2305 S 116th Place, Burien, WA 98168
- $800,000
- 2,300
- SqFt
Listing courtesy of Redfin. Selling Office: RE/MAX All City.
- Sold Price
- $800,000
- List Price
- $849,999
- Status
- SOLD
- MLS#
- 2405249
- Closing Date
- Dec 10, 2025
- Days on Market
- 133
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 2,300
- Area Total SqFt
- 2300
- Annual Tax Ammount
- 6541
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 7,500
- Sewer
- Sewer Connected
Property Description
*House hackers alert* The perfect house for investment property is right here. 6 bedrooms, 5 bathrooms, 4 kitchens, 4 living rooms, 4 separate entries to each floor plan & all situated on a 7500 sq ft lot with option to purchase the land next dr. 50 yr metal roof custom metal handrail on deck, fully fenced yard, newer quartz countertops & soft closet cabinets/drawers, 3 year old blacktop driveway, 80-gal hybrid water heater & heat pump, ready for you to offer shared housing w your friends, AIRBNB/short term rental, or use for your in home business
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Additional Information
- List Date
- 2025-07-30 00:00:00
- Community
- Riverton
- Net Operating Income
- $34,790
- Gross Adjusted Income
- $42,478
- Gross Scheduled Income
- $49,020
- Total Monthly Income
- $4,085
- Insurance Expenses
- $1,147
- Gross Rent Multiplier
- 17.34
- Total Expenses
- $7,688
- Cap Rate
- 4.09
- Vacancy Rate
- 1
- Total Number of Units
- 4
- Unit Name
- 2305
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1979
- View
- Territorial
- Roof
- Metal
- Site Features
- Deck, Fenced-Fully, RV Parking
- Energy Source
- Electric, Natural Gas
- School District
- Highline
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,085
- Gross Scheduled Income
- $49,020
- Vacancy Rate
- 1
- Gross Adjusted Income
- $42,478
- Tax Year
- 2025
- Insurance Expense
- $1,147
- Total Expenses
- $7,688
- Net Operating Income
- $34,790
- Gross Rent Multiplier
- 17.34
- Cap Rate
- 4.09
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.