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Sold Closed June 18, 2026
$490,000
2 Bedrooms
1 Bathroom
1,020 Sqft House
Built 1941
9,546 Sqft Lot
No Garage
SALE HISTORY
List price was $549,950
It took 17 days to go pending.
Then 38 days to close at $490,000
Closed at $480/SQFT.
This property represents a premier land bank opportunity, combining immediate rental income with massive future development upside. Existing 3-bedroom home is clean, livable, and rentable, making an ideal asset to hold while you finalize long-term plans. With new roof and mini-split heating/cooling system, home is low-maintenance and ready to be occupied or rented immediately. For investor, current house provides steady cash flow to offset holding costs. Estimated rent $2,500 per month. Solid condition and updated systems ensure high tenant demand and minimal near-term capital expenditures. The true value is the supercharged Neighborhood Commercial Center (NCC) zoning. Under Tukwila's recent 2025 code updates, the development potential has been significantly expanded to favor high-density, transit-oriented projects. New standards allow for 60-foot height limits, zero-foot setbacks, and reduced parking requirements, giving developers the flexibility to maximize the entire footprint of the lot for a vibrant mixed-use or multifamily project. Buyer to verify. Ideally located in a pedestrian-focused corridor, this site is perfectly positioned to benefit from Tukwila’s rapid growth. Whether you are looking for a stable rental to add to your portfolio or a high-capacity development site near transit, this property offers a rare "best of both worlds" scenario. Secure a functional income-generator today and capitalize on its extraordinary vertical potential tomorrow.
Offer Review Date
This listing's offer review date was Wednesday, April 29, 2026.
Listing source NWMLS MLS #
2512253
Listed by
Matthew Reichlin, Skyline Properties, Inc.
Buyer's broker
Leah Hasson, Real Broker LLC
Contact our
Tukwila
Real Estate Lead
TPG Realty | Keller Williams
Phone...
Bedroom & Bathroom Layout
MAIN
BDRM
BDRM
FULL
BATH
Property History
Jun 24, 2026
Sold
$490,000
NWMLS #2513600
Jun 24, 2026
Sold
$490,000
NWMLS #2512253
May 22, 2026
Went Pending
$549,950
NWMLS #2513600
May 22, 2026
Went Pending
$549,950
NWMLS #2512253
May 13, 2026
Went Pending Inspection
$549,950
NWMLS #2513600
May 12, 2026
Went Pending Inspection
$549,950
NWMLS #2512253
Apr 26, 2026
Listed
$549,950
NWMLS #2513600
Apr 24, 2026
Listed
$549,950
NWMLS #2512253
More
Listing Details
  • Sale Price
    $490,000
  • Closing Date
    June 18, 2026
  • Last List Price
    $549,950
  • Original Price
    Same
  • List Date
    April 24, 2026
  • Pending Date
    May 11, 2026
  • Days to go Pending
    17 days
  • $/sqft (Total)
    $480/sqft
  • $/sqft (Finished)
    $480/sqft
  • Listing Source
  • MLS Number
    2512253
  • Listing Broker
    Matthew Reichlin
  • Listing Office
    Skyline Properties, Inc.
  • Buyer's Broker
    Leah Hasson
  • Buyer Broker's Firm
    Real Broker LLC
Monthly Payment Estimate
  • Principal and Interest
    $2,569 / month
  • Property Taxes
    $38 / month
  • Homeowners Insurance
    $103 / month
  • TOTAL
    $2,710 / month

  • based on 20% down
    ($98,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
House Details
  • Sqft (Total)
    1,020 sqft
  • Sqft (Finished)
    1,020 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    House
  • Sub Type
    1 Story
  • Bedrooms
    2 Bedrooms
  • Bathrooms
    1 Bathroom
  • Lot
    9,546 sqft Lot
  • Lot Size Source
    King County
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    1 story
  • Sqft Source
    King County
Property Tax Info
  • 2025 Property Taxes
    $458 / year
  • Yes Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Highline
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Parking
  • Covered
    Unspecified
  • Types
    Driveway
    None
  • Has Garage
    No
Construction
  • Year Built
    1941
  • Home Builder
    Unspecified
Cooling
  • Includes
    Ductless
Heating
  • Includes
    Ductless
Interior
  • Flooring
    Carpet
Property
  • Lot Features
    Paved
    Value In Land
Appliances
  • Included
    Dryer
    Refrigerator
    Stove(s)/Range(s)
    Washer
Terms
  • Bank Owned (REO)
    No
Utilities
  • Energy
    Electric
  • Sewer
    Sewer Connected
  • Water Source
    Public
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    Yes
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 130
  • Number of Photos
    19
  • Last Modification Time
    Wednesday, June 24, 2026 1:50 PM
  • System Listing ID
    5546858
Update Info
  • Closed
    2026-06-24 14:16:07
  • Pending Or Ctg
    2026-05-22 04:06:17
  • First For Sale
    2026-04-28 06:44:54
Listing details based on information submitted to the MLS GRID as of Wednesday, June 24, 2026 1:50 PM. 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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Sold June 18, 2026
$490,000   $549,950
2 BR    1 BA    1,020 SQFT  
NWMLS #2512253. Matthew Reichlin, Skyline Properties, Inc.
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.