Listed by Barb Pexa • Keller Williams Rlty Bellevue.
FOR SALE
$450,000
Est. $2,271/mo5 bd•2 ba•1,820 sq ft
12206 1st Avenue S, Seattle, WA 98168
• Listed 2026-06-05•New today
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About this home
Investment opportunity in south Seattle. 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.
Property type
Single Family
Year built
1943
Interior
1,820 sq ft
Lot size
0.1767 acres
Parking
Detached Garage, Off Street
Price / sq ft
$247
HeatingForced Air
CoolingNone
Property taxes$3,700/yr (est.)
Listed by Barb Pexa • Keller Williams Rlty Bellevue
Listing updated: June 5, 2026 at 11:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2527188
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Sat, Jun 6Around this home
Sold comparable homes
5 recent nearby sales, priced between $515K and $1.03M.
Sold Jun 30, 2025
$756,000Last sold price
4 beds2.5 baths1,900 sq ft
10466 2nd Place Sw, Seattle, WA 98146
$398/sq ftsmaller lot72 years newer
Sold Jul 11, 2025
$515,000Last sold price
4 beds1 baths1,500 sq ft
310 Sw 102nd Street, Seattle, WA 98146
$343/sq ft
Sold Aug 28, 2025
$795,000Last sold price
4 beds1.5 baths2,090 sq ft
10444 16th Avenue S, Seattle, WA 98168
$380/sq ftlarger lot12 years newer
RexMont OfferEdge™
How much should you offer?
12206 1st Avenue S, Seattle, WA 98168
List price
$450,000
Down payment
$90,000
Consult a RexMont agent — Contact me now
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Second Kitchen
- Water Heater
- Finished basement
Kitchen
- Refrigerator
- Trash Compactor
Bedrooms
- 5 bedrooms total
Bathrooms
- 2 full bathrooms
Flooring
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerNearby school ratings are temporarily unavailable for this listing. School boundaries can change, so verify the exact assigned schools with the district before purchasing.
Down payment assistance
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$2,692 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
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Get pre-approvedPlan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Lifestyle
4.9/10
Car-Dependent
Most errands require a car
4.6/10
Some bikeability
Minimal bike infrastructure
4.1/10
Some Transit
A few nearby transit options
Provided by Walk Score
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Market pulse
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Buyer's marketSeller's market
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 9 days.
Recent sales nearby
Within 1 mile · last 6 months$400,000 Sold
3 weeks ago
2 bd•2 ba•~1,050 sq ft•Single Family
12200 2nd Avenue S, Seattle, WA 98168
0%
Over list
—
Days on market
0.1 mi
Distance
$730,000 Sold
7 weeks ago
3 bd•1 ba•~1,960 sq ft•Single Family
1027 S 112th Street, Seattle, WA 98168
3%
Under list
—
Days on market
0.9 mi
Distance
$335,000 Sold
8 weeks ago
2 bd•1 ba•~600 sq ft•Single Family
12413 2nd Avenue S, Seattle, WA 98168
16%
Under list
—
Days on market
0.2 mi
Distance
$498,500 Sold
4 months ago
3 bd•1.5 ba•~1,280 sq ft•Single Family
11014 4th Avenue S, Seattle, WA 98168
0%
Under list
—
Days on market
0.8 mi
Distance
$482,000 Sold
5 months ago
1 bd•1 ba•~1,690 sq ft•Single Family
12451 1st Ave S, Seattle, WA 98168
21%
Over list
—
Days on market
0.2 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
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 5, 2026 at 6:46 PM PDT (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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