5360 S Wallace #A & B

Seattle, WA 98178

  • 3 Bed

  • 1 Bath

  • 2150 SqFt

  • 1 DOM

  • Built: 1911

  • Status: Active

$499,888

X

5360 S Wallace #A & B

Seattle 98178

$499888

  • 3 Bed

  • 1 Bath

  • 2150 SqFt

  • 1 DOM

  • Built: 1911

  • Status: Active

Love this home?

Request Tour, Ask a Question or Start an Offer

Krishna Regupathy

Principal Broker

(503) 893-8874

INVESTOR AND DEVELOPER ALERT! Unlock the massive potential of this rare South Seattle find in the historic Hillman’s Meadow Gardens. This unique offering includes 2 structures on a condominimiumized lot: A Craftsman-style fixer as the primary residence that is 2,150 gross sqft, and a 770 sqft fully detached structure. Together they are sited on a lot that already has 2 separate legal descriptions. With a survey sketch available and the condominiumization complete, the possibilities are endless! This condominiumized property offers a compelling value-add opportunity with multiple high-yield exit strategies. Flip both units and sell separately for maximum resale value, rehab both and sell one off to hold the other as a rental with limited carrying costs, or renovate and sell the entire package to deliver a turnkey lifestyle investment. However you structure it, each scenario presents strong margin potential and flexible capital deployment, making this an attractive play for both short-term gains and long-term yield. Located in a charming, established neighborhood known for its large lots and mature landscaping, you are just minutes from MLK Jr. Way S, Skyway, shopping, and major transit hubs. Bring your builder and your vision to this centrally located gem and secure a rare footprint in a high-demand South Seattle pocket. Private Money Lender for Investment buyers only, pre-approved for 10-20% down OAC.

Download our Mobile app

Residence Information

  • 2150

  • 3

  • 1

  • 0

  • 1

  • Composition

  • 17 - 1 1/2 Stry w/Bsmt

  • 1911

  • Unfinished

  • Unfinished

  • Poured Concrete, Sla

Features and Utilities

  • Wood, Wood Products

  • Public

  • Available, Sewer Connected

Financial

  • 6264

  • Cash, Rehab Loan

  • 02-16-2026

Comparable Information

  • 1

  • 1

  • Cash, Rehab Loan

  • $499,888

  • $499,888

  • Feb 17, 2026 18:20

Schools

Elementary : Rainier View N/A Ratings
Middle : Aki Kurose N/A Ratings
High : Rainier Beach H N/A Ratings

Map

Listing courtesy of Windermere Real Estate/East.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Feb 22, 2026 00:53 | Listing last modified Feb 17, 2026 18:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Similar Properties

Download our Mobile app

$1,599,950

  • 4 Bed

  • 2.5 Bath

  • 5100 SqFt

  • 11 DOM

  • 11031 Cornell Avenue S, Seattle, 98178

$799,000

  • 5 Bed

  • 3 Bath

  • 2470 SqFt

  • 3 DOM

  • 10400 60th Avenue S, Seattle, 98178

$900,000

  • 3 Bed

  • 2.5 Bath

  • 1930 SqFt

  • 9 DOM

  • 11839 79th Avenue S, Seattle, 98178

$618,000

  • 3 Bed

  • 3 Bath

  • 1090 SqFt

  • 9 DOM

  • 6105 S 124th St, Seattle, 98178

Login to continue

Email field required!
Password field required!
Show password

Forgot your password?

Reset your password?

You will receive a link to the entered email address to create a new password

Error message here!

Back to login

Sign up with Email