3740 S 142nd, Tukwila, WA 98168
3740 S 142nd, Tukwila, WA 98168
3740 S 142nd, Tukwila, WA 98168
3740 S 142nd, Tukwila, WA 98168
3740 S 142nd, Tukwila, WA 98168
3740 S 142nd, Tukwila, WA 98168
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Cory Williams

Cory Williams

+1(206) 612-1566
Listed by:Skyline Properties, Inc. • Matthew Reichlin
$ 549,950
Est. payment | /mo

2 Beds

1 Bath

1,020 SqFt

Save
$ 549,950
Est. payment | /mo
Save

2 Beds

1 Bath

1,020 SqFt

Open House

Sun Apr 26, 2:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,020 sqft

Price per Sqft $539

Subdivision Tukwila

MLS Listing ID 2512253

Style 10 - 1 Story

Bedrooms 2

Full Baths 1

Year Built 1941

Annual Tax Amount $458

Lot Size 9,546 Sqft

Property Sub-Type Single Family Residence

Property Description

This property represents a premier land bank opportunity, combining immediate rental income with massive future development upside. Existing 3-bedroom home is clean, livable, and rentable, making an ideal asset to hold while you finalize long-term plans. With new roof and mini-split heating/cooling system, home is low-maintenance and ready to be occupied or rented immediately. For investor, current house provides steady cash flow to offset holding costs. Estimated rent $2,500 per month. Solid condition and updated systems ensure high tenant demand and minimal near-term capital expenditures. The true value is the supercharged Neighborhood Commercial Center (NCC) zoning. Under Tukwila's recent 2025 code updates, the development potential has been significantly expanded to favor high-density, transit-oriented projects. New standards allow for 60-foot height limits, zero-foot setbacks, and reduced parking requirements, giving developers the flexibility to maximize the entire footprint of the lot for a vibrant mixed-use or multifamily project. Buyer to verify. Ideally located in a pedestrian-focused corridor, this site is perfectly positioned to benefit from Tukwila's rapid growth. Whether you are looking for a stable rental to add to your portfolio or a high-capacity development site near transit, this property offers a rare "best of both worlds" scenario. Secure a functional income-generator today and capitalize on its extraordinary vertical potential tomorrow.

Location

State WA

County King

Area 130 - Burien/Normandy Park

Rooms

Main Level Bedrooms 2

Interior

Flooring Carpet

Fireplace false

Appliance Dryer, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature See Remarks

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Value In Land

Story One

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Highline

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

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Cory Williams
Cory Williams

Team Leader/Broker | License ID: 108348

+1(206) 612-1566

1612 Cole St., Enumclaw, WA, 98022

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