1014 SW 154th Street, Burien, WA 98166
- $925,000
- 3,096
- SqFt
Listing courtesy of Westlake Associates, Inc.. Selling Office: Liberty Real Estate, LLC.
- Sold Price
- $925,000
- List Price
- $949,000
- Status
- SOLD
- MLS#
- 2378361
- Closing Date
- Jul 18, 2025
- Days on Market
- 81
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,096
- Area Total SqFt
- 3096
- Annual Tax Ammount
- 11741
- Lot Size (sq ft)
- 14,645
- Sewer
- Sewer Connected
Property Description
Perfectly situated a block from Lake Burien, steps from the charming Olde Burien and lively 152nd Street Retail HUB, known for its top-notch restaurants, bars, and coffee spots. This property offers a mix of (2) 600 sq ft one-bed, one-bath units and (2) 868 sq ft two-bed, one-bath units, with 3 of 4 units recently upgraded with features like stainless-steel appliances, granite countertops, modern cabinets, bathroom fans, fresh tile, and LVT hardwood floors. Boasts a large communal lawn, a private backyard courtyard with each unit having a separate entrance door, shared laundry facility, and (6) off-street parking spaces. Recently upzoned for higher density, offering a prime future townhome redevelopment opportunity(Buyer to Verify).
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Additional Information
- List Date
- 2025-04-28 00:00:00
- Community
- Lake Burien
- Net Operating Income
- $54,245
- Gross Adjusted Income
- $74,306
- Gross Scheduled Income
- $74,306
- Total Monthly Income
- $6,192
- Insurance Expenses
- $2,500
- Water/Sewer/Garbage Expenses
- $5,820
- Total Expenses
- $20,061
- Cap Rate
- 5.71
- Total Number of Units
- 4
- Unit Name
- 1014
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1953
- Roof
- Composition
- Site Features
- Fenced-Partially
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $6,192
- Gross Scheduled Income
- $74,306
- Gross Adjusted Income
- $74,306
- Tax Year
- 2025
- Insurance Expense
- $2,500
- W/S/G Expenses
- $5,820
- Total Expenses
- $20,061
- Net Operating Income
- $54,245
- Cap Rate
- 5.71
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.