Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98116 · Seattle, WA

5 completed flips in the last 12 months, $258K median gross margin, 446-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
5
Median Gross Margin
$258K
Median Hold
446 days
Median Home Value
$1.0M

Market snapshot

Population
27,871
Median Household Income
$129,924
Median Home Value
$1,019,131
Median Rent
$3,000

This report covers ZIP 98116, 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 98116

In the last 12 months, 5 properties in ZIP 98116 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 $258K in gross margin before rehab, carrying, and closing costs, with a median hold time of 446 days.

Top flippers in the zip

RankFlipper / LLCFlips
1INVESTORS 180 LLC1
2SERVICE PAULA E1
3GILMOUR ANDREW1
4EVEROSE LLC1
5FOREST LAKES 1 LLC1

Recent example

1927 42ND AVE SW, SEATTLE, WA, 98116 · INVESTORS 180 LLC
Bought $617,500, sold $875,000 (+$258K), held 514 days.

Recent investor purchases in ZIP 98116

17 investor purchases in ZIP 98116 in the last 6 months, at a median price of $813K. 59% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 28, 20264137 54TH AVE SWUPPER LEFT LIVING LLC$695KFinanced
Oct 20, 20263151 ALKI AVE SW APT 11ALWAYS YOUNG TRUST$270KCash
Oct 20, 20261140 ALKI AVE SW APT 204HOMONY MICHAEL$650KCash
Oct 9, 20264405 SW ALASKA ST APT 304BEACHFRONT VENTURES LLC$180KCash
Oct 1, 20263435 61ST AVE SWCCR WEST LLC$1.3MCash
Sep 25, 20263603 49TH AVE SWGABROVSKA MIRELA$965KCash
Aug 28, 20263715 40TH AVE SWRAWLEY PAPPAS LLC$675KFinanced
Aug 17, 20264317 SW CHARLESTOWN STTRILLIGENT INC$600KCash
Aug 14, 20264046 44TH AVE SW4046 PROPERTIES LLC$900KCash
Aug 13, 20264849 48TH AVE SW4849 48TH AVE SW LLC$813KFinanced

See all 17 investor purchases in 98116

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More of Seattle

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See every flip in 98116, 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 98116. 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.