12909 East Marginal Way South

Tukwila, WA 98168

$950,000
Price
25,398 / 0.58
Lot Size / Acres

Description

Prime development potential in Riverton Area! With NCC zoning permitting multi-family, mixed-use, and commercial ventures, this property is ideal for owner/users or developers. Comprising 2 tax parcels with lot sizes of 0.344 acres and 0.239 acres, the property is currently tenant-occupied on a month-to-month basis, providing flexibility for immediate use or redevelopment. Current monthly rental income stands at $2,500. Mins to freeway and airport. Don't miss the great investment opportunity!Prime development potential in Riverton Area! With NCC zoning permitting multi-family, mixed-use, and commercial ventures, this property is ideal for owner/users or developers. Comprising 2 tax parcels with lot sizes of 0.344 acres and 0.239 acres, the property is currently tenant-occupied on a month-to-month basis, providing flexibility for immediate use or redevelopment. Current monthly rental income stands at $2,500. Mins to freeway and airport. Don't miss the great investment opportunity!
  1. Listed by Dream Lei • Kelly Right RE of Seattle LLC

Property Details for 12909 East Marginal Way South

Community Name
Riverton
School District
Tukwila
View
Territorial
Entry Date
03-21-2024
Sewer
Available

Location

Listing Courtesy of Kelly Right RE of Seattle LLC
Add your commute
LISTING UPDATED: 04/08/2024 09:12 AM

Property Details for 12909 East Marginal Way South

StatusActive
MLS #2213206
Days on Market39
Cumulative Days on Market38
Taxes$4,614 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.58 AC
CountyKing County

Location

Listing Courtesy of Kelly Right RE of Seattle LLC
Add your commute

Building Information for 12909 East Marginal Way South

Lot Size0.58 AC

Payment Calculator

$5,569 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$385

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12909 East Marginal Way South

Summary
Location and General Information
  • Style: 43 - Comm/Industrial
  • Area: 130 - Burien/Normandy Park
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: Follow the GPS.
  • Property Sub Type: VACL
  • Road Information: County Maintained
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Carport: No
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Property
Utilities
  • Electricity: On Property
  • Electric On Property: Yes
  • Gas Available: On Property
  • Water Source: Available
  • Utilities: Natural Gas Available, Electricity Connected
Property and Assessments
  • Zoning Jurisdiction: City
  • Zoning Class: Business,Commercial,Residential,Retail
  • Lot Topography: Level
  • Possible Use: Business, Commercial, Residential, Retail
  • Preliminary Title Ordered: Yes
  • Road Responsibility: County
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 6
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Public source
  • Parcel Number Free Text: 2384200055
  • Calculated Square Footage: 0
  • Structure Type: Industrial
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 12909 East Marginal Way South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 12909 East Marginal Way South

Taxable ValueLand$193,000Additions$229,000Total$422,000
Tax Record2022$4,614 ($385 / month)
Home Facts
Beds3Baths1.8Total Finished SqFt1,270 SqFtAbove Ground SqFt1,270 SqFtStories1Lot Size15,000 SqFtStyleSingle Family ResidenceYear Built1966ZoningNCCCountyKINGAPN238420-0055

Schools near 12909 East Marginal Way South

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

Cascade View Elementary School
PublicPK to 5

Showalter Middle School
Public6 to 8

Foster Senior High School
Public9 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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12909 East Marginal Way South is a 0.58 ac of land for sale in Tukwila, WA 98168. This property was listed for sale on March 21, 2024 by Kelly Right RE of Seattle LLC, it's currently listed at $950,000. It has been on the market for a total of 39 days and was last sold on September 21, 2016. This listing's school district is Tukwila School District. Nearby schools include Thorndyke Elementary School, Cascade View Elementary School and Showalter Middle School. 12909 East Marginal Way South is a 0-bed, 0-bath, 0.58 ac of land on a 25,398 sq. ft. / 0.58 acres lot.

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 Kelly Right RE of Seattle LLC

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.