Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98198 · Seattle, WA

7 completed flips in the last 12 months, $240K median gross margin, 120-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
7
Median Gross Margin
$240K
Median Hold
120 days
Median Home Value
$596K

Market snapshot

Population
38,942
Median Household Income
$76,062
Median Home Value
$595,836
Median Rent
$2,500

This report covers ZIP 98198, 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 98198

In the last 12 months, 7 properties in ZIP 98198 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 $240K in gross margin before rehab, carrying, and closing costs, with a median hold time of 120 days.

Top flippers in the zip

RankFlipper / LLCFlips
1ATARA LLC1
2CHRIS PLUMBING INC1
3RNBA HOLDINGS LLC1
4CKHALAF REAL ESTATE LLC1
5DT CONSTRUCTION INC1

Recent example

1813 S 244TH PL, DES MOINES, WA, 98198 · ATARA LLC
Bought $467,400, sold $665,000 (+$198K), held 144 days.

Recent investor purchases in ZIP 98198

19 investor purchases in ZIP 98198 in the last 6 months, at a median price of $460K. 53% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 26, 202622236 24TH AVE S APT P110HOME AGAIN 3 LLC$155KFinanced
Oct 23, 202622015 MARINE VIEW DR SAM FIDUCIARY REALTY LLC$650KFinanced
Oct 9, 20261303 S 276TH PLHRUSKA VOJSAVA$350KFinanced
Sep 11, 2026601 S 227TH ST APT 205NHOMELIGHT REAL ESTATE IV LLC$495KCash
Sep 3, 20263039 S 200TH STAMAN INVESTMENTS LLC$470KFinanced
Aug 31, 20261834 S 251ST PLSAFE INVEST GROUP LLC$470KFinanced
Aug 31, 20261301 S 239TH PLHANS DEVINDER$498KCash
Aug 12, 202622616 24TH AVE STEMPLO LLC$460KFinanced
Aug 7, 202621937 7TH AVE S APT 216BAUTISTA ENRIQUE F$260KCash
Jul 30, 20261424 S 272ND STINFINITY HOMERUN LLC$297KCash

See all 19 investor purchases in 98198

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More of Seattle

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See every flip in 98198, 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 98198. 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.