$2,075,000

15430 40th Ave S Tukwila, WA 98188

$10,000
Closing credit¹
7,308 sqft
0.6 acres
$284 / sqft
House

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

HeatingBaseboard
StatusActive
Size7,308 sqft
Lot size0.6047 Acres
Year built1984
MLS #2287879

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

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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front of property featuring a balcony

$2,075,000

15430 40th Ave S

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 04, 2006
Home Sold
$570,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

44%
<35k
43%
35k-100k
11%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
16%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Chico'sChico's

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza
  • QdobaQdoba

What do the neighbors drive?

  • PontiacPontiac
  • VolkswagenVolkswagen
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
  • RockRock
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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