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Listed by: Justin O'Dell, Berkshire Hathaway HS NW, 206-932-4500, Listing Courtesy of NWMLS
$624,950
●
Multifamily -
For Sale
15325 4th Avenue SW
Burien, WA 98166
Studio
0 Bath
$3,537
Estimated Monthly
1.83%
Cap Rate
About This Property
Investment opportunity in downtown Burien! Duplex offers a total of
1500SF, with 2 bed 1 bath per unit. What sets this property apart
is its immense potential for redevelopment. Currently zoned RM 24,
the property is up for a rezone to Urban Residential, which would
allow for residential potential of 126 units per acre and up to 4
stories. This 7,500sqft lot makes it an ideal location for an
apartment site. On a corner lot with alley access and 125 feet of
frontage on 4th Ave SW, this property offers excellent visibility
and accessibility. Newer roof, a prime location just two blocks
from Burien library, transit and surrounded by a vibrant
dining/shopping scene, this property offers a great long term
investment opportunity.
Unit Size
-
Days on Market
61 days
Land Size
0.17 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$468
HOA Dues
-
Year Built
1947
Listed By
Last updated: 7 days ago (NWMLS #NWM2212915)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2024 | Listed by Berkshire Hathaway HS NW | $624,950 | |
| Listed by Berkshire Hathaway HS NW | |||
| Apr 14, 2022 | Sold | $500,000 | |
| Sold | |||
Property Highlights
Parking Details
Total Number of Parking: 6
Interior Details
Interior Information
Interior Features: Hardwood, Laminate, Wall to Wall Carpet
Flooring Type: Hardwood, Laminate, Carpet
Exterior Details
Property Information
Square Footage Source: KCR
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi-Family
Year Built: 1947
Year Built Effective: 1947
Energy Source: Natural Gas
Building Information
Structure Type: Duplex
Building Area Total: 1500
Building Area Units: Square Feet
Site Features: Fenced-Partially
Roof: Composition
Exterior Information
Exterior Features: Cement/Concrete
Lot Information
Lot Size Source: KCR
Zoning Jurisdiction: City
Lot Features: Alley, Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land
Lot Size Acres: 0.1722
Lot Size Square Feet: 7500
Lot Size Dimensions: 60 x 125
Elevation Units: Feet
Financial Details
Tax Year: 2023
Tax Annual Amount: $5,618
Utilities Details
Water Company: KCW District 49
Power Company: PSE
Sewer Company: SW Suburban
Cooling: Yes
Heating: Yes
Sewer : Sewer Connected
Location Details
Directions: GPS is correct
Other Details
Selling Agency Compensation: 2.5
On Market Date: 2024-03-21
15325 4th Avenue SW
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Commercial
Loft
-
-
$600,000
Feb 25, 2022
$600,000
May 3, 2022
$371/mo
House
4
Beds
4
Baths
-
$705,000
Dec 12, 2023
$705,000
Jan 29, 2024
$183/mo
House
3
Beds
1
Bath
-
$733,000
Feb 15, 2024
$733,000
Mar 6, 2024
$561/mo
House
4
Beds
2
Baths
-
$530,000
Feb 7, 2024
$530,000
Mar 19, 2024
$566/mo
House
2
Beds
1
Bath
-
$535,000
Nov 9, 2023
$535,000
Dec 29, 2023
$375/mo
House
4
Beds
2
Baths
-
$690,000
Jun 7, 2013
$690,000
Oct 2, 2013
$595/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
15325 4th Avenue Southwest
15325 4th Avenue Southwest, Seattle, WA 98166
- 1 Unit for Sale
About Burien Lake View
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Listed by: Justin O'Dell
Listed Office: Berkshire Hathaway HS NW - Listing courtesy of NWMLS
Phone: 206-932-4500
Last Updated: 2024-05-14 19:38:44
Data Source: NWMLS, MLS# NWM2212915
Details provided by NWMLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Berkshire Hathaway HS NW - Listing courtesy of NWMLS
Phone: 206-932-4500
Last Updated: 2024-05-14 19:38:44
Data Source: NWMLS, MLS# NWM2212915
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). 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, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by RH Advisors, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
