Attention Investors, Builders & Developers! Don’t miss this rare opportunity in Upper Rainier Beach. This cosmetic fixer on a large, level lot includes 3 bedrooms, 1 bathroom, an open-concept layout, a bonus room, and 850 sq. ft. of unfinished basement space with tons of potential. Great location with easy access to downtown Seattle and I-5. Ideal for renovation and resale, or tear down and build up to three new units (buyer to verify).The sale only includes the house only!!! The Garage is where the Dadu Lot is sold separately Property sold as-is.
Interior Amenities: Ceramic Tile, Dining Room, Water Heater
Living Area: 2150
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Bathrooms: 1
BathsFullMain: 1
SquareFootageFinished: 2150
SquareFootageUnfinished: 0
BathsFullGarage: 0
BathsFullLower: 0
BathsFullUpper: 0
BathsHalfGarage: 0
BathsHalfLower: 0
BathsHalfMain: 0
BathsHalfUpper: 0
BathsThreeQuarterGarage: 0
BathsThreeQuarterLower: 0
BathsThreeQuarterMain: 0
BathsThreeQuarterUpper: 0
BedroomsLower: 0
BedroomsUpper: 2
AppliancesIncluded: Double Oven,Stove(s)/Range(s)
NWM_NumberOfBathtubs: 1
NWM_NumberOfShowers: 1
Exterior Features
Roof: Composition
Lot Features: Alley, Dead End Street, Secluded
View: No
Waterfront: No
Construction Type: Wood
Direction Faces: South
Exterior Features: Wood
Foundation Details: Poured Concrete
Property Condition: Fixer
Structure Type: House
Garage/Parking
Attached Garage: No
Carport Y N: No
Open Parking: No
Parking Features: None
Utilities
Sewer: Available, Sewer Connected
Water Source: Public
Security: Partially Fenced
Cooling: None
Cooling Y N: No
Heating: Forced Air
Heating Yn: Yes
PowerCompany: Seattle City Light
SewerCompany: City of Seattle
WaterCompany: City of Seattle
WaterHeaterLocation: Basement
WaterHeaterType: Electric
Condo/Co-op/Association
Senior Community: No
Association Fee: 10
Association Fee Frequency: Annually
Association: Yes
Schools
Junior High Dist: Seattle
High School: Rainier Beach High
Middle Or Junior School: Aki Kurose
Lot Info
Parcel Number: 3348Lot 1
Topography: Level
Land Lease: No
Lot Size Acres: 0.2406
Lot Size Sq Ft: 10480
Zoning: NR1
Irrigation Water Rights: No
ShowMapLink: true
SiteFeatures: Fenced-Partially
MLSLotSizeSource: Realist
MLSSquareFootageSource: Realist
ZoningJurisdiction: City
LotNumber: 128
Green Features
Power Production Type: Electric, Oil
Rental Info
ShortTermRentalYN: false
Tax Info
Year: 2025
Tax Annual Amount: 6264
Multi Family
EnergySource: Electric,Oil
MLS Schools
Elementary School: Rainier View
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2024
$6,264
$521,000
$235,000
$286,000
2023
$5,696
$488,000
$200,000
$288,000
2022
$5,156
$545,000
$200,000
$345,000
2021
$4,909
$448,000
$167,000
$281,000
2020
$4,771
$407,000
$152,000
$255,000
2018
$4,083
$411,000
$161,000
$250,000
2017
$3,471
$332,000
$130,000
$202,000
2016
$3,163
$286,000
$115,000
$171,000
2015
$2,699
$254,000
$102,000
$152,000
2014
--
$218,000
$88,000
$130,000
2013
--
$172,000
$77,000
$95,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
07/01/202507/01/25
For Sale
$120,000
-70.0%
--
07/01/202507/01/25
For Sale
$399,888
--
$186 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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This home is located at 5360 S Wallace St, Seattle, WA 98178 and is currently priced at $399,888, approximately $185 per square foot. This property was built in 1911. 5360 S Wallace St is a home located in King County with nearby schools including Rainier View Elementary School, Aki Kurose Middle School, and Rainier Beach High School.
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