Listed by Best Choice Realty LLC
$1,800,000

Estimated payment $10,989/month

Total Views 679
7 Beds
2 Baths
2,940 Sq Ft
$612 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Flooring
  • Forced Air Heating System
  • 1.85 Acre Lot
  • No HOA
  • Wood Siding

About This Home

Prime development opportunity in Burien! Two adjacent parcels, 14040 & 14056 8th Ave S, a combined 1.87 acres of versatile land in a sought-after location. With mixed-use zoning, the property presents possibilities for DADU, commercial, or multi-family development. The site includes two existing structures—one used as a commercial space and the other as a rental home—providing immediate income potential while planning future projects. Recent upgrades include plumbing and interior enhancements. Permit for fill have already been secured. Easy city to work with. Conveniently situated near major highways, transit options, and amenities, this is an excellent investment for developers or investors looking to maximize value.

Listing Agent

Jessie Jones

Best Choice Realty LLC License #140281 Listed on: 07/21/2025

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2411726

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,353

Year Built

  • Built in 1944

Lot Details

  • 1.85 Acre Lot
  • 172304-9037

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,940 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Parking

  • 13 Parking Spaces
  • 1 Covered Space
  • Open Parking

Utilities

  • Forced Air Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Burien Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1723049268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,353

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1944
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2940
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 7

Interior Features

  • Possible Use: Commercial, Multi-Family, Residential
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 13
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Available, Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Southwest Suburban Sewer
  • WaterCompany: Water District 20
  • WaterSewerGarbage: 2200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 4500

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 1723049268
  • Lot Size Acres: 1.8475
  • Lot Size Sq Ft: 80477
  • Additional Parcels Description: 172304-9037
  • Zoning Description: Commercial,Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 26
  • LeasedItems: None
  • TotalMonthlyIncome: 5750

Multi Family

  • Gross Scheduled Income: 69000
  • Net Operating Income: 44217
  • Number Of Units Total: 2
  • Electric Expense: 380
  • Insurance Expense: 1900
  • Leasable Area: 2940
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 12353

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,299 $560,000 $384,000 $176,000
2023 $5,974 $509,000 $379,000 $130,000
2022 $5,666 $538,000 $379,000 $159,000
2021 $5,209 $454,000 $320,000 $134,000
2020 $4,596 $402,000 $283,000 $119,000
2018 $4,233 $337,000 $247,000 $90,000
2017 $3,542 $296,000 $215,000 $81,000
2016 $3,053 $249,000 $193,000 $56,000
2015 $2,798 $221,000 $176,000 $45,000
2014 -- $193,000 $156,000 $37,000
2013 -- $179,000 $112,000 $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $750,000 -58.3% $524 / Sq Ft
07/21/2025 07/21/25 For Sale $1,800,000 -- $612 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $561,000 Cw Title
Warranty Deed $79,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $448,800 New Conventional
Previous Owner $181,792 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2411726

Northwest Multiple Listing Service (NWMLS)

APN: 172304-9037