15325 4th Avenue Southwest

15325 4th Avenue Southwest

Burien, WA 98166

$624,950
Price
4
Beds
2
Baths
1,500 Sq. Ft.
$417 / Sq. Ft.
1,500
Sq. Ft.
$417
per Sq. Ft.
front view of house with a yard
an aerial view of a house
a view of a patio with table and chairs potted plants
a view of a city
a view of a chairs and table in the balcony
an aerial view of a house with a swimming pool
a view of a chairs and tables in the patio
a swimming pool view with a seating space
an aerial view of a city
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aerial view of a city
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an aerial view of a city
Listing provided courtesy of Berkshire Hathaway HS NW

Description

Investment opportunity in downtown Burien! Duplex offers a total of 1500SF, with 2 bed 1 bath per unit. What sets this property apart is its immense potential for redevelopment. Currently zoned RM 24, the property is up for a rezone to Urban Residential, which would allow for residential potential of 126 units per acre and up to 4 stories. This 7,500sqft lot makes it an ideal location for an apartment site. On a corner lot with alley access and 125 feet of frontage on 4th Ave SW, this property offers...Investment opportunity in downtown Burien! Duplex offers a total of 1500SF, with 2 bed 1 bath per unit. What sets this property apart is its immense potential for redevelopment. Currently zoned RM 24, the property is up for a rezone to Urban Residential, which would allow for residential potential of 126 units per acre and up to 4 stories. This 7,500sqft lot makes it an ideal location for an apartment site. On a corner lot with alley access and 125 feet of frontage on 4th Ave SW, this property offers excellent visibility and accessibility. Newer roof, a prime location just two blocks from Burien library, transit and surrounded by a vibrant dining/shopping scene, this property offers a great long term investment opportunity.
  1. Listed by Justin O'Dell • Berkshire Hathaway HS NW

Property Details for 15325 4th Avenue Southwest

Community Name
Downtown Burien
School District
Highline
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
03-21-2024
Energy Source
Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Berkshire Hathaway HS NW
Add your commute
LISTING UPDATED: 03/25/2024 03:11 PM

Property Details for 15325 4th Avenue Southwest

StatusActive
MLS #2212915
Days on Market39
Cumulative Days on Market38
Taxes$5,618 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.17 AC / 7,500 SF
CountyKing County

Location

Listing Courtesy of Berkshire Hathaway HS NW
Add your commute

Building Information for 15325 4th Avenue Southwest

Stories2Residences2Year Built1947Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$3,879 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$468

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15325 4th Avenue Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially
  • Area: 130 - Burien/Normandy Park
  • Elementary School: Gregory Heights Elem
  • Middle Or Junior School: Sylvester Mid
  • High School: Highline High
  • Effective Year Built Source: Public Records
  • Directions: GPS is correct
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Hardwood, Laminate, Carpet
  • Features: Hardwood, Laminate, Wall to Wall Carpet
  • Cooling: Yes
  • Cooling: Ductless HP-Mini Split
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless HP-Mini Split, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Cement/Concrete
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 2204
  • Power Company: PSE
  • Sewer Company: SW Suburban
  • Water Company: KCW District 49
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1947
  • Photos Count: 17
Lot Information
  • Lot Details: Alley, Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land
  • Lot Size Dimensions: 60 x 125
  • Lot Size Source: KCR
  • Parcel Number Free Text: 1220000935
  • Calculated Square Footage: 1500
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1500.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 2
  • Units Below Grade: true
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $2,916
  • Total Expenses: 13192
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $36,000
  • Insurance Expense: $1,200
  • Net Operating Income: $24,008
  • Other Expenses: $0
  • Total Monthly Income: 3000
  • Fuel Expense: $1,254
Unit 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 750
  • Rent Unit 1: $1,500.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 750
  • Rent Unit 2: $1,500.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1500.0
  • Leasable Area Units: Square Feet

Property History for 15325 4th Avenue Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 15325 4th Avenue Southwest

Taxable ValueLand$278,000Additions$231,000Total$509,000
Tax Record2022$5,618 ($468 / month)
Home Facts
Baths1.8Total Finished SqFt2,150 SqFtAbove Ground SqFt1,450 SqFtFinished Basement SqFt700 SqFtStories1Lot Size7,500 SqFtStyleDuplexYear Built1947ZoningRM-24CountyKINGAPN122000-0935Fireplace TypeHas Fireplace

Schools near 15325 4th Avenue Southwest

This home is within Highline School District.
Rating
School
Type
Grades
Distance
Gregory Heights Elementary School
Public - PK to 5
Sylvester Middle School
Public - 6 to 8
Highline High School
Public - 9 to 12
Highline Public Schools Virtual Academy
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.

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More information about 15325 4th Avenue Southwest, Burien, WA 98166

15325 4th Avenue Southwest is a multi-family home for sale in Burien, WA 98166. This property was listed for sale on March 21, 2024 by Berkshire Hathaway HS NW, it's currently listed at $624,950. It has been on the market for a total of 39 days and was last sold on March 17, 2022. This listing's school district is Highline School District. Nearby schools include Gregory Heights Elementary School, Sylvester Middle School and Highline High School. 15325 4th Avenue Southwest is a 4-bed, 2-bath, 1,500 sqft multi-family home built in 1947.

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 Berkshire Hathaway HS NW

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.