4617 South 189th Street
4617 South 189th Street
SeaTac, WA 98188
$800,000
Last Sold Price
12
Beds
4
Baths
3,996 Sq. Ft.
$200 / Sq. Ft.
3,996
Sq. Ft.
$200
per Sq. Ft.
Sold 4/13/21
Sold 4/13/21
Listing provided courtesy of John L. Scott, Inc
Description
Amazing Investment Opportunity, Nice 4 Plex conveniently located minutes off the freeway in Seatac, Fully Rented, Spacious 1000 sq ft 3 bedroom units, all leases are month to month so lots of upside potential, current rents are below market, units are in average condition, update the units and get even more rent, this is a cash cow, Separate laundry room, brand new roof, plenty of parking, Great location close to buses, I-5, and parksAmazing Investment Opportunity, Nice 4 Plex conveniently located minutes off the freeway in Seatac, Fully Rented, Spacious 1000 sq ft 3 bedroom units, all leases are month to month so lots of upside potential, current rents are below market, units are in average condition, update the units and get even more rent, this is a cash cow, Separate laundry room, brand new roof, plenty of parking, Great location close to buses, I-5, and parks
- Listed by Thach N. Nguyen • John L. Scott, Inc
Property Details for 4617 South 189th Street
Community Name
SeaTac
School DistrictHighline
ViewTerritorial
Number of Assigned Spaces9
Total Covered Parking0
Offers Review Date11-30-2020
Entry Date11-27-2020
Energy SourceElectric
Location
Listing Courtesy of John L. Scott, Inc![]()
Sold By John L. Scott, Inc
Add your commute
LISTING UPDATED: 04/14/2021 03:05 PM
Property Details for 4617 South 189th Street
| Status | Sold |
|---|---|
| MLS # | 1693190 |
| Days on Market | 3 |
| Cumulative Days on Market | 1075 |
| Taxes | $9,406 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1976 |
| Lot Size | 0.22 AC / 9,567 SF |
| County | King County |
Location
Listing Courtesy of John L. Scott, Inc![]()
Sold By John L. Scott, Inc
Add your commute
Building Information for 4617 South 189th Street
Stories2Residences4Year Built1976Building Size-Lot Size0.22 AC / 9,567 SF
Payment Calculator
$5,150 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,366
Property Taxes
$784
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4617 South 189th Street
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Fenced-Partially
- Area: 130 - Burien/Normandy Park
- Block: 119
- Elementary School: Bow Lake Elem
- Middle Or Junior School: Chinook Mid
- High School: Tyee High
- Directions: From I-5 take 188th St Exit go west to first stop light turn left, go one block and turn left, the property is on the right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2020
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 9.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Laminate, Vinyl, Carpet
- Amenities: Storage
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Radiant
- Water Source: Public
- Water/Sewer/Garbage: 4000
- Power Company: PSE
- Sewer Company: Midway Sewer District
- Water Company: Highline Water District
- Power Production Type: Electric
- Utilities: Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 5
Lot Information
- Lot Details: Alley, Corner Lot, Paved
- Lot Number: 7
- Lot Size Source: Realist
- Parcel Number Free Text: 2076800010
- Calculated Square Footage: 3996
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3996.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 9
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $800
- Total Expenses: 16204
- Gross Adjusted Income: 69000
- Gross Rent Multiplier: 11
- Gross Scheduled Income: $69,000
- Insurance Expense: $1,998
- Net Operating Income: $52,796
- Other Expenses: $0
- Total Monthly Income: 5750
- Fuel Expense: $0
Unit 1
- Name Unit 1: 4617
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1000
- Rent Unit 1: $1,350.00
- Bedrooms Unit 1: 3
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 4619
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1000
- Rent Unit 2: $1,500.00
- Bedrooms Unit 2: 3
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 4621
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 1000
- Rent Unit 3: $1,500.00
- Bedrooms Unit 3: 3
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4623
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 1000
- Rent Unit 4: $1,400.00
- Bedrooms Unit 4: 3
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3996.0
- Leasable Area Units: Square Feet
Property History for 4617 South 189th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4617 South 189th Street
Taxable ValueLand$184,000Additions$792,000Total$976,000
Tax Record2022$10,802 ($900 / month)
Home Facts
Total Finished SqFt3,996 SqFtAbove Ground SqFt3,996 SqFtStories2Lot Size9,567 SqFtStyleMulti-Family Dwelling (2-4)Year Built1976Year Renovated2001ZoningUM-3600CountyKINGAPN207680-0010
Schools near 4617 South 189th 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 - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Bow Lake Elementary School PublicPK to 5 | ||
Chinook Middle School Public6 to 8 | ||
Tyee High School Public9 to 12 | ||
Global Connections 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.
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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 John L. Scott, 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.