12623 42nd Avenue

Tukwila, WA 98178

About this property

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-bed, 3-bath, 2,780 SF home producing rental income from day one. Zoned Community Residential (CR), it subdivides at 5,000 SF minimum lot sqf, with density that scales by lot size to roughly 18 units across the site. Flexible zoning lets you build the mix the market wants: single-family, duplexes, triplexes, fourplexes, townhomes, stacked flats, cottage housing, and ADUs/DADUs. (Buyer to verify.) Hold the existing home for income while you entitle, then keep it on its own lot or redevelop to full density. Topography survey and geo-tech report already completed. Site previously had 3 houses and a detached garage; one house remains, but utility connections to the removed structures are still on site. Developer-friendly terms. Ideal for developers, investors, non-profits, or anyone building a private multi-generational compound.

About this property

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-bed, 3-bath, 2,780 SF home producing rental income from day one. Zoned Community Residential (CR), it subdivides at 5,000 SF minimum lot sqf, with density that scales by lot size to roughly 18 units across the site. Flexible zoning lets you build the mix the market wants: single-family, duplexes, triplexes, fourplexes, townhomes, stacked flats, cottage housing, and ADUs/DADUs. (Buyer to verify.) Hold the existing home for income while you entitle, then keep it on its own lot or redevelop to full density. Topography survey and geo-tech report already completed. Site previously had 3 houses and a detached garage; one house remains, but utility connections to the removed structures are still on site. Developer-friendly terms. Ideal for developers, investors, non-profits, or anyone building a private multi-generational compound.

Features and Additional Information

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$1,200,000 Active
5 Bed(s)
3
Baths
2,780 sqft

Presented By Coldwell Banker 360 Team

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Get in touch today! Phone: 1-360-675-5915
Brokerage
WPI Real Estate Services, Inc.
1-206-522-8172
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Area Information

130 Burien | Normandy Park | King County | Boulevard Park

$ 1,200,000
This listing is play_arrow 101.8% higher than the average in the area
$ 594,700 in the area
2,780 SqFt
This listing is play_arrow 106.7% larger than the average in the area
1,345 SqFt in the area
$ 432 $/SqFt
This listing is play_arrow 2.4% less than the average in the area
$ 442 $/SqFt in the area
100 days on site
This listing is play_arrow 112.8% above the average in the area
47 days on site in the area

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Listed By Nick Leung
Brokerage: WPI Real Estate Services, Inc.

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