439 SW 156th Street, Burien, WA 98166
- $1,380,000
- 6,516
- SqFt
Listing courtesy of Coldwell Banker Danforth. Selling Office: Skyline Properties, Inc..
- Sold Price
- $1,380,000
- List Price
- $1,599,000
- Status
- SOLD
- MLS#
- 2450840
- Closing Date
- Mar 18, 2026
- Days on Market
- 162
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 6,516
- Area Total SqFt
- 6516
- Annual Tax Ammount
- 18211
- Lot Size (sq ft)
- 8,100
- Sewer
- Sewer Connected
Property Description
Great price for this nine unit apartment building in Burien, many long time tenants,. Original owners have methodically maintained spacious units, replacing and updating appliances, windows and fixtures. Parking for all units plus guest parking, coin op laundry and small office on site. Easy to rent. Downtown Burien is just three blocks away. Great opportunity.
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Additional Information
- List Date
- 2025-10-07 00:00:00
- Community
- Burien
- Net Operating Income
- $77,253
- Gross Adjusted Income
- $126,900
- Gross Scheduled Income
- $126,900
- Total Monthly Income
- $10,575
- Insurance Expenses
- $5,136
- Water/Sewer/Garbage Expenses
- $10,800
- Gross Rent Multiplier
- 12.6
- Total Expenses
- $49,647
- Cap Rate
- 4.83
- Total Number of Units
- 9
- Unit Name
- 439
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1979
- Roof
- Flat
- Electric Expenses
- 1500
- Other Expenses
- 14000
- Energy Source
- Electric
- School District
- Highline
- Elementary School
- Gregory Heights Elem
- Middle School
- Sylvester Mid
- High School
- Highline High
- Total Monthly Income
- $10,575
- Gross Scheduled Income
- $126,900
- Gross Adjusted Income
- $126,900
- Tax Year
- 2024
- Insurance Expense
- $5,136
- W/S/G Expenses
- $10,800
- Total Expenses
- $49,647
- Net Operating Income
- $77,253
- Gross Rent Multiplier
- 12.6
- Cap Rate
- 4.83
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.