15801 4th Avenue South

Burien, WA 98148

$2,900,000
Price
17
Beds
16
Baths
14,255 Sq. Ft.
$203 / Sq. Ft.
14,255
Sq. Ft.
$203
per Sq. Ft.

Description

Built in 1967, the Burien Sky Apartments sit on a 19,800 sqft lot surrounded by trees and greenery, offering a peaceful setting just minutes from downtown Burien. The units are large and offer a unique mix with 2 – 2Bd/2Bth units (1,500sqft), 6 – 1Bd flats and 7 – 1Bd “townhouse” style units with two levels of living space. Four of the units have been tastefully updated and feature in-unit washer/dryers. Upper-level units enjoy territorial views to the west. The apartments have functional layouts,...Built in 1967, the Burien Sky Apartments sit on a 19,800 sqft lot surrounded by trees and greenery, offering a peaceful setting just minutes from downtown Burien. The units are large and offer a unique mix with 2 – 2Bd/2Bth units (1,500sqft), 6 – 1Bd flats and 7 – 1Bd “townhouse” style units with two levels of living space. Four of the units have been tastefully updated and feature in-unit washer/dryers. Upper-level units enjoy territorial views to the west. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, and private balconies. New ownership can immediately push income and take advantage of a strong, rising rental market and has the option to add further value through a renovation.
  1. Listed by Ryan Iles • Paragon Real Estate Advisors

Property Details for 15801 4th Avenue South

Community Name
Bow Lake
School District
Highline
Number of Assigned Spaces
18
Total Covered Parking
0
Entry Date
10-18-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:27 PM

Property Details for 15801 4th Avenue South

StatusActive
MLS #2303401
Days on Market64
Cumulative Days on Market171
Taxes$35,802 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.45 AC / 19,800 SF
CountyKing County

Building Information for 15801 4th Avenue South

Stories4Residences15Year Built1967Building Size-Lot Size0.45 AC / 19,800 SF

Property Information for 15801 4th Avenue South

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 130 - Burien/Normandy Park
  • Directions: From Downtown Seattle, get on Hwy 99 S. Continue to WA-509. Follow WA-509 S to S 160th St in Burien. Take the S 160th St exit from WA-509 S. Continue on S 160th St. Take Des Moines Memorial Dr.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 18.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 21735
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 37
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 2023049524
  • Calculated Square Footage: 14255
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 14255.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 18
  • Number of Stories in Building: 4
  • Vacancy Rate: 4
  • Number Of Units Total: 15
  • Units Below Grade: false
  • Units In Building Total: 15
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 98933
  • Gross Adjusted Income: 239731
  • Gross Rent Multiplier: 11.61
  • Gross Scheduled Income: $249,720
  • Insurance Expense: $10,002
  • Net Operating Income: $140,798
  • Other Expenses: $31,394
  • Total Monthly Income: 20810
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1500
  • Rent Unit 1: $1,550.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 800
  • Rent Unit 2: $1,275.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 800
  • Rent Unit 3: $1,225.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 800
  • Rent Unit 4: $1,550.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1500
  • Rent Unit 5: $1,875.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: 6
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 800
  • Rent Unit 6: $1,495.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 800
  • Rent Unit 7: $1,275.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 800
  • Rent Unit 8: $1,225.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 9
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 850
  • Rent Unit 9: $1,295.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 10
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 850
  • Rent Unit 10: $1,350.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 11
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 850
  • Rent Unit 11: $1,125.00
  • Bedrooms Unit 11: 1
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 12
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 850
  • Rent Unit 12: $1,350.00
  • Bedrooms Unit 12: 1
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 13
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: true
  • Square Feet Unit 13: 850
  • Rent Unit 13: $1,495.00
  • Bedrooms Unit 13: 1
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 14
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: true
  • Square Feet Unit 14: 850
  • Rent Unit 14: $1,125.00
  • Bedrooms Unit 14: 1
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: 15
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: true
  • Square Feet Unit 15: 850
  • Rent Unit 15: $1,300.00
  • Bedrooms Unit 15: 1
  • Bathrooms Unit 15: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 14255.0
  • Leasable Area Units: Square Feet

Property History for 15801 4th Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 15801 4th Avenue South

Taxable ValueLand$257,400Additions$2,935,600Total$3,193,000
Tax Record2024$35,802 ($2,983 / month)
Home Facts
Total Finished SqFt14,250 SqFtAbove Ground SqFt14,250 SqFtStories4Lot Size19,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1967Year Renovated1996ZoningRM-24CountyKINGAPN202304-9524Fireplace TypeHas Fireplace

Schools near 15801 4th Avenue South

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 - PK to 12
Rating
School
Distance
Gregory Heights Elementary School
PublicPK to 5

Glacier 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.

Similar Homes

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15801 4th Avenue South is a multi-family home for sale in Burien, WA 98148. This property was listed for sale on October 18, 2024 by Paragon Real Estate Advisors, it's currently listed at $2,900,000. It has been on the market for a total of 64 days and was last sold on July 29, 2013. This listing's school district is Highline School District. Nearby schools include Gregory Heights Elementary School, Glacier Middle School and Highline High School. 15801 4th Avenue South is a 17-bed, 16-bath, 14,255 sqft multi-family home built in 1967.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paragon Real Estate Advisors

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.