14132 37th Avenue S, Tukwila, WA 98168
- $2,300,000
- 9,596
- SqFt
Listing courtesy of Westlake Associates, Inc..
- List Price
- $2,300,000
- Status
- PENDING
- MLS#
- 2510506
- Price Change
- ▼ $200,000 1781566278
- Days on Market
- 99
- Style
- 56 - 10+ Units
- Finished SqFt
- 9,596
- Area Total SqFt
- 9596
- Annual Tax Ammount
- 27516
- Lot Size (sq ft)
- 18,370
- Sewer
- Sewer Connected
Property Description
Seller Financing Available (30% Down, 5% Interest Only) The Maple Apartments present a strong value-add investment opportunity located just minutes from Seattle-Tacoma International Airport and the Tukwila International Blvd Light Rail Station. Built in 1967, the property comprises well-configured one-bedroom and two-bedroom units, complemented by an open parking lot, a spacious backyard, and an oversized basement and owner storage area. First time on the market in 30 years. Residents benefit from a convenient commute to the airport, close proximity to Juba Shopping Mall and Tukwila Village, and excellent regional connectivity via Interstate 5, Interstate 405, and State Route 518. These major highways provide quick access to Downtown Seattle, the Eastside, and surrounding employment centers, enhancing the property’s appeal for renters.
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Additional Information
- List Date
- 2026-04-20 17:21:12
- Community
- Riverton
- Net Operating Income
- $139,146
- Gross Adjusted Income
- $243,960
- Gross Scheduled Income
- $256,800
- Total Monthly Income
- $21,400
- Insurance Expenses
- $9,354
- Water/Sewer/Garbage Expenses
- $29,670
- Gross Rent Multiplier
- 8.96
- Total Expenses
- $104,814
- Cap Rate
- 6.05
- Vacancy Rate
- 5
- Total Number of Units
- 14
- Unit Name
- 14132
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Year Built
- 1967
- Roof
- Composition
- Site Features
- Fenced-Partially
- Other Expenses
- 38274
- Energy Source
- Electric
- School District
- Tukwila
- Total Monthly Income
- $21,400
- Gross Scheduled Income
- $256,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $243,960
- Tax Year
- 2026
- Insurance Expense
- $9,354
- W/S/G Expenses
- $29,670
- Total Expenses
- $104,814
- Net Operating Income
- $139,146
- Gross Rent Multiplier
- 8.96
- Cap Rate
- 6.05
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.