Turn-key rental house and separate studio with an estimated monthly income of $5000 per month. This house has 3 separate rentals units. The 1,260 SF main floor features ample natural lighting, full kitchen with breakfast nook, large 3/4 bath with a luxury dual-head walk-in shower, walk-in closet, laundry, WFH nook, and main bedroom, with 3 bedrooms and an estimated income of $2000 / Mo. 1,100 SF ground-floor downstairs has a full kitchen with eating space, 2 bedrooms, utility with W/D, and 3/4 bath and proven monthly of $2000+ / Mo. The existing long-term rental is a 460 SF detached studio with kitchen, 3/4 bath, ductless heat and AC with tiled shower and laundry on a lease of $1000 / Mo.
SiteFeatures: Deck,Fenced-Partially,High Speed Internet
MLSLotSizeSource: Public Records
MLSSquareFootageSource: See Remarks
ZoningJurisdiction: County
LotNumber: 19-20
Green Features
Efficiency: Thermal Windows
Power Production Type: Natural Gas
Rental Info
GrossRentMultiplier: 14.1
LeasedItems: None
TotalMonthlyIncome: 5000
Multi Family
Gross Scheduled Income: 56590
Net Operating Income: 42581
Number Of Units Total: 3
Electric Expense: 1256.47
Insurance Expense: 2542.75
Leasable Area: 2820
EnergySource: Natural Gas
UnitsInBuildingTotal: 3
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2025
Tax Annual Amount: 7474
MLS Schools
Elementary School: Bryn Mawr Elem
Map
Range of Values:
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Average Value
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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.
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This home is located at 8428 S 118th St, Seattle, WA 98178 and is currently priced at $798,000, approximately $282 per square foot. This property was built in 1931. 8428 S 118th St is a home located in King County with nearby schools including Bryn Mawr Elementary School, Dimmitt Middle School, and Renton Senior High School.
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