13204 12th Avenue Sw, Burien, WA 98146

Burien
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: max frame
Office: kidder mathews360-705-2800
MLS#:2584770
Source:NWMLS
13204 12th Avenue Sw,Burien, WA 98146
$1,600,000
Virtual Tour
  • - Beds
  • - Baths
  • 6,260 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$255.59

About this home

Discover Castlemonte Apartments, an 8-unit investment opportunity located at 13204 12th Ave SW in Burien. Built in 1988, the property features 6,260 rentable square feet across two structures on a 13,350 SF lot zoned MU-1. The unit mix includes a studio, six spacious two-bedroom apartments, and a detached 2-bedroom single-family rental with a private yard. One unit is non-conforming. Property amenities include private balconies and patios, 14 off-street parking stalls, common laundry, and select units with territorial views. Recent improvements include a composition roof installed in 2021. Offered at a 6.75% in-place cap rate, Castlemonte presents an opportunity to increase NOI through rental upside and operational improvements. The two-structure configuration also offers potential to explore subdividing and selling the single-family home separately, subject to buyer verification and municipal approval. Conveniently located near Downtown Burien, Sea-Tac Airport, and major employment...

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Home facts

  • Year built:1988
  • Subdivision & Development:Burien
  • Listing ID #:2584770
  • Updated:November 04, 2026 at 02:12 PM

Rooms and interior

  • Flooring:Carpet, Vinyl Plank
  • Living area:6,260 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1988
  • Building area:6,260 sq. ft.
  • Lot area:0.31 Acres
  • Construction Materials:Wood Products Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$255.59
  • Tax amount:$17,385 (2026)

Parking

  • Total parking spaces:8
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