Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98148 · Seattle, WA

5 completed flips in the last 12 months, $338K median gross margin, 265-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
5
Median Gross Margin
$338K
Median Hold
265 days
Median Home Value
$613K

Market snapshot

Population
10,652
Median Household Income
$81,431
Median Home Value
$612,920
Median Rent
$2,150

This report covers ZIP 98148, 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 98148

In the last 12 months, 5 properties in ZIP 98148 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 $338K in gross margin before rehab, carrying, and closing costs, with a median hold time of 265 days.

Top flippers in the zip

RankFlipper / LLCFlips
1MILLENNIAL BUILDERS LLC1
2PRINCETON PROPERTIES1
3TIM TREND RESTORATION LLC1
4MARCUS IRENA1
5RABIYA PROPERTIES LLC1

Recent example

418 S 190TH ST, BURIEN, WA, 98148 · MILLENNIAL BUILDERS LLC
Bought $390,000, sold $692,950 (+$303K), held 141 days.

Recent investor purchases in ZIP 98148

2 investor purchases in ZIP 98148 in the last 6 months, at a median price of $615K. 100% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 2, 202617431 AMBAUM BLVD S UNIT D15HRUSKA VOJSAVA$145KCash
Jun 12, 2026612 S 160TH STEPPERSON BRANDON$615KCash

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More of Seattle

See every zip, the latest investor purchases and flips across the city on the Seattle, WA fix-and-flip market report.

See every flip in 98148, 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 98148. 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.