Listed by Westlake Associates, Inc.
$1,950,000

Estimated payment $11,884/month

Total Views 637
15 Beds
10 Baths
8,034 Sq Ft
$243 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Partially Fenced Property

About This Home

Seahurst 9 is a solid 9-unit apartment building on sale for the first time in 30 years. Located in the desirable Seahurst neighborhood of Burien, this 1962-build sits on a spacious 10,722 SF lot zoned MU-1, supporting mixed-use redevelopment with a 55-ft height limit. Ideal for multi-family, townhomes, retail, restaurants, or professional offices, offers versatile potential in a market with low competition and rising rents. With 1-, 2-, & 3-bed units averaging 651 SF, featuring hardwood floors, copper plumbing, and durable brick exterior, the site combines immediate rental income with long-term growth opportunities. Seller financing available or cash out—perfect for investors seeking stability in South King County's resilient economy.

Listing Agent

Chad Martini

Westlake Associates, Inc. License #118627 Listed on: 07/10/2025

Co-Listing Agent

David Petersen

Westlake Associates, Inc. License #7352

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2426404

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,931

Year Built

  • Built in 1962

Lot Details

  • 10,722 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 8,034 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Bathrooms

Parking

  • 11 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Seahurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7635800480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,931

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1962
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 8034
  • Special Features: None

Interior Features

  • Total Bedrooms: 15
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Coin Op Laundry,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Brick, Wood
  • Exterior Features: Brick, Wood
  • Foundation Details: Slab
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 11
  • Open Parking: Yes
  • Total Parking Spaces: 11
  • ParkingUncoveredSpaces: 11

Utilities

  • Sewer: Sewer Connected
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 12275

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7635800480
  • Lot Size Acres: 0.2461
  • Lot Size Sq Ft: 10722
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: King County Assessor
  • MLSSquareFootageSource: King County Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.97
  • LeasedItems: None
  • TotalMonthlyIncome: 13580

Multi Family

  • Gross Scheduled Income: 162960
  • Net Operating Income: 99036
  • Number Of Units Total: 9
  • Insurance Expense: 7200
  • Leasable Area: 6600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 9
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 17931

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
07/10/2025 07/10/25 For Sale $1,950,000 -- $243 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2426404

Northwest Multiple Listing Service (NWMLS)