$370,000
Listed at $400,0003 bd•1 ba•1,480 sq ft
5523 S Leo Street, Seattle, WA 98178
• Listed 2025-06-05
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Based on information submitted to the MLS GRID as of August 22, 2025 at 04:01am (date and time MLS GRID Data was obtained). 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.
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Investor Alert: Exceptional Opportunity in Prime South Seattle Location! Unlock the potential of this 3 bdrm, 1-bath home situated on a 7,200 SF lot, zoned NR2—offering flexible options for investors, developers, or savvy buyers. Take advantage of the zoning and lot size to tear down and build new. The backyard is graced with mature rhododendrons. Located just minutes from the expanding Light Rail line, this property is ideally positioned for future growth and rising demand. Enjoy quick access to Kubota Gardens, Lake Washington, shopping, dining, and transit. Whether you're looking to fix & flip, buy & hold, or pursue new build, this property offers the location, lot size, & zoning to support a strong return on investment. Don’t miss out!
Listed by Ken Crotts • eXp Realty
Listing updated: August 22, 2025 at 04:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2372981
Open houses
No upcoming open houses scheduled for this property.
$571,000
+$201,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $370K and $680K.
Rental earnings
$1,725/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$370,000Last sold price
5523 S Leo Street, Seattle, WA 98178
$470,000Last sold price
11110 Beacon Avenue S, Seattle, WA 98178
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 8 days.
$360,000 Sold
6 days ago
2 bd•1 ba
7033 S 116th Place, Seattle, WA 98178
15%
Under list
—
Days on market
0.9 mi
Distance
$680,000 Sold
1 week ago
4 bd•2 ba•~2,184 sq ft•Single Family
5162 S Wallace Street, Seattle, WA 98178
3%
Under list
—
Days on market
0.4 mi
Distance
$699,999 Sold
4 weeks ago
4 bd•1 ba•~2,190 sq ft•Single Family
6024 S 127th Place, Seattle, WA 98178
0%
Over list
—
Days on market
0.9 mi
Distance
$655,000 Sold
7 weeks ago
4 bd•2 ba•~1,940 sq ft•Single Family
12041 S 56th Place, Seattle, WA 98178
1%
Over list
—
Days on market
0.5 mi
Distance
$825,000 Sold
2 months ago
4 bd•1 ba•~2,210 sq ft•Single Family
10230 62nd Avenue S, Seattle, WA 98178
3%
Under list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Seattle School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
