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5162 S Wallace StreetSeattle, WA 98178

For Sale

$699,000

Smart Buyer Rebate $6,990

Welcome to this inviting Seattle home in the desirable Rainier View neighborhood, where comfort, character, and versatility come together in a prime location. Inside, the open-concept layout is filled with natural light from expansive windows and showcases a timeless mid-century modern feel, featuring radiant heated tile floors, a cozy wood-burning fireplace, and newer stainless steel appliances that create a warm and functional living space. The kitchen flows seamlessly to a private patio with stunning valley and Olympic Mountain views, perfect for entertaining or enjoying Pacific Northwest sunsets. The fully finished daylight basement offers incredible flexibility with a separate entrance, full living area, bedroom, bathroom, and gas fireplace, ideal for multigenerational living or potential rental income. Additional highlights include a heat pump with central air conditioning, newer carpet, washer and dryer, and a TPO roof replaced in 2021, along with a covered carport, ample parking, and a storage shed. Step outside to a fully fenced yard with a sprinkler system, surrounded by mature trees and lush landscaping that create a peaceful, private retreat. Conveniently located just minutes from I-5, Sea-Tac Airport, Boeing, shopping, and dining, this home offers easy commuting and exceptional value in King County.

Listed by Celine Williams

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Realty One Group Orca

Last updated April 30, 2026

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Source: NWMLS #2494524

Listing Facts

  • TypeSingle-family
  • NeighborhoodRainier View
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu42
  • Taxes$6,998.57/year
  • Size2,184 sqft
  • Price per sqft$320

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

04/30/2026
Price Decreased
$699,000
03/20/2026
Listed by Realty One Group Orca
$720,000

Property Details for 5162 S Wallace Street

Exterior

Construction

  • Property Condition: Good
  • Roof: See Remarks
  • Structure Type: House
  • Year Built: 1962
  • Construction Materials: Metal/Vinyl
  • Exterior Features: Metal/Vinyl

Features

  • View: Mountains, Territorial

Measurements

  • Building Area Total: 2,184
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot, Paved
  • Lot Size Acres: 0.22
  • Lot Size Square Feet: 9,702
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 1262700040
  • Tax Annual Amount: $6,998.57
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Features: Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Jetted Tub, Security System, Walk-In Closet(s), Water Heater

Measurements

  • Living Area: 2,184

Rooms

  • Basement: Daylight, Finished
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3

Other

Location

  • Subdivision Name: Seattle

Parking

Parking

  • Carport: Yes
  • Covered Spaces: 1
  • Parking Features: Attached Carport, Driveway, RV Parking
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Buyer To Verify

High School

  • High School: Buyer To Verify
  • High School District: Seattle

Middle or Junior School

  • Middle Or Junior School: Buyer To Verify

Utilities

Equipment

  • Has Cooling: Yes
  • Has Heating: Yes
  • Sewer: Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 2 bathrooms in this single-family home at 5162 S Wallace Street.

What schools are nearby to 5162 S Wallace Street?

Nearby schools include the Buyer To Verify Elementary School, Buyer To Verify Middle School, and Buyer To Verify High School.

Does this single-family home have parking?

Yes, there are 4 parking spaces available for 5162 S Wallace Street.

What are the annual taxes for 5162 S Wallace Street?

Annual taxes for this single-family home are estimated at $6,998.

How does 5162 S Wallace Street compare to other single-family homes in Rainier View?

This single-family home is listed 9% above the average price for single-family homes in Rainier View and has been on the market for 14 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,184 sqft.

5162 S Wallace Street is a 4-bedroom, 2-bath single-family home for sale in Seattle WA 98178. On Prevu for 42 days at $699,000. This includes a recent price decrease of $21,000. This residence features 2,184 square feet of living space, located in Rainier View. The median listing price for single-family homes in this area is $649,000. Nearby schools include Buyer To Verify Elementary School, Buyer To Verify Middle School, and Buyer To Verify High School. Property amenities include dishwasher, pets allowed, parking, and washer/dryer. Browse more single-family home listings in Seattle.

Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.