager
Sep 9, 2021Price Change$2,150$1Zillow Rental Manager
Aug 17, 2021Listed For Rent$2,250$1Zillow Rental Manager
May 11, 2018Sold$1,300,000$396NWMLS as distributed by MLS GRID
Mar 18, 2018Pending Sale$1,350,000$412West Seattle Realty
Mar 14, 2018Listed For Sale$1,350,000$412West Seattle Realty
Mar 8, 2010Sold$581,000$177NWMLS as distributed by MLS GRID
May 2, 2008Listing Removed$719,000$219Real Property Associates (RPA)
Apr 30, 2008Listed For Sale$719,000$219Real Property Associates (RPA)
Jan 6, 2006Sold$540,000$165Public Record
Sold$1,365,000
Jun 6, 2025•$416/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,375,000
May 8, 2025•$419/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,375,000
Apr 30, 2025•$419/sqft•NWMLS as distributed by MLS GRID
Listing Removed$2,339
Feb 17, 2025•$1/sqft•Zillow Rentals
Listed For Rent$2,339
Feb 8, 2025•$1/sqft•Zillow Rentals
Listing Removed—
Oct 28, 2021•Zillow Rental Manager
Price Change$1,750
Oct 15, 2021•$1/sqft•Zillow Rental Manager
Price Change$1,875
Sep 28, 2021•$1/sqft•Zillow Rental Manager
Price Change$1,975
Sep 25, 2021•$1/sqft•Zillow Rental Manager
Price Change$2,050
Sep 14, 2021•$1/sqft•Zillow Rental Manager
Price Change$2,150
Sep 9, 2021•$1/sqft•Zillow Rental Manager
Listed For Rent$2,250
Aug 17, 2021•$1/sqft•Zillow Rental Manager
Sold$1,300,000
May 11, 2018•$396/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,350,000
Mar 18, 2018•$412/sqft•West Seattle Realty
Listed For Sale$1,350,000
Mar 14, 2018•$412/sqft•West Seattle Realty
Sold$581,000
Mar 8, 2010•$177/sqft•NWMLS as distributed by MLS GRID
Listing Removed$719,000
May 2, 2008•$219/sqft•Real Property Associates (RPA)
Listed For Sale$719,000
Apr 30, 2008•$219/sqft•Real Property Associates (RPA)
Sold$540,000
Jan 6, 2006•$165/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$11,884$1,160,000
Apr 8, 2023$12,705$1,280,000
Apr 8, 2022$10,583$1,174,000
Apr 8, 2021$10,997$1,133,000
Apr 8, 2020$12,697$1,264,000
Apr 8, 2019$12,706$1,283,000
Apr 8, 2018$9,201$1,014,000
Apr 8, 2017$8,887$851,000
Apr 8, 2016$5,522$752,000
Apr 8, 2015$5,522$615,000
Apr 8, 2014$5,522$534,000
Apr 8, 2013$5,522$513,000
Apr 8, 2012—$590,000
Apr 8, 2011—$590,000
Apr 8, 2010—$603,100
Apr 8, 2009—$603,100
Apr 8, 2007—$544,000
Apr 8, 2006—$370,000
Apr 8, 2005—$351,000
Apr 8, 2001$3,267$274,000
Apr 8, 2000$2,774$220,000
Nearby homes
Neighborhood details
Local context around this listing
Seattle, WA • King County
Nearby neighborhoods
AdamsCapitol HillFirst HillFremontGreenwoodMagnoliaMinorRavennaUniversity DistrictWallingford
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040981039810598109981159811798118981229812598133
Based on information submitted to the MLS GRID as of 2026-04-07 19:48:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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