98118 Homes under $1.25 million

98118 Homes under $1.25 million

Welcome to the vibrant and diverse community of Seattle’s 98118 zip code, a hidden gem nestled in King County, Washington. Known for its rich cultural tapestry and scenic beauty, this area is an ideal destination for homebuyers seeking affordable options without sacrificing quality of life. With a range of homes available for under $1.25 million, 98118 offers a unique opportunity to invest in a flourishing neighborhood that celebrates both its heritage and modernity.

In 98118, you’ll find charming craftsman bungalows, contemporary townhouses, and spacious single-family homes, each reflecting the area's eclectic character. The local real estate market is thriving, providing a variety of choices for families, young professionals, and retirees alike. With prices under $1.25 million, buyers can enjoy the benefits of homeownership while being part of a community that values inclusivity and sustainability.

Beyond the homes, 98118 boasts an array of local amenities. Enjoy the lush parks, including the stunning Seward Park, which offers walking trails, picnic spots, and breathtaking views of Lake Washington. The neighborhood is also home to a vibrant dining scene, featuring everything from cozy cafes to international cuisines, ensuring that there’s something for every palate.

With easy access to public transportation and major highways, commuting to downtown Seattle or exploring the surrounding areas is a breeze. The 98118 zip code is not just a place to live; it’s a community that fosters connections and celebrates diversity. Discover your dream home in this charming Seattle neighborhood today!

Newest 98118 Homes under $1.25 million

4612 47th Avenue S, Seattle
$950,000
3 Beds ⋅ 4 Baths ⋅ 2598714 MLS ⋅ ACTIVE Status
Treehouse living, Columbia City edition. On a terraced lot above Genesee Park, this contemporary home rises three levels into a canopy of big-leaf maples, with a deck on every floor & the park’s playfields spread out below. In fall, the leaves go gold right outside the windows. In summer, they’re your shade. The main floor gathers around a gas fireplace, with oak hardwoods, expansive windows & sliders out to the west-facing deck. A designer-grade brass light fixture hangs over the dining table & the kitchen presents warm rather than white: maple cabinetry, a gas range & a live-edge bar for whoever’s keeping the chef company. A breakfast nook adds a second eating location & more storage. The bedrooms sit highest in the canopy. Twin skylights brighten the landing, vaulted ceilings top all three rooms & the primary opens to its own balcony, with a walk-in closet & a skylit bath with dual vanity & walk-in shower. On the lower level, the daylight family room steps out to a covered deck, with a full bath close by for guests. Heat pump with central A/C, a mini-split downstairs & an attached two-car garage off a quiet dead-end drive. Then there’s the neighborhood. Genesee Park’s off-leash area & turf fields are a short walk, Lake Washington Blvd carries you to Seward Park & Columbia City has Geraldine’s Counter for breakfast, Super Six for dinner & light rail for everything else.

4612 47th Avenue S, Seattle

Listing Broker: Coldwell Banker Bain; Christina McDonald; 206-999-3044; Christina@ChristinaMcDonald.com

7916 Renton Avenue S, Seattle
$649,500
2 Beds ⋅ 1 Baths ⋅ 2599393 MLS ⋅ ACTIVE Status
A lot of the character is original. A lot of the expensive work is done. Built in 1924, this Craftsman has the kind of personality that's increasingly hard to find. Original hardwood floors, coved ceilings, picture rail, and a welcoming living and dining room set the stage. There's a wood-burning FP with Batchelder tile details and original built-ins. The eat-in kitchen keeps the charm, with quartz counters, freshly painted cabinetry, and new appliances. Here's where this home really makes sense: approximately $50,000 in improvements have already taken care of the big-ticket items. New electrical wiring, plumbing, water main, sewer line, and furnace mean you can spend less time worrying about the expensive stuff and more time making the home your own. Fresh interior and exterior paint and new light fixtures add to the appeal. There's more to discover downstairs. The high-ceiling, walk-out basement offers a world of possibilities within the home's approximately 2,000 SF like additional bedrooms and baths, media room, workshop, or future finished living area. An ADU may be worth exploring. Outside, the generous lot (NR3 zoning) offers room for gardening and play, with potential for a DADU (buyer to verify). A garage and substantial off-street parking are welcome bonuses. The Othello light rail station is within walking distance. A home with a century of character, the expensive essentials already addressed, and plenty of opportunity for what's next. An appealing combination.

7916 Renton Avenue S, Seattle

Listing Broker: Windermere RE/Capitol Hill,Inc; Jeff W. Smith; 206-324-8900; jeffsmith@windermere.com

4643 S Othello Street, Seattle
$850,000
5 Beds ⋅ 3 Baths ⋅ 2596169 MLS ⋅ ACTIVE Status
Exceptional Opportunity! Spacious 5-Bedroom Home with Dual Kitchens & Income Potential! Discover the possibilities with this versatile 5-bedroom, 3-bathroom home offering space, flexibility, and incredible value! Featuring two kitchens and separate living areas, this property is ideal for multi-generational living, an extended household, or generating potential rental income. Upper Level: Enjoy 3 bedrooms, 2 full bathrooms, a well-appointed kitchen, and inviting living and dining areas. Step out from the dining area onto the deck overlooking the backyard—perfect for relaxing or entertaining. Lower Level: With its own separate entrance, the lower level offers 2 bedrooms, 1 full bathroom, a kitchen with an eating area, a comfortable living space, and an additional bonus room—providing endless possibilities for guests, or potential rental use. More to Love: Ample parking in the back adds everyday convenience, while the prime location puts you just minutes from downtown Seattle and Renton, and only 3 blocks from the light rail station for easy commuting. Live Upstairs, Rent Downstairs, or Bring Everyone Together! Whether you're looking for a home that accommodates multiple generations or an opportunity to explore additional income potential, this property offers flexibility to fit your lifestyle. Don't miss this fantastic opportunity to own a spacious, versatile home in a convenient location at a great value!

4643 S Othello Street, Seattle

Listing Broker: Pacific Residential Brokers; Tom O'Brien; 253-988-0080; tom@paccombrokers.com

8704 42nd Avenue S, Seattle
$615,000
3 Beds ⋅ 4 Baths ⋅ 2596925 MLS ⋅ ACTIVE Status
Modern Living, Flexible Living, and Exceptional Investment Potential! Built in 2017, this beautifully maintained 3-bedroom, 3.5-bath townhome offers approximately 1,500 sq. ft. of contemporary living in one of South Seattle's most convenient and rapidly growing neighborhoods. Designed for today's lifestyle, this home features soaring 9-foot ceilings, abundant natural light, luxury vinyl plank flooring, custom trim work, and stylish finishes throughout. The open-concept main level is perfect for entertaining, showcasing a chef-inspired kitchen with quartz countertops, a large center island, soft-close cabinetry, premium stainless-steel appliances, and generous storage. Upstairs, two spacious bedroom suites provide comfort and privacy, including a beautiful primary bath. Energy-efficient ductless mini-split heating and cooling ensure year-round comfort. What truly sets this home apart is the highly versatile lower level, featuring its own private exterior entrance, bedroom, bathroom, kitchenette, and second washer/dryer hookup. Ideal for multigenerational living, guests, a home office, or potential rental income, (AirBnB/ADU build out) this flexible space offers a rare opportunity for house hacking or short-term rental potential, helping offset mortgage costs while maximizing value. Whether you're seeking a primary residence, house-hacking opportunity, or a smart addition to your investment portfolio, this exceptional home checks every box.

8704 42nd Avenue S, Seattle

Listing Broker: Coldwell Banker Bain; Zahra Bazgir; 206-710-8970; zahra.bazgir@cbrealty.com

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