Northwest Knowledge

130 SW 184th St $1,545,000

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    130 SW 184th St Normandy Park, WA 98166

    • 0 Beds
    • 0 Baths
    • 5,760 sq.ft.
    • Multi-Family
    Listing# 1399634 | Active
    Days On Market: 97 4 Views
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    Property Details

    Charming and well-maintained 8-unit apartment community is located in the quiet residential area of Normandy Park. The Furlani Apartments offers an investor the opportunity to acquire a well-located, easy to manage apartment community with income upside and potential to add value. The buyer can take advantage of a strong, rising rental market while increasing rents to market levels and charging for utilities and will reap the rewards of immediate upside and long-term appreciation.

    • General Features
      • County King
      • Style 55-5-9 Units
      • Number of Stories 2
      • Number of Units 8
      • Year Built 1967
      • Lot Square Footage 11,916
      • County1 King
    • Building Features
      • Approx SqFt 5,760
      • Roof Flat
      • Exterior Wood, Wood Products
      • Amenities Coin Op Laundry
      • Floor Covering Laminate Hardwood, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $10,030
      • Net Operating Income $71,158
      • Gross Scheduled Income $120,360
      • Gross Adjusted Income $115,546
      • Total Expenses $44,387
      • Other Expenses $17,800
      • Insurance Expenses $3,782
      • Expenses $44,387
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 12
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $13,605
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Sewer Company Sewer Connected
    • Schools
      • School District Highline

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    Neighborhood

    98166 (Normandy Park) Demographics

    43Median Age
    3,705Population Density (per sq. mile)
    49%College Educated
    $66,435 Estimated Median Income
    5,385Estimated Total Home Owners
    2,987Estimated Total Renters
    64% / 36%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    21,018Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $625,000 Median Sales Price
    15 Homes Sold
    36 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,545,000
        1/10/2019 5:31:00 PM New in Database Source

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        This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.