Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98109 · Seattle, WA

3 completed flips in the last 12 months, $679K median gross margin, 228-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
3
Median Gross Margin
$679K
Median Hold
228 days
Median Home Value
$804K

Market snapshot

Population
32,251
Median Household Income
$124,408
Median Home Value
$804,234
Median Rent
$2,688

This report covers ZIP 98109, Seattle, WA. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 98109

In the last 12 months, 3 properties in ZIP 98109 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $679K in gross margin before rehab, carrying, and closing costs, with a median hold time of 228 days.

Top flippers in the zip

RankFlipper / LLCFlips
1LOMBARD DEVELOPERS LLC1
2SOTA PROPERTIES LLC1
3357 GARFIELD ST LLC1

Recent example

1721 3RD AVE N, SEATTLE, WA, 98109 · LOMBARD DEVELOPERS LLC
Bought $875,000, sold $1,498,000 (+$623K), held 153 days.

Recent investor purchases in ZIP 98109

15 investor purchases in ZIP 98109 in the last 6 months, at a median price of $858K. 47% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 28, 2026710 MCGRAW STPACIFIC PEEKS LLC$635KFinanced
Oct 8, 20262903 3RD AVE N # ASEATTLE STAYCATION LLC$858KCash
Sep 1, 20261601 TAYLOR AVE N APT 405JACOBS ANN E$290KCash
Aug 28, 2026801 NEWTON STBENDARE DUNDAT INC$820KFinanced
Aug 26, 20262121 AURORA AVE NKNT INVESTMENT GROUP LLC$235KCash
Aug 21, 20263111 QUEEN ANNE AVE NALLSTAR BUILDERS NW LLC$1.1MFinanced
Aug 18, 20262416 2ND AVE NRAS CLOSING SERVICES LLC$2.4MCash
Aug 10, 20262501 NOB HILL PL NCASCADIA RESIDENTIAL HOLDINGS LLC$1.6MFinanced
Jul 31, 20262423 NOB HILL AVE NOLYMPUS ASSETS LLC$1.2MFinanced
Jul 28, 20261605 5TH AVE N APT 302DRAGULSKI ANCA$709KCash

See all 15 investor purchases in 98109

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More of Seattle

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See every flip in 98109, with full buyer and deal details

The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.

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Nearby markets in WA

Same-state markets near ZIP 98109. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.