15325 4th Avenue SW Burien, WA $ 624,950
15325 4th Avenue SW
$ 624,950
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15325 4th Avenue SW

Burien, WA, 98166
$ 624,950
Baths0.0 Sq 1,500

Monthly Estimate*

$ 4,365

Listed by Berkshire Hathaway HS NW
15325 4th Avenue SW, Burien, WA 98166 - Image 1
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15325 4th Avenue SW, Burien, WA 98166 - Image 10
15325 4th Avenue SW, Burien, WA 98166 - Image 11
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15325 4th Avenue SW, Burien, WA 98166 - Image 17
Studio

Multi-Family Home for sale in Burien, WA

for $624,950. This 1,500 square foot home was built in 1947 on a lot size of 0.1722.

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.

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Multi-Family Active

Price

$ 624,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,618

Style

Duplex

Lot Size

0.1722

Year Built

1947

Town/City

Burien

County/Region

King

MLS | Web ID

2212915

Features
General
Interior Features Hardwood Laminate Wall to Wall Carpet
Sewer Sewer Connected
Heating Ductless HP-Mini Split Wall Unit(s)
Cooling Ductless HP-Mini Split
Possession Closing Tenant's Rights
Roof Composition
Exterior Features Cement/Concrete
HOA 0
Security Features FullyFenced
Year Built 1947
Property SubType Multi-Family
Tax Year 2023
County King
Net Operating Income 24008
Insurance Expense 1200
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Downtown Burien
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS is correct
High School Highline High
City Burien
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Highline
Open Parking Spaces 6
Total Units 2
MLS Area 130 - Burien/Normandy Park
Lot Size Square Feet 7500
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 4th
Listing Terms Cash Out Conventional VA Loan
Elementary School Gregory Heights Elem
Tax Annual Amount 5618
Electric Expense 2916
Fuel Expense 1254
Middle/Junior High School Sylvester Mid
Public Remarks 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
Leasable Area 1500
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company KCW District 49
Units Below Grade true
Units In Building Total 2
Zoning Class Multi-Family
Water Sewer Garbage 2204
Property Style 52 - Duplex
Cap Rate 3.8
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Interior
Flooring Hardwood Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Alley Corner Lot Curbs Open Space Paved Sidewalk Value In Land
Total Parking 6
Building Area Total 1500
Lot Dimensions 60 x 125
Lot Size Acres 0.1722
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Spaces 6
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Internal Only
OriginalMLSID NWM2212915
Street Number 1 15325
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* Excluded Features
List By
Justin O'Dell

Listing Agent

Berkshire Hathaway Hs Nw

Broker

Affordability Calculator

$4,834
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,365
Monthly Property Taxes
$468
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258568 Elementary School
257160 Middle School
Highline High High School
Pricing History
DatePricePrice ChangeDescription
3/21/2024$624,950 Listed Price

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15325 4th Avenue SW, Burien, WA, 98166 is a Multi-Family Home for sale at $624,950 with 1,500 sqft and a lot size of 0.1722. 15325 4th Avenue SW is a studio with 0.0 baths and was built in 1947. The property's zip code is 98166 which is in Burien, WA