2014 SW 152nd Street, Burien, WA 98166
- $1,712,500
- 8,034
- SqFt
Listing courtesy of Westlake Associates, Inc.. Selling Office: Kelly Right RE of Seattle LLC.
- Sold Price
- $1,712,500
- List Price
- $1,750,000
- Status
- SOLD
- MLS#
- 2477024
- Closing Date
- Jun 05, 2026
- Days on Market
- 359
- Style
- 55 - 5-9 Units
- Finished SqFt
- 8,034
- Area Total SqFt
- 8034
- Annual Tax Ammount
- 17931
- Lot Size (sq ft)
- 10,722
- Sewer
- Sewer Connected
Property Description
Seahurst 9 is a solid 9-unit apartment building on sale for the first time in 30 years. Located in the desirable Seahurst neighborhood of Burien, this 1962-build sits on a spacious 10,722 SF lot zoned MU-1, supporting mixed-use redevelopment with a 55-ft height limit. Ideal for multi-family, townhomes, retail, restaurants, or professional offices, offers versatile potential in a market with low competition and rising rents. With 1-, 2-, & 3-bed units averaging 651 SF, featuring hardwood floors, copper plumbing, and durable brick exterior, the site combines immediate rental income with long-term growth opportunities. Seller financing available or cash out—perfect for investors seeking stability in South King County's resilient economy.
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Additional Information
- List Date
- 2025-06-11 00:00:00
- Community
- Seahurst
- Net Operating Income
- $101,829
- Gross Adjusted Income
- $157,605
- Gross Scheduled Income
- $165,900
- Total Monthly Income
- $13,825
- Insurance Expenses
- $7,200
- Water/Sewer/Garbage Expenses
- $12,275
- Gross Rent Multiplier
- 10.55
- Total Expenses
- $55,776
- Cap Rate
- 5.82
- Vacancy Rate
- 5
- Total Number of Units
- 9
- Unit Name
- 2014
- Potential Terms
- Assumable, Cash, Conventional
- Year Built
- 1962
- Roof
- Composition
- Site Features
- Fenced-Partially
- Other Expenses
- 18370
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $13,825
- Gross Scheduled Income
- $165,900
- Vacancy Rate
- 5
- Gross Adjusted Income
- $157,605
- Tax Year
- 2025
- Insurance Expense
- $7,200
- W/S/G Expenses
- $12,275
- Total Expenses
- $55,776
- Net Operating Income
- $101,829
- Gross Rent Multiplier
- 10.55
- Cap Rate
- 5.82
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.