#2321500, Karen Grace, Listing Office: Engel & Voelkers Seattle DT

15430 40th Ave S Tukwila, WA 98188
Property details
About 15430 40th Ave S
Commuter friendly 8-unit property (side by side 4plexes) located within walking distance to Tukwila Light Rail Station. Six of eight units have been nicely renovated (roughly $30K/unit spent) and positioned for rent increases. All units are 2B/1B with W/D featuring four townhome style units and four flats. Units are easy to rent given the spacious open layouts, sizeable backyard space facing green belt, detached garages and additional overflow parking. Properties are on individual tax parcels and can be financed individually or with commercial loan product.
Highlights
Summary
- Flooring Type: Laminate, Carpet
- Interior: Laminate Hardwood, Wall to Wall Carpet
- Exterior: Wood, Wood Products
- Heating: Baseboard
- Cooling: None
- List Price: $2,075,000
- Price/SqFt: $283
- Annual Tax Amount: $12,846
- Tax Year: 2022
- Lot: Cul-De-Sac
- Directions: Follow I-5 to Southcenter Blvd in Tukwila. Take exit 154B from I-5 S, Continue on Southcenter Blvd. Drive to Russell Ln
- Year Built: 1984
- Stories: 2
- Living Area: 7,308 SqFt
- Lot Size: 0.6047 Acres
- MLS Number: 2287879
- MLS Name: NWMLS
- Office Name: The Foundation Group LLC
- Office Phone: (206) 774-5425
- Listing Agent: Ethan Szmania
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 5/8/2025, 11:17:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,075,000
15430 40th Ave S
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 04, 2006 | Home Sold | $570,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2022 | $1,161,000 | $12,846 |
2021 | $861,000 | $11,043 |
2020 | $719,000 | $9,218 |
2018 | $592,000 | $7,223 |
2017 | $512,000 | $6,982 |
History based on county public records data.
Nearby schools
3
Thorndyke Elementary School
Public District PK-5
0.4 mi
•4415 S 150th St
3
Impact | Salish Sea Elementary School
Public Charter KG-5
0.5 mi
•3438 S 148th St
6
Impact Public Schools
Public Charter KG-5
0.5 mi
•3438 S 148th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,553. Residents of Tukwila, WA typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 15430 40th Ave S
The listing price of 15430 40th Ave S property is $2,075,000.
The property 15430 40th Ave S is a house located in Tukwila, Washington, 98188.
Active Listing: 15430 40th Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 15430 40th Ave S are: Thorndyke Elementary School (GreatSchools Rating 3/10), Impact | Salish Sea Elementary School (GreatSchools Rating 3/10), Impact Public Schools (GreatSchools Rating 6/10), Showalter Middle School (GreatSchools Rating 3/10), Glacier Middle School (GreatSchools Rating 2/10), Chinook Middle School (GreatSchools Rating 2/10), Foster Senior High School (GreatSchools Rating 2/10), Tyee High School (GreatSchools Rating 2/10), Highline Public Schools Virtual Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2022 is $12,846 (source: MLS/based on county public records data).
The last sale was on October 4, 2006 for $570,000 (source: MLS/tax record).
The property at 15430 40th Ave S has 0 bathroom.
The property 15430 40th Ave S is 7,308 SqFt (source: MLS/tax record).
The year of construction for 15430 40th Ave S is 1984.
This home is located at 15430 40th Ave S in Tukwila, WA and zip code 98188. This 7,308 square foot home, which was built in 1984, sits on a 0.60 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 9, 2024 and is currently priced at $2,075,000.
In April 2025, from all listings sold in Tukwila, WA there were more than 6 sold above asking price, over 4 sold below and more than 5 were sold right at the asked price. In April 2025 in Tukwila, WA there were 60% more homes for sale than in March. Listings spent 24 days on the market in April 2025, and had a median list price of $550,000 during the same period.