Rare investment opportunity in Burien with strong rental history. Here’s your chance to own this amazing 4-plex. These units are spacious, centrally located and situated on a large level corner lot with 18 uncovered parking spaces. All units are 2-Bed, 1-Bath with private patio and washer/dryers in each unit roughly 831-856 sq.ft. units. Conveniently located, minutes from DT Seattle, Sea-Tac Airport, Schools, Parks, Shopping & Transit, plus easy and quick access to I-5, HWY 99, 509. This parcel is zoned MU-1(Multi-use-1), allowing up to 5 stories to be built. This turnkey property is a solid long term investment with endless potential.
Urban Pacific Real EstateLicense #25574Listed on: 06/25/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2397867
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$10,380
Year Built
Built in 1964
Lot Details
9,147 Sq Ft Lot
Corner Lot
Home Design
Quadruplex
Poured Concrete
Composition Roof
Wood Siding
Interior Spaces
3,804 Sq Ft Home
1-Story Property
Flooring
Carpet
Vinyl
Bedrooms and Bathrooms
8 Bedrooms
4 Bathrooms
Parking
18 Parking Spaces
Open Parking
Utilities
Baseboard Heating
Community Details
No Home Owners Association
Burien Subdivision
Listing and Financial Details
Assessor Parcel Number 2023049494
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$10,380
Year Built
Built in 1964
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi Family
StyleCode: 54 - 4-Plex
Year Built: 1964
MLS Status: Active
Prev Status: Active
New Construction: No
CalculatedSquareFootage: 3804
Special Features: None
Cumulative Days on Market: 47
Interior Features
Total Bedrooms: 8
Fireplace: No
Flooring: Vinyl, Carpet
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Exterior Features
Roof: Composition
Lot Features: Corner Lot, Paved
View: No
Waterfront: No
Construction Type: Wood
Exterior Features: Wood
Foundation Details: Poured Concrete
Structure Type: Quadruplex
Garage/Parking
Carport Y N: No
Open Parking Spaces: 18
Open Parking: Yes
Total Parking Spaces: 18
ParkingUncoveredSpaces: 18
Utilities
Sewer: Sewer Connected
Water Source: Public
Cooling: None
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
WaterSewerGarbage: 4800
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Highline
Lot Info
Parcel Number: 2023049494
Lot Size Acres: 0.21
Lot Size Sq Ft: 9147
Irrigation Water Rights: No
ShowMapLink: true
MLSLotSizeSource: Relist
Green Features
Power Production Type: Electric
Rental Info
GrossRentMultiplier: 0
LeasedItems: None
TotalMonthlyIncome: 7900
Multi Family
Gross Scheduled Income: 94800
Net Operating Income: 75120
Number Of Units Total: 4
Insurance Expense: 4500
Leasable Area: 3804
EnergySource: Electric
UnitsInBuildingTotal: 4
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2025
Tax Annual Amount: 10380
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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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 AssessmentTax 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
$10,244
$878,000
$157,700
$720,300
2023
$10,282
$862,000
$155,400
$706,600
2022
$11,022
$905,000
$146,300
$758,700
2021
$10,176
$864,000
$137,200
$726,800
2020
$9,721
$768,000
$137,200
$630,800
2018
$6,583
$544,000
$115,000
$429,000
2017
$6,194
$440,000
$115,000
$325,000
2016
$5,500
$418,000
$115,000
$303,000
2015
$5,098
$381,000
$80,000
$301,000
2014
--
$336,000
$80,000
$256,000
2013
--
$366,000
$80,000
$286,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
07/30/202507/30/25
Price Changed
$1,275,000
-1.9%
$335 / Sq Ft
06/25/202506/25/25
For Sale
$1,300,000
--
$342 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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Income, lifestyle, and location in one! Investor-ready mid-century 4-plex in the high-demand Burien corridor—ideal for house-hack, multi-generational, or pure rental income. Three 2BR/1BA (~1,000 SF) units and one 1BR/2BA (~700 SF) unit, each with wood-burning fireplace, private covered patio, and 2 parking spaces; upper units feature vaulted ceilings. Two refreshed units are vacant—ready for
Beautifully remodeled home featuring 4 separate living spaces on a huge 16,500 sf lot at the end of a quiet private dead-end street! Each unit includes off-street parking, laundry, and tasteful upgrades—new roof, quartz kitchen counters, updated bathrooms, and AC. Excellent investment opportunity or live in one unit and offset your mortgage—FHA/VA financing eligible! Building 1 (810): (A) 2 bed +
This home is located at 259 S 156th St Unit 1-4, Burien, WA 98148 and is currently priced at $1,275,000, approximately $335 per square foot. This property was built in 1964. 259 S 156th St Unit 1-4 is a home located in King County with nearby schools including Gregory Heights Elementary School, Glacier Middle School, and Highline High School.
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