See all 19 photos

Listed by:Skyline Properties, Inc. • Matthew Reichlin

$549,950

Est. payment - /mo

Save

2 Beds

1 Bath

1,020 SqFt

Active

3740 S 142nd ST Tukwila, WA 98168

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Ryan Born

ryan@born-realty.com +1(206) 498-0342

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,020 sqft

Price per Sqft $539

Subdivision Tukwila

MLS Listing ID 2512253

Style 10 - 1 Story

Bedrooms 2

Full Baths 1

Year Built 1941

Annual Tax Amount $458

Lot Size 9,546 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State WA

County King

Area 130 - Burien/Normandy Park

Rooms

Main Level Bedrooms 2

Interior

Flooring Carpet

Fireplace false

Appliance Dryer, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature See Remarks

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Value In Land

Story One

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Highline

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Mortgage Calculator

/monthly

Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Arts & Entertainment

Food

Beauty

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Travel

Pets

Education

Taqueria El Rey

3725 S 144th St, Tukwila, WA 98168

Food Stands
Sahara Cafe

13919 Tukwila Intl Blvd, Tukwila, WA 98168

Mediterranean Phone: 206-659-4248
Juba Restaurant & Cafe

14223 Tukwila International Blvd, Tukwila, WA 98168

African Phone: 206-242-2011
Jack In The Box

3742 S 144th St, Tukwila, WA 98168

Burgers Phone: 206-242-8877
Dino’s Grill

14432 Military Rd S, Tukwila, WA 98168

Mediterranean Phone: 206-518-5195
Subway

3725 S 144th St, Tukwila, WA 98168

Fast Food Phone: 206-242-2900

Educational Environment

Elementary Schools (1)

Name