12623 42nd Avenue S, Tukwila, WA 98178

$1,200,000
5
BD
3
BA
2,780
SqFt

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Listing courtesy of WPI Real Estate Services, Inc..

List Price
$1,200,000
Status
ACTIVE
MLS#
2564066
Days on Market
1
Bedrooms
5
Finished SqFt
2,780
Area Total SqFt
2780
Annual Tax Ammount
7975
Lot Size (sq ft)
32,500
Sewer
Available

Property Description

32,500 SF | Up to ~18 Units | CR Zoning Located at the end of a private, secluded dead-end street lined with newer construction, this site is anchored by a remodeled 5-bedroom, 3-bath, 2,780 SF home generating rental income from day one. Zoned Community Residential (CR), the site subdivides at a 5,000 SF minimum, with density that scales by lot size up to roughly 18 units across the site. Flexible zoning allows you to build the mix the market wants: single-family, duplexes, triplexes, fourplexes, townhomes, stacked flats, cottage housing, and ADUs. (Buyer to verify.) Hold the existing home for income while you entitle, then keep it on its own lot or redevelop to full density. Utilities previously served three homes on-site. The mostly flat topography means less grading and lower site-work cost. Seller is open to developer-friendly terms. Ideal for developers, investors, non-profit or a family building a private multigenerational compound.

Additional Information

Community
Boulevard Park
Style
16 - 1 Story w/Bsmnt.
Year Built
1969
Total Covered Parking
2
Roof
Composition
Tax Year
2026
School District
Tukwila
Potential Terms
Cash, Conventional, See Remarks
Driving Directions
Google Maps accurate. From E Marginal Way S, left onto S 128th St, left onto 40th Ave S, turn right onto 126th St, turn right onto 42nd Ave S. The house is at end of street.
Appliance
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer
Appliances Included
Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Natural Gas
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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