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6635 Carleton Avenue S, Seattle, WA, 98108

4beds
4baths
2,910sqft
$1,399,000
$481price/sqft
$8,732/moest. monthly cost
$349,280/yrincome needed

About This Home

The property includes one non-conforming studio unit, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. All units were renovated approximately five years ago, featuring hard-surface flooring, updated kitchens, fresh paint, and modern fixtures throughout. The current owner has maintained the property with great care, and it benefits from mature landscaping that enhances its overall appeal. The property currently operates at a 4.6% cap rate, with potential upside through rent increases and the addition of storage income. This offering represents a rare chance to acquire a well-maintained, stabilized asset in the heart of Georgetown.

Getting Around

65
WalkingSomewhat Walkable
50
TransitGood Transit
86
BikeVery Bikeable

Schools

5/10
8/10
Mercer Middle SchoolGrades 6-81.5 mi
4/10
Franklin High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1908

Materials

  • Roof: Built-Up
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: 4-Plex
  • Property subType: Quadruplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 2,910
  • Total interior livable area: 2,910 sqft

Property

Details

  • Parcel number: 2734100190
  • Zoning description: Multi-Family
  • Special condition: Standard

Lot

  • Lot size: 3,049 sqft
  • Features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,074$84,888
Home Insurance *$251$3,012
Property Taxes $1,208$14,496
Electricity $199$2,388
Total$8,732$104,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$299,382/yr
40% on housing$261,960/yr
45% on housing$232,853/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$481This listing

vs Other Active Listings

Avg $/sqft

ZIP 98108$313
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98108$410
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-25Price change$1,399,000
2024-06-28Pending sale$1,045,000
2024-06-27Sold$1,045,000
2024-05-09Listed for sale$1,045,000
2020-01-31Sold$816,050
2019-11-02Listing removed$849,000
2019-08-08Price change$849,000
2019-06-07Listed for sale$995,000
1998-10-23Sold$130,000

For Sale by Agent

AgentAmir Rashidi
BrokerageSkyline Properties, Inc.

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