Listed by COMPASS
$699,000

26853 172nd Place SE Covington, WA 98042

Estimated payment $4,281/month

Total Views 370
3 Beds
3 Baths
1,999 Sq Ft
$350 Price per Sq Ft

Highlights

  • Second Kitchen
  • Two Primary Bedrooms
  • Territorial View
  • RV Access or Parking
  • Property is near public transit
  • Traditional Architecture

About This Home

INVESTOR ALERT!! Fully updated home that functions as three separate units currently generating $4,300/mo rental income. One of the only properties around connected to Sewer! New interior & exterior paint, new flooring, new kitchens, new bathrooms, energy efficient mini splits for multi-zone heating/AC, plus a detached 850sqft shop/2 car garage with an upstairs 450sqft loft. Great investment opportunity in a prime location. One block away from DT, where you can find grocery stores, restaurants, shops, transit routes and much more! Zoned MC, providing lots of future development potential. Perfect for investors seeking consistent income or anyone desiring multi-generational living. Live in one side and offset mortgage payment with the other!

Listing Agent

Colin Foote

COMPASS License #114283 Listed on: 08/19/2025

COMPASS

Co-Listing Agent

Cassandra Joyner

COMPASS License #112117

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2422037

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,662

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Detached Carport Space
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1,999 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Vinyl Plank Flooring
  • Territorial Views
  • Storm Windows

Kitchen

  • Second Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Double Master Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Schools

  • Jenkins Creek Elementary School
  • Mattson Middle School
  • Kentlake High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Covington Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,662

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1961
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1999
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2422037?w=Consumer&agent=99872
  • Special Features: None
  • Cumulative Days on Market: 4

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl Plank
  • Interior Amenities: Second Kitchen, Second Primary Bedroom, Double Pane/Storm Window, Dining Room, Fireplace, Water Heater
  • Living Area: 1999
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1999
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Updated/Remodeled
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Driveway, Detached Garage, Off Street, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Soos Creek
  • WaterCompany: Covington
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kent
  • High School: Kentlake High
  • Middle Or Junior School: Mattson Middle

Lot Info

  • Parcel Number: 2569600050
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2507
  • Lot Size Sq Ft: 10920
  • Zoning: MC
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio,RV Parking,Shop
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Floor Plan
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas, Wood

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5661.63

Multi Family

  • Total Actual Rent: 4300
  • EnergySource: Electric,Natural Gas,Wood

MLS Schools

  • Elementary School: Jenkins Creek Elem

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 $5,662 $537,000 $266,000 $271,000
2023 $5,344 $482,000 $238,000 $244,000
2022 $5,276 $532,000 $263,000 $269,000
2021 $4,150 $430,000 $225,000 $205,000
2020 $3,923 $312,000 $121,000 $191,000
2018 $3,686 $295,000 $114,000 $181,000
2017 $3,212 $265,000 $103,000 $162,000
2016 $3,144 $232,000 $94,000 $138,000
2015 $2,969 $212,000 $85,000 $127,000
2014 -- $195,000 $82,000 $113,000
2013 -- $163,000 $66,000 $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $699,000 -- $350 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $313 Fidelity National Title
Quit Claim Deed $313 Fidelity National Title
Quit Claim Deed $313 Fidelity National Title
Warranty Deed $400,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Washington Tit
Warranty Deed $119,950 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,556,160 New Conventional
Previous Owner $483,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $450,000 Construction
Previous Owner $450,000 Construction
Previous Owner $138,950 Unknown
Previous Owner $138,750 Purchase Money Mortgage
Previous Owner $113,950 No Value Available
Closed $27,500 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2422037

Northwest Multiple Listing Service (NWMLS)

APN: 256960-0050