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Listed by Devon Kruse • Windermere Real Estate Co..Some photos are virtually staged
FOR SALE

$997,500

Est. $5,460/mo

4 bd•1.75 ba•1,940 sq ft

368 NW 48th Street, Seattle, WA 98107

• Listed Oct 8, 2026•15 days active · 15 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Windermere Real Estate Co.; Devon Kruse; 425-681-9347; dkruse@windermere.com

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Listing Broker: Windermere Real Estate Co.; Devon Kruse; 425-681-9347; dkruse@windermere.com

About this home

Situated in a charming pocket of Ballard, just moments from the energy of Fremont and Phinney, this beautifully updated bungalow invites you to slow down, settle in, and enjoy the best of Seattle living. Set on a wonderfully private corner lot beneath the lush canopy of an iconic willow tree, this home blends timeless character with thoughtful updates designed for modern life. The main level offers a sun-drenched living room with SW windows, anchored by an updated kitchen with quartz countertops, a gas range, and a built-in dining bench—the perfect spot for morning coffee or a cozy dinner. Two generously sized bedrooms and a full bath complete the main floor, while the upper level offers flexible additional space for a home office, guest room, creative studio, or easy storage. Downstairs, a versatile lower level opens the door to endless possibilities, whether envisioned for multi-generational living, a guest retreat, an income-producing space, or simply an expansive area for entertaining and everyday enjoyment. Outside, the level, fully fenced yard is a true urban oasis. There's room for backyard barbecues, gardening, games, gatherings, and quiet afternoons beneath the trees. The spacious detached garage offers abundant storage, with a second level that adds even more flexibility—and potential for a future DADU? (buyer to verify). Parks, dining, breweries, & many local businesses that make this part of Seattle so special. A home with character, flexibility, & room to grow!

Property type
Single Family
Year built
1944
Interior
1,940 sq ft
Lot size
0.1113 acres
Parking
1-car garage
Price / sq ft
$514
HeatingForced Air
CoolingNone
Property taxes$10,507.8/yr (est.)
School districtSeattle

Listed by Devon Kruse • Windermere Real Estate Co.

Listing updated: October 8, 2026 at 06:42am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2592085

Around this home

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368 NW 48th Street, Seattle, WA 98107

List price
$997,500
Down payment
$199,500

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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

  • Second Kitchen
  • Dbl Pane/Storm Window
  • Water Heater
  • Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Double Oven
  • Dryer
  • Microwave
  • Refrigerator
  • Washer

Bedrooms

  • 4 bedrooms total
  • 2 on the main level
  • 1 upstairs
  • 1 on the lower level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 1 1/2 Stry w/Bsmt
  • 1,940 sq ft finished

Flooring

  • Ceramic Tile
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Vegetation
Garden Space
Faces
South
Bus route
40, 28

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Electric
Water heater location
Basement
Power company
Seattle City Light
Water company
SPU
Sewer company
SPU
Gas company
PSE
Garbage service
SPU
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
2

New construction

Square footage source
Realist
Lot size source
Realist

Manufactured home

Land lease
No

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

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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

$6,585 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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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: Windermere Real Estate Co.; Devon Kruse; 425-681-9347; dkruse@windermere.com

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

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

  • Time on market: The average home goes pending in around 61 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,099,950 Sold

    6 days ago

    4 bd•2.75 ba•~2,191 sq ft•Single Family

    5716 14th Avenue NW, Seattle, WA 98107

    0%

    Over list

    71

    Days on market

    0.7 mi

    Distance

  • $2,250,000 Sold

    6 days ago

    5 bd•3.75 ba•~3,400 sq ft•Single Family

    5822 7th Avenue NW, Seattle, WA 98107

    0%

    Over list

    22

    Days on market

    0.5 mi

    Distance

  • $800,000 Sold

    1 week ago

    3 bd•3 ba•~1,460 sq ft•Single Family

    1414 NW 60th Street #A, Seattle, WA 98107

    2%

    Over list

    37

    Days on market

    0.8 mi

    Distance

  • $765,000 Sold

    1 week ago

    4 bd•2.5 ba•~1,470 sq ft•Single Family

    623 NW Market Street, Seattle, WA 98107

    1%

    Under list

    83

    Days on market

    0.3 mi

    Distance

  • $698,000 Sold

    1 week ago

    2 bd•1.5 ba•~1,300 sq ft•Single Family

    112 NW 44th Street, Seattle, WA 98107

    0%

    Over list

    67

    Days on market

    0.4 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 8, 2026 at 06:42am (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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