3030 S 216 Street Unit #E, SeaTac, WA 98198

$1,050,000
3,690
SqFt

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Listing courtesy of Keller Williams Realty Bothell. Selling Office: Newberry Realty Renton.

Sold Price
$1,050,000
List Price
$1,099,999
Status
SOLD
MLS#
2470523
Closing Date
Mar 03, 2026
Days on Market
15
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,690
Area Total SqFt
3690
Annual Tax Ammount
9483.77
Internet Provider
Xfinity
Lot Size (sq ft)
4,792
Sewer
Sewer Connected
Offer Review Date
2026-01-26

Property Description

Exceptional investment opportunity in a secure, gated community. This well-maintained four-plex offers a rare combination of stability, security, and long-term income potential. All four units feature 2 bedrooms, 1 bathroom, and in-unit laundry, supporting strong and consistent tenant demand. A newer roof (2021) provides added confidence and reduced near-term capital expenses. Centrally located in SeaTac, with convenient access to major highways, transit, and local amenities. Ideal for investors seeking reliable cash flow or an owner-occupant opportunity to live in one unit while renting the others.

Additional Information

List Date
2026-02-16 00:00:00
Community
SeaTac
Net Operating Income
$2,920
Gross Adjusted Income
$7,050
Gross Scheduled Income
$7,050
Total Monthly Income
$7,050
Insurance Expenses
$3,235
Water/Sewer/Garbage Expenses
$3,980
Gross Rent Multiplier
13
Total Expenses
$16,698
Cap Rate
3.19
Total Number of Units
4
Unit Name
3030
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1979
Roof
Composition
Energy Source
Electric
School District
Highline
Total Monthly Income
$7,050
Gross Scheduled Income
$7,050
Gross Adjusted Income
$7,050
Tax Year
2025
Insurance Expense
$3,235
W/S/G Expenses
$3,980
Total Expenses
$16,698
Net Operating Income
$2,920
Gross Rent Multiplier
13
Cap Rate
3.19
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.
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