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Listing courtesy of NWMLS / Aqua

5360 S Wallace Street

Seattle, WA 98178

3 beds
1 bath
2,150 sqft
10,480 sqft lot
$209 per sqft
1911 build

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.

Listing courtesy of NWMLS / Aqua

Last checked: Checking… • Last updated May 7, 2025 •

MLS# 2363285 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1911
New Construction:

false
Building Name:

Hillmans Meadow Gardens Div
Building Information:

Built On Lot
Structure Type:

House
Architectural Style:

Contemporary
Roof:

Composition
Entry Location:

Main
Foundation Details:

Poured Concrete
Basement:

Unfinished
Exterior Features:

Wood
Levels:

Two
Building Area Total:

2150
Building Area Units:

Square Feet
Calculated SqFt:

2150
SqFt Source:

Realist
Construction Materials:

Wood
Direction Faces:

South

Interior

Interior Features:

Ceramic Tile, Dining Room, Water Heater
Living Area:

2150
Flooring:

Ceramic Tile
Fireplace:

false
Finished SqFt:

2150

Financial & Terms

Possession:

Closing

Location

Latitude:

47.498055
Longitude:

-122.265476
Directions:

Head W on Martin Luther King Jr Way S to Martin Luther King Jr Way S,Turn L to Renton Ave S, Turn R to stay on Renton Ave S,Turn R to 51st Ave S,Sharp R to S Wallace St, Turn R. Destination on Left.

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Fixer
Parcel Number:

3348Lot 1
Lot Number:

128
Lot Features:

Alley, Dead End Street, Secluded
Lot Size Units:

Square Feet
Lot Size Acres:

0.2406
Lot Size SqFt:

10480
Lot Size Source:

Realist
Zoning Jurisdiction:

City
Land Lease:

false
Leased Equipment:

NONE
View:

false
Waterfront:

false
Topography:

Level
Vegetation:

Garden Space
Zoning:

NR1
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

6264

Beds

Bedrooms Total:

3
Bedrooms Possible:

3
Bedrooms Upper Level:

2
Main Level Bedrooms:

1

Baths

Total Baths:

1
Baths:

1
Full Baths:

1
Main Full Baths:

1
Main Level Bathrooms:

1
# of Bathtubs:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Forced Air

Utilities

Water Company:

City Of Seattle
Water Heater Location:

Basement
Water Heater Type:

Electric
Water Source:

Public
Sewer:

Available, Sewer Connected
Sewer Company:

City Of Seattle
Power Company:

Seattle City Light

Appliances

Appliances:

Double Oven, Stove(s)/Range(s)
Appliances Included:

Double Oven,Stove(s)/Range(s)

Schools

Elementary School:

Rainier View
Middle Or Junior School:

Aki Kurose
High School:

Rainier Beach High
High School District:

Seattle

The Community

Subdivision Name:

Upper Rainier Beach
Senior Community:

false
Association Fee:

10
Association Fee Frequency:

Annually
Association:

true

Parking

Parking Features:

None
Open Parking:

false
Attached Garage:

false
Carport:

false

Listing courtesy of NWMLS / Aqua

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Wed Jun 18 2025 03:12 PM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Monthly cost estimate

Asking price

$450,000

Expense	Monthly cost
Mortgage	$2,409
Taxes	$522
Insurance	$123
HOA fees	$1
Utilities	$168 See report
Total	$3,223/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/7/25 May 7, 2025	Price Changed	NWMLS	$450,000	-3.2%
4/22/25 Apr 22, 2025	Relisted	NWMLS	$465,000	58.6% (2.5% / YR)
2/8/25 Feb 8, 2025	Pending	NWMLS

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This house located in Rainier Valley, Seattle, WA 98178 is currently for sale for $450,000. 5360 S Wallace Street is a 2,150 square foot house with 3 beds and 1 bath. 5360 S Wallace Street is in the Rainier Valley neighborhood of Seattle and has a WalkScore® of 17, making it car-dependent. This house is in the attendance area of Aki Kurose Middle School, Rainier View Elementary School, and Rainier Beach High School.

Listing courtesy of NWMLS / Aqua

Disclaimer: The information contained in this listing has not been verified by Aqua and should be verified by the buyer.