Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98117 · Seattle, WA

11 completed flips in the last 12 months, $625K median gross margin, 308-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
11
Median Gross Margin
$625K
Median Hold
308 days
Median Home Value
$1.0M

Market snapshot

Population
36,115
Median Household Income
$166,029
Median Home Value
$1,003,519
Median Rent
$3,395

This report covers ZIP 98117, 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 98117

In the last 12 months, 11 properties in ZIP 98117 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 $625K in gross margin before rehab, carrying, and closing costs, with a median hold time of 308 days.

Top flippers in the zip

RankFlipper / LLCFlips
1TRUONG REAL ESTATE GROUP CORP1
2FOREST LAKES 1 LLC1
3RK HOMES LLC1
4NORTHWEST MOUNTAIN 3 LLC1
5CHASE ABC LLC1

Recent example

324 NW 80TH ST, SEATTLE, WA, 98117 · TRUONG REAL ESTATE GROUP CORP
Bought $950,000, sold $765,000 ($-185000), held 434 days.

Recent investor purchases in ZIP 98117

20 investor purchases in ZIP 98117 in the last 6 months, at a median price of $850K. 30% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 26, 20268722 14TH AVE NWAMOR MAXIMUS LLC$10KCash
Oct 19, 20268555 30TH AVE NWMIRRA INVESTMENTS TWO LLC$855KCash
Oct 19, 20269042 6TH AVE NWNORTHWEST FIELDS 1 LLC$905KFinanced
Oct 1, 20267712 23RD AVE NWLOMBARD DEVELOPERS LLC$1.0MFinanced
Sep 30, 20268361 30TH AVE NWNORTH BEACH INVESTMENTS LLC$850KFinanced
Aug 31, 20262417 NW NEPTUNE PLCGP SOLUTIONS LLC$890KCash
Aug 28, 20263027 NW 72ND STSEA23L LLC$850KFinanced
Aug 28, 20262822 NW 92ND STBUILD SOUND LLC$920KFinanced
Jul 30, 20263002 NW 70TH STFALL MEADOWS 2 LLC$1.4MCash
Jul 24, 20262916 NW 83RD STABCD HOLDINGS LLC$610KFinanced

See all 20 investor purchases in 98117

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More of Seattle

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See every flip in 98117, 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 98117. 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.