216 Southwest 154th Street, Unit 16

Burien, WA 98166

$2,100,000
Price
12
Beds
9
Baths
6,689 Sq. Ft.
$314 / Sq. Ft.
6,689
Sq. Ft.
$314
per Sq. Ft.

Description

Welcome to the meticulously maintained 6-unit gem in the heart of Burien(With individual tax ID numbers). Each spacious unit boasts 2 bdrms & 1.5 bths, approx. 1103sq.ft, providing comfortable living spaces. Covered parking ensures convenience, rain or shine. These 2-story homes feature cozy fireplaces & dual balconies, w/d in each unit, newer appliances, paint & flooring. Close to mass transit. Low turnover rate speaks to the quality of living here, excellent long-term tenants. Consider the flexibility:...Welcome to the meticulously maintained 6-unit gem in the heart of Burien(With individual tax ID numbers). Each spacious unit boasts 2 bdrms & 1.5 bths, approx. 1103sq.ft, providing comfortable living spaces. Covered parking ensures convenience, rain or shine. These 2-story homes feature cozy fireplaces & dual balconies, w/d in each unit, newer appliances, paint & flooring. Close to mass transit. Low turnover rate speaks to the quality of living here, excellent long-term tenants. Consider the flexibility: With below market rents, the new owner can immediately realize a rental income increase without any extra work, also retain as individual apartments or explore the potential of an HOA & sell as individual condos. A rare opportunity awaits!
  1. Listed by Dustin B. Keeth • Windermere RE/South, Inc.
  2. Listed by Dustin B. Keeth • Windermere RE/South, Inc.

Property Details for 216 Southwest 154th Street, Unit 16

Community Name
Downtown Burien
School District
Highline
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
02-20-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere RE/South, Inc.
Add your commute
LISTING UPDATED: 05/20/2024 01:30 PM

Property Details for 216 Southwest 154th Street, Unit 16

StatusActive
MLS #2201086
Days on Market103
Cumulative Days on Market103
Taxes$16,872 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.17 AC / 7,500 SF
CountyKing County

Location

Listing Courtesy of Windermere RE/South, Inc.
Add your commute

Building Information for 216 Southwest 154th Street, Unit 16

Stories3Residences6Year Built1979Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$12,867 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$1,406

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 216 Southwest 154th Street, Unit 16

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 130 - Burien/Normandy Park
  • Middle Or Junior School: Sylvester Mid
  • High School: Highline High
  • Effective Year Built Source: Public Records
  • Directions: 1st Ave, West on 154th St, Building on North side of the street
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 9247400010,9247400020,9247400030,9247400040,9247400050,9247400060
Parking
  • Number of Carport Spaces: 6.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco, Wood
  • Roof: Flat, Torch Down
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 8906.03
  • Sewer Company: SW Suburban
  • Water Company: Highline
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: tax records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1996
  • Photos Count: 9
Lot Information
  • Lot Details: Alley, Paved
  • Lot Size Dimensions: 60 x 125
  • Lot Size Source: tax records buyer 2 verify
  • Parcel Number Free Text: 9247400000
  • Building Condition: Very Good
  • Calculated Square Footage: 6689
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6689.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Unit Number: 1-6
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $254
  • Total Expenses: 44917.56
  • Gross Adjusted Income: 64222
  • Gross Rent Multiplier: 19.24
  • Gross Scheduled Income: $109,140
  • Insurance Expense: $9,885
  • Net Operating Income: $64,222
  • Other Expenses: $9,000
  • Total Monthly Income: 9095
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 6
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1138
  • Rent Unit 1: $1,600.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1103
  • Rent Unit 2: $1,595.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 1
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1103
  • Rent Unit 3: $1,600.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 5
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1103
  • Rent Unit 4: $1,500.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: 3
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1103
  • Rent Unit 5: $1,300.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 1
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: 4
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1103
  • Rent Unit 6: $1,500.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 1
  • Bathrooms Unit 6: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9793.0
  • Leasable Area Units: Square Feet

Property History for 216 Southwest 154th Street, Unit 16

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 216 Southwest 154th Street, Unit 16

This home is within Highline School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Gregory Heights Elementary School
PublicPK to 5

Sylvester Middle School
Public6 to 8

Highline High School
Public9 to 12

Highline Public Schools Virtual Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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216 Southwest 154th Street, Unit 16 is a multi-family home for sale in Burien, WA 98166. This property was listed for sale on February 20, 2024 by Windermere RE/South, Inc., it's currently listed at $2,100,000. This listing's school district is Highline School District. Nearby schools include Gregory Heights Elementary School, Sylvester Middle School and Highline High School. 216 Southwest 154th Street, Unit 16 is a 12-bed, 9-bath, 6,689 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere RE/South, Inc.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.