Listed by Paragon Real Estate Advisors
$2,050,000

1017 SW 154th St Burien, WA 98166

Lake Burien Neighborhood

Estimated payment $12,758/month

20 Beds
10 Baths
9,250 Sq Ft
$222 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

Built in 1967, the Holly Lane Apartments sit on a 12,846 sqft lot in a peaceful lakeside neighborhood in the heart of downtown Burien. The building is comprised of 10 spacious two-bedroom/one-bathroom floor plans that average 925 sqft. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, and private balconies/patios. The units have been well maintained with a mix of “classic” interior finishes and light updates such as LVP flooring and appliances. Building features and amenity spaces include a very large common laundry area on the lower level, secure resident and manager/owner storage lockers and a large office space suitable for a property manager.

Listing Agent

Ryan Iles

Paragon Real Estate Advisors License #108410 Listed on: 09/12/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2432556

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,015

Year Built

  • Built in 1967

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 9,250 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Parking

  • 16 Parking Spaces
  • Open Parking

Additional Features

  • 0.29 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Burien Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1923049122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,015

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1967
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 9250
  • Special Features: None

Interior Features

  • Total Bedrooms: 20
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Concrete, Wood
  • Exterior Features: Cement/Concrete, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 25966

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 1923049122
  • Lot Size Acres: 0.2949
  • Lot Size Sq Ft: 12846
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.46
  • LeasedItems: None
  • TotalMonthlyIncome: 14905

Multi Family

  • Gross Scheduled Income: 178860
  • Net Operating Income: 81165
  • Number Of Units Total: 10
  • Insurance Expense: 11500
  • Leasable Area: 9250
  • EnergySource: Electric
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 22015

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $2,050,000 -- $222 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2432556

Northwest Multiple Listing Service (NWMLS)
Washington King County Burien 98166 Lake Burien

1017 SW 154th St, Burien, WA

This home is located at 1017 SW 154th St, Burien, WA 98166 and is currently priced at $2,050,000, approximately $221 per square foot. This property was built in 1967. 1017 SW 154th St is a home located in King County with nearby schools including Gregory Heights Elementary School, Sylvester Middle School, and Highline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Ryan Iles
Listing Agent
Ryan Iles
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Paragon Real Estate Advisors
(206) 752-2034