423 SW 155th Street, Burien, WA 98166
- $1,475,000
- 5,104
- SqFt
Listing courtesy of Windermere RE West Campus Inc. Selling Office: Homes & Equity Real Estate Grp.
- Sold Price
- $1,475,000
- List Price
- $1,475,000
- Status
- SOLD
- MLS#
- 2467107
- Closing Date
- Feb 26, 2026
- Days on Market
- 15
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 5,104
- Area Total SqFt
- 5104
- Annual Tax Ammount
- 18141
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 7,500
- Sewer
- Sewer Connected
Property Description
This 8-unit apartment building presents an enticing investment opportunity in prime Burien location. Investors can benefit from a well-maintained property built in 2009, featuring modern standards and low maintenance. The high walk score enhances tenant appeal, making it an attractive living option. The two vacant units offer immediate market leasing potential and increased income. This building offers investors reliable cash flow immediately with optimistic income projections.
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Additional Information
- List Date
- 2026-02-11 00:00:00
- Community
- Burien
- Net Operating Income
- $80,007
- Gross Adjusted Income
- $127,680
- Gross Scheduled Income
- $134,400
- Total Monthly Income
- $10,904
- Insurance Expenses
- $5,000
- Water/Sewer/Garbage Expenses
- $11,741
- Gross Rent Multiplier
- 11
- Total Expenses
- $50,841
- Cap Rate
- 5.42
- Vacancy Rate
- 5
- Total Number of Units
- 8
- Unit Name
- 423
- Potential Terms
- Cash, Conventional
- Year Built
- 2009
- View
- Mountains, Partial, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Patio
- Other Expenses
- 15959
- Energy Source
- Electric
- School District
- Highline
- Total Monthly Income
- $10,904
- Gross Scheduled Income
- $134,400
- Vacancy Rate
- 5
- Gross Adjusted Income
- $127,680
- Tax Year
- 2025
- Insurance Expense
- $5,000
- W/S/G Expenses
- $11,741
- Total Expenses
- $50,841
- Net Operating Income
- $80,007
- Gross Rent Multiplier
- 11
- Cap Rate
- 5.42
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.