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1537 15th Avenue S, Seattle, WA, 98144

4beds
2baths
1,680sqft
$700,000
$417price/sqft
$4,391/moest. monthly cost
$175,640/yrincome needed

About This Home

Perched above the street for added privacy, this legal duplex features two carports and exceptional versatility. Each unit is accessed by its own private stairway and offers a bright, comfortable layout with two bedrooms and one bathroom, filled with natural light. The property also includes a coin-operated washer and dryer for tenant convenience and an additional income opportunity for the owner. It provides quick access to public transit for easy commutes to downtown or the Eastside. Conveniently located near schools, parks, I-5, and I-90, this property presents a unique opportunity to live in one unit and rent the other, rent both as a strong investment property, or explore future development potential. Current rents total $3,300 per month. Both units have maintained a 100% occupancy rate for years, making it a solid cash-generating property. A street appraisal of the exterior is acceptable; however, please do not disturb the occupants.

Getting Around

66
WalkingSomewhat Walkable
80
TransitExcellent Transit
70
BikeVery Bikeable

Schools

7/10
Mercer Middle SchoolGrades 6-81.7 mi
4/10
Franklin High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Average
  • Year built: 1926

Materials

  • Roof: Composition
  • Construction materials: Wood Products

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,680
  • Total interior livable area: 1,680 sqft

Property

Details

  • Parcel number: 7548300115
  • Zoning description: Residential,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 3,001 sqft
  • Features: Curbs,Paved,Sidewalk,Cable TV,Deck
  • Lot size dimensions: 30 x 100

Parking

  • Total spaces: 2
  • Covered spaces: 2
  • Carport spaces: 2

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
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

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 $3,539$42,468
Home Insurance *$137$1,644
Property Taxes $566$6,792
Electricity $149$1,793
Total$4,391$52,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,548/yr
40% on housing$131,730/yr
45% on housing$117,093/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

$417This listing

vs Other Active Listings

Avg $/sqft

ZIP 98144$346
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98144$500
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
2026-03-11Listed for sale$700,000
2023-09-14Listing removed--
2023-07-28Listed for rent$1,520
2023-07-19Listing removed--
2023-07-03Listed for rent$1,800
2022-06-14Listing removed--
2022-06-07Price change$1,700
2022-04-22Listed for rent$1,800
2021-06-12Listing removed--
2021-05-01Listed for rent$1,700
2018-12-04Listing removed$1,400
2018-10-01Listed for rent$1,400
2012-07-04Listing removed$1,195
2012-06-04Listed for rent$1,195
2007-06-28Sold$399,000
2005-08-15Sold$325,000
2003-02-06Sold$225,000
2000-01-04Sold$152,000
1999-03-19Sold$129,800
1995-03-31Sold$102,000

For Sale by Agent

AgentFaranak Saber Jaberi
BrokerageWindermere Real Estate/East

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