Northwest Knowledge

15455 10th Ave SW $2,350,000

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    15455 10th Ave SW Burien, WA 98166

    • 0 Beds
    • 0 Baths
    • 8,400 sq.ft.
    • Multi-Family
    Listing# 1474507 | Pending
    Days On Market: 38 2 Views
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    Property Details

    Great opportunity to acquire a mid-century 12-unit property in the very walkable, nicely located Lake Burien neighborhood. The building has a 6-month-old roof, new stairwells, and fresh walkway coatings. The units are spacious and offer a private deck/patio, dishwasher, garbage disposal and a mix of carpet and vinyl. Units have not been updated which creates an opportunity for those looking to add value by renovating units and increasing rents.

    • General Features
      • County King
      • Style 56-10+ Units
      • Number of Stories 2
      • Number of Units 12
      • Year Built 1967
      • Lot Square Footage 16,878
      • County King
    • Building Features
      • Approx SqFt 8,400
      • Roof Compostion
      • Exterior Wood, Wood Products
      • Amenities Coin Op Laundry, Storage
    • Financials
      • Total Monthly Income $14,065
      • Net Operating Income $110,691
      • Gross Scheduled Income $168,774
      • Gross Adjusted Income $163,711
      • Total Expenses $53,020
      • Other Expenses $19,194
      • Insurance Expenses $3,675
      • Expenses $53,020
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 13
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $16,227
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Sewer Company Sewer Connected
    • Schools
      • School District Highline

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    Neighborhood

    98166 (Burien) 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

    $550,000 Median Sales Price
    26 Homes Sold
    30 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,350,000
        6/21/2019 8:10:59 AM Status Changed Source New Value: Pending
        6/14/2019 5:41:00 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.