13622 51st Avenue S, Tukwila, WA 98168

$1,200,000
4,684
SqFt

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Listing courtesy of Windermere Real Estate Midtown.

List Price
$1,200,000
Status
ACTIVE
MLS#
2561535
Days on Market
0
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
4,684
Area Total SqFt
4684
Annual Tax Ammount
9724
Internet Provider
Comcast
Lot Size (sq ft)
16,555
Sewer
Sewer Connected

Property Description

13616 & 13622 51st Ave S. is an exceptional investment and/or house hacking opportunity in the heart of Tukwila! The property consists of 2 duplexes on one large private 16,555 SF lot. All 4-units are 2 bd/1 bth and live more like homes than apartments. Three of the four units have been extensively updated/remodeled and all of the units feature a W/D, fireplace, eating area off kitchen, large outdoor space, and garage or off-street parking. Both duplexes have new exterior paint and newer roofs (w/in past 5 years). Strong rental history with long-term tenants and current rent upside. Conveniently located near major transportation corridors, Seattle-Tacoma International Airport, and key employment centers, which keeps the units full and providing stable cash flow. Great investment property, multi-generational living, or for an owner-occupant who wants to live in one unit and collect rent from the other units.

Additional Information

List Date
2026-07-30 19:41:17
Community
Foster
Net Operating Income
$72,902
Gross Adjusted Income
$92,786
Gross Scheduled Income
$94,680
Total Monthly Income
$7,890
Insurance Expenses
$3,000
Water/Sewer/Garbage Expenses
$7,000
Gross Rent Multiplier
12.67
Total Expenses
$19,884
Cap Rate
6.07
Vacancy Rate
2
Total Number of Units
4
Unit Name
13622
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1946
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Other Expenses
160
Energy Source
Electric
School District
Tukwila
Elementary School
Tukwila Elem
Middle School
Showalter Mid
High School
Foster Snr High
Total Monthly Income
$7,890
Gross Scheduled Income
$94,680
Vacancy Rate
2
Gross Adjusted Income
$92,786
Tax Year
2026
Insurance Expense
$3,000
W/S/G Expenses
$7,000
Total Expenses
$19,884
Net Operating Income
$72,902
Gross Rent Multiplier
12.67
Cap Rate
6.07
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.
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