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← Back to search results/Seattle, WA/12346 1st Avenue Ne
1 / 1312 HOURS ON MARKET
Listed by Nicole McCormick • COMPASS.
FOR SALE

$499,500

Est. $2,734/mo

2 bd•1 ba•820 sq ft

12346 1st Avenue Ne, Seattle, WA 98125

• Listed Oct 1, 2026•New today

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★★★★★5.0·1,243 Google reviews

Listing Broker: COMPASS; Nicole McCormick; 206-321-8737; nicole.mccormick@compass.com

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Listing Broker: COMPASS; Nicole McCormick; 206-321-8737; nicole.mccormick@compass.com

About this home

Opportunity awaits in desirable Haller Lake on a level 6,380 SQFT lot zoned NR2 (per KCR), with circular drive and alley access. This 1940 cinder block home offers classic character, a spacious layout and plenty of potential for its next chapter. Renovate and make it your own, hold as a long-term rental, or explore the possibilities as a value-add investment. Recent improvements include a brand-new water supply line, newer furnace and hot water heater, plus an outbuilding offering additional storage or workspace. Conveniently located near Northgate, Link Light Rail, shopping, dining, parks, I-5, Highway 99 and additional transit options. Bring your vision and unlock the potential of this well-located property. Sold as-is. Buyer to verify all information and future development potential to their satisfaction.

Property type
Single Family
Year built
1940
Interior
820 sq ft
Lot size
0.1465 acres
Parking
Off Street
Price / sq ft
$609
HeatingForced Air
CoolingNone
Property taxes$6,155/yr (est.)
School districtSeattle

Listed by Nicole McCormick • COMPASS

Listing updated: October 1, 2026 at 10:42am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2588859

Open houses

No upcoming open houses scheduled for this property.

Around this home

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12346 1st Avenue Ne, Seattle, WA 98125

List price
$499,500
Down payment
$99,900

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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

  • Fireplace
  • Water Heater
  • Fireplace (wood burning)
  • Roughed In basement

Kitchen

  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 2 bedrooms total

Bathrooms

  • 1 full bathroom

Flooring

  • Hardwood
  • Vinyl

Heating & cooling

  • Forced Air heating
  • None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

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.

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.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$3,372 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: COMPASS; Nicole McCormick; 206-321-8737; nicole.mccormick@compass.com

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: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 42 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $805,000 Sold

    2 weeks ago

    2 bd•2.25 ba•~2,640 sq ft•Single Family

    125 Ne 135th Street, Seattle, WA 98125

    1%

    Over list

    81

    Days on market

    0.5 mi

    Distance

  • $899,000 Sold

    2 weeks ago

    3 bd•1.75 ba•~2,150 sq ft•Single Family

    11516 8th Avenue Ne, Seattle, WA 98125

    0%

    Over list

    53

    Days on market

    0.6 mi

    Distance

  • $790,000 Sold

    4 weeks ago

    2 bd•1.75 ba•~1,084 sq ft•Single Family

    11326 14th Avenue Ne, Seattle, WA 98125

    1%

    Under list

    53

    Days on market

    0.9 mi

    Distance

  • $560,000 Sold

    5 weeks ago

    3 bd•2 ba•~1,160 sq ft•Single Family

    12317 10th Place Ne #b, Seattle, WA 98125

    3%

    Under list

    133

    Days on market

    0.5 mi

    Distance

  • $939,000 Sold

    6 weeks ago

    4 bd•3 ba•~2,466 sq ft•Single Family

    215 Ne 123rd Street, Seattle, WA 98125

    1%

    Under list

    43

    Days on market

    0.1 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 1, 2026 at 10:42am (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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