The Cameo Apartments is a 15-unit property in Burien with current rents below market presenting an exceptional value-add opportunity on the repositioning of this classic property. Reposition this asset by achieving current market rents or go for it & max out the investment potential of with a renovation of the units/property at your own pace. There is a mix of newer leases & long-term tenants. More than 50% of the units on MTM lease. The unit mix of the 15 units is 11 – 1-bed/1-bath units and 4 – 2-bed/1-bath units. Located a short distance to SeaTac airport & major employers such as Boeing. The central location & spacious units make it a promising asset for deploying many different investment strategies. Up & coming area with new homes!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2218767
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Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
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Parking
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Listing and Financial Details
$2,100,000
Owner financing available on agreed down payment and terms. Completely remodeled 6-plex from the ground up in the up and coming Southpark neighborhood. Mix of (4) one bedroom and one bath units and (2) studio apartments. High end upgrades throughout each unit, your tenants will enjoy custom kitchen cabinets, quartz counter tops, and washer/dryer hookups in each unit. Extra living space on
Jim Perry CENTURY 21 North Homes Realty
$1,500,000
SELLER FINANCING AVAILABLE - This 6-unit apartment building offers a prime investment opportunity in the heart of Capitol Hill with immediate value-add potential. Just a short walk from the Capitol Hill Light Rail Station, it provides residents easy access to downtown, the University District, and SeaTac Airport. The property includes a balanced unit mix: 2 studios sharing a bathroom and four
Will Douglas Paragon Real Estate Advisors
$1,620,000
Classic 1904 Foursquare perched on Queen Anne hill with amazing views from both floors! Expansive 5000+ SF corner lot w/2 off-street parking. 500+ SF view decks extend living space. Steps to everything in lower QA - Seattle Center, Space Needle, & South Lake Union tech. Best as owner-occupied w/rental income & potential 3rd floor primary suite. Home fully rented for last 15 years, see double
Robert Johnson Windermere Real Estate Co.
$1,525,000
This rare 4 Unit Eastlake property is located in one of Seattle’s most coveted neighborhoods just blocks from South Lake Union and Seattle’s technology hub. The building was fully renovated down to the studs in 2014. This extensive renovation enhanced the charm of the units that include many tasteful period upgrades. The interiors have been updated with new attractive kitchen cabinets, fixture,
Travis Kannier Westlake Associates, Inc.
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Price Changed | $1,699 | -2.9% | $2 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $1,750 | +17.1% | $2 / Sq Ft |
| 05/17/2025 05/17/25 | Price Changed | $1,495 | -3.5% | $2 / Sq Ft |
| 04/12/2025 04/12/25 | Price Changed | $1,550 | +6.9% | $2 / Sq Ft |
| 01/10/2025 01/10/25 | Price Changed | $1,450 | +9.4% | $2 / Sq Ft |
| 09/03/2024 09/03/24 | For Rent | $1,325 | 0.0% | -- |
| 07/26/2024 07/26/24 | Sold | $2,025,000 | -17.3% | $161 / Sq Ft |
| 04/19/2024 04/19/24 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | For Sale | $2,450,000 | -- | $195 / Sq Ft |
Seller's Agent in 2024
Julie Clark
eXp Realty
(206) 910-2985
3 in this area
55 Total Sales
Buyer's Agent in 2024
Nick Hemming
Paragon Real Estate Advisors
(206) 812-9105
1 in this area
45 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2218767
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