3724 S 141st Street, Tukwila, WA 98168
- $899,000
- 2,900
- SqFt
Listing courtesy of AQUA Real Estate. Selling Office: AQUA Real Estate.
- Sold Price
- $899,000
- List Price
- $899,000
- Status
- SOLD
- MLS#
- 2502643
- Closing Date
- May 22, 2026
- Days on Market
- 3
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 2,900
- Area Total SqFt
- 2900
- Annual Tax Ammount
- 8108
- Lot Size (sq ft)
- 12,060
- Sewer
- Sewer Connected
- Offer Review Date
- 2026-04-08
Property Description
Located in the heart of Tukwila, this impeccably maintained single-level fourplex offers a rare blend of stability, convenience, and long-term investment potential. Set on an expansive 12,060 SF lot, the 2,900 SF property is highlighted by a newer roof and strong in-place income. The property features four thoughtfully designed units, including one spacious 2-bedroom residence and three well-appointed 1-bedroom units, all offering functional layouts and enduring tenant appeal. Residents enjoy access to a shared on-site laundry facility, approximately nine on site parking spaces, and ample street parking. Ideally positioned near major transportation corridors, this location provides seamless access to Seattle-Tacoma International Airport, Westfield Southcenter, and key employment centers. Consistent rental demand and the lot’s unique street-to-street configuration create an exceptional opportunity for both immediate returns and future upside.Rents are below market rate, could easily be raised for extra income and a higher cap rate! A rare turnkey investment offering in a prime location.
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Additional Information
- List Date
- 2026-05-19 00:00:00
- Community
- Tukwila
- Net Operating Income
- $50,029
- Gross Adjusted Income
- $68,940
- Gross Scheduled Income
- $68,940
- Total Monthly Income
- $5,745
- Insurance Expenses
- $1,887
- Water/Sewer/Garbage Expenses
- $7,708
- Gross Rent Multiplier
- 13
- Total Expenses
- $18,911
- Cap Rate
- 5.5
- Total Number of Units
- 4
- Unit Name
- 3724
- Potential Terms
- Cash, Conventional
- Year Built
- 1965
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, RV Parking
- Electric Expenses
- 1208
- Energy Source
- Electric
- School District
- Tukwila
- Elementary School
- Cascade View Elem
- Middle School
- Showalter Mid
- High School
- Foster Snr High
- Total Monthly Income
- $5,745
- Gross Scheduled Income
- $68,940
- Gross Adjusted Income
- $68,940
- Tax Year
- 2025
- Insurance Expense
- $1,887
- W/S/G Expenses
- $7,708
- Total Expenses
- $18,911
- Net Operating Income
- $50,029
- Gross Rent Multiplier
- 13
- Cap Rate
- 5.5
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.