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$950,000   Price Analysis
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12909 E Marginal Way S
Tukwila, WA 98168
3 bed 2 bath 1,270 SqFt ($748/SqFt)
0.58 acre lot. Built 1966
Listed 2024-03-21, Taxes $4,614
Ⓧ USDA Ineligible
due to price & location

near Tukwila

Prime development potential in Riverton Area!

With NCC zoning permitting multi-family, mixed-use and commercial ventures, this property is ideal for owner/users or developers. Comprising 2 tax parcels with lot sizes of 0.344 acres and 0.239 acres, the property is currently tenant-occupied on a month-to-month basis, providing flexibility for immediate use or redevelopment.

Current monthly rental income stands at $2, 500. Mins to freeway and shops. Don't miss the exceptional investment opportunity!


Presented by Mengyang Lei at
Kelly Right Real Estate Seattle.
Listing Agent Photo

Property MLS #2213188 from NWMLS

Bedrooms: 3
Bedrooms Possible: 3
Bedrooms On Main Level: 3
Bedroom 1 Level: Main
Bedroom 2 Level: Main

Total Bathrooms: 1.75
Full Bathrooms: 1
3/4 Bathrooms: 1
Bathrooms On Main Level: 2
Three Quarter Bathrooms On Main Level: 1
Full Bathrooms On Main Level: 1
Bathroom 1 Level: Main
Bathroom 2 Level: Main

Laminate
Flooring: Laminate

Dishwasher
Dryer
Microwave
Refrigerator
Stove/Range
Washer

Cooling Features: Forced Air
Heating Features: Forced Air
Heating Fuel: Electric, Natural Gas
Heating: Yes

Wood

Land Lease: No
Lot Description: Paved Street, Sidewalk, ValueValue In Land
Lot Size Acres: 0.5831
Topography: Level
Lot Size Square Feet: 25398

Parking Features: RV Parking, Off Street

View: Territorial
Security Features: PartiallyFenced

Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Tukwila
Middle School: Buyer To Verify

Foster Senior High School is a public high school located approximately 0.9 miles away.
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Showalter Middle School is a public middle school located approximately 1 miles away.
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Cascade View Elementary School is a public elementary school located approximately 0.6 miles away.
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Freedom School & Tutoring Center is a private elementary and middle school located approximately 1.3 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 4614
Source Listing Status: Active
Country Region: US
County: King
Directions: Follow the GPS.
Tax Year: 2023
Source Property Type: Residential
Inclusions: Dishwasher, Dryer, Microwave, Refrigerator, StoveRange, Washer
Area: 130 - Burien/Normandy Park
List Development Name: Riverton
Source Neighborhood: Riverton
Parcel Number: 2384200055
Street Suffix Modifier: Way
Subdivision: Riverton
Zoning Description: NCC
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$229,000 + $193,000
$422,000
$4,614
2022$197,000 + $168,000
$365,000
$4,590
2021$173,000 + $148,000
$321,000
$4,015
2020$170,000 + $146,000
$316,000
$3,838
2019$148,000 + $126,000
$274,000
$3,238
2018$129,000 + $114,000
$243,000
$3,320
2017$111,000 + $103,000
$214,000
$2,844
2016$97,000 + $99,000
$196,000
$2,520
2015$87,000 + $89,000
$176,000
$6,628
2014$66,000 + $81,000
$147,000
$2,105
2013$87,000 + $66,000
$153,000
$4,515
2012$91,000 + $102,000
$193,000
$2,340
2011$97,000 + $102,000
$199,000
$2,459
2009$147,000 + $110,000
$257,000
$2,732
2007$124,000 + $110,000
$234,000
$2,578

Listed 2024-03-21
$950,000
NWMLS
Listing removed 2022-07-29
$0
NWMLS
Listed 2022-04-07
$990,000
NWMLS
Listing removed 2021-08-20
$0
NWMLS
Listed 2021-06-03
$950,000
NWMLS
Sold 2016-09-21
$390,000
NWMLS
Price Changed 2016-08-18
$395,000
NWMLS
Listed 2016-03-16
$390,000
NWMLS
Listing removed 2014-10-23
$499,950
NWMLS
Listing removed 2014-10-23
$499,950
NWMLS
Price Changed 2014-08-19
$499,950
NWMLS
Price Changed 2014-08-19
$499,950
NWMLS
Relisted 2013-10-25
$549,950
NWMLS
Relisted 2013-10-25
$549,950
NWMLS
Listing removed 2013-10-24
$549,950
NWMLS
Listing removed 2013-10-24
$549,950
NWMLS
Price Changed 2013-08-17
$549,950
NWMLS
Price Changed 2013-08-17
$549,950
NWMLS
Listed 2013-05-20
$600,000
NWMLS
Listed 2013-05-17
$600,000
NWMLS
Sold 2008-07-21
$225,000
Public Record
Sold 2004-11-05
$225,000
Public Record
Sold 2003-06-23
$200,000
Public Record
Sold 2002-03-21
$188,880
Public Record
Sold 1992-08-28
$95,000
Public Record

Total Square Feet Living: 1270
Building Area Total: 1270
Building Area Units: Square Feet
Building Features: Built On Lot
Foundation Details: Poured Concrete
Levels: One
Living Area Units: Square Feet
Property Age: 58
Roof: Composition
Structure Type: House
House Style: 1 Story
Elevation Units: Feet
Year Built Effective: 1966

Power Production Type: Electric, NaturalGas
Sewer: Sewer Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.