423 SW 155th St

8
Baths
5,104 Sq. Ft.
$289 / Sq. Ft.
5,104
Sq. Ft.
$289
per Sq. Ft.

Description

This 8-unit apartment building presents an enticing investment opportunity in prime Burien location. Investors can benefit from a well-maintained property built in 2009, featuring modern standards and low maintenance. The high walk score enhances tenant appeal, making it an attractive living option. The two vacant units offer immediate market leasing potential and increased income. This building offers investors reliable cash flow immediately with optimistic income projections.This 8-unit apartment building presents an enticing investment opportunity in prime Burien location. Investors can benefit from a well-maintained property built in 2009, featuring modern standards and low maintenance. The high walk score enhances tenant appeal, making it an attractive living option. The two vacant units offer immediate market leasing potential and increased income. This building offers investors reliable cash flow immediately with optimistic income projections.
  1. Listed by Matt Klewin • Windermere RE West Campus Inc
  2. Listed by Tanner Fogle • Paragon Real Estate Advisors

Property Details for 423 Southwest 155th Street

Community Name
Burien
School District
Highline
View
Mountain(s), Partial, Territorial
Number of Assigned Spaces
16
Total Covered Parking
0
Entry Date
01-13-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 01/13/2026 07:43 PM

Property Details for 423 Southwest 155th Street

StatusActive
MLS #2467107
Days on Market9
Cumulative Days on Market9
Taxes$18,141 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2009
Lot Size0.17 AC / 7,500 SF
CountyKing County

Location

Listing Courtesy of Windermere RE West Campus Inc; Paragon Real Estate Advisors
Add your commute

Building Information for 423 Southwest 155th Street

Stories2Residences8Year Built2009Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$8,701 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,189

Property Taxes

$1,512

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 423 Southwest 155th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Deck, Patio
  • Area: 130 - Burien/Normandy Park
  • Block: 27
  • Directions: From Ambaum Blvd. SW, go south on SW 155th St. GPS works well.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 16.0
  • Open Parking: Yes
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
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Amenities: Coin Op Laundry,Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 11741
  • Power Company: PSE
  • Water Company: SW Suburban
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 6
Lot Information
  • Lot Details: Paved
  • Lot Number: 6
  • Lot Size Source: KCR
  • Parcel Number Free Text: 1220001221
  • Building Condition: Very Good
  • Calculated Square Footage: 5104
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5104.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Total Uncovered Parking: 0
  • Number of Uncovered Spaces: 16
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 50841
  • Gross Adjusted Income: 127680
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $134,400
  • Insurance Expense: $5,000
  • Net Operating Income: $80,007
  • Other Expenses: $15,959
  • Total Monthly Income: 10904
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 600
  • Rent Unit 1: $1,050.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 600
  • Rent Unit 2: $1,600.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 700
  • Rent Unit 3: $1,250.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 700
  • Rent Unit 4: $1,500.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 600
  • Rent Unit 5: $1,600.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 600
  • Rent Unit 6: $1,250.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 700
  • Rent Unit 7: $1,800.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 700
  • Rent Unit 8: $1,800.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5200.0

Property History for 423 Southwest 155th Street

DateEvent & SourcePriceAppreciation
Jan 13, 2026

Listed (Active)

NWMLS #2467107

$1,475,000—
Sep 27, 2000

Sold

NWMLS #20081211

$429,000—
Aug 24, 2000

Pending

NWMLS #20081211

—
Jun 28, 2000

Listed (Active)

NWMLS #20081211

$439,000—
DateEvent & SourcePrice
01/13/2026

Listed (Active)

NWMLS #2467107

$1,475,000
09/27/2000

Sold

NWMLS #20081211

$429,000
08/24/2000

Pending

NWMLS #20081211

—
06/28/2000

Listed (Active)

NWMLS #20081211

$439,000

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

Public Records for 423 Southwest 155th Street

Taxable ValueLand$195,000Additions$1,437,000Total$1,632,000
Tax Record2024$19,419 ($1,618 / month)
Home Facts
Total Finished SqFt5,120 SqFtAbove Ground SqFt5,120 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built2009ZoningRM-24CountyKINGAPN122000-1221

Schools near 423 Southwest 155th Street

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

Similar Sold Homes

423 Southwest 155th Street is a multi-family home for sale in Burien, WA 98166. This property was listed for sale on January 13, 2026 by Windermere RE West Campus Inc, it's currently listed at $1,475,000. It has been on the market for a total of 9 days and was last sold on September 27, 2000. This listing's school district is Highline School District. Nearby schools include Gregory Heights Elementary School, Sylvester Middle School and Highline High School. 423 Southwest 155th Street is a 12-bed, 8-bath, 5,104 sqft multi-family home built in 2009.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere RE West Campus Inc; Paragon Real Estate Advisors

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/22/2026 03:29 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.