440 SW 155th Street, Burien, WA 98166

Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by:justin kraft
Office:highmark partners
MLS#:2443308
Source:NWMLS
440 SW 155th Street,Burien, WA 98166
$1,900,000
  • - Beds
  • - Baths
  • 5,640 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$336.88

About this home

Mary Cate Apartments is located in a high demand area with all heavy lifting done! Brand new TPO roof, new hardi siding and new exterior paint in 2024, 6 out of 8 units beautifully renovated. A savvy investor can achieve an above-market return immediately, by renovating the remaining 2 units to stabilize at a cash-on-cash return exceeding 7% and an internal rate of return (IRR) of 20%. Located just blocks from restaurants, shopping, and grocers. Mary Cate is ideally positioned for tenants and comprises four 605-square-foot one-bedroom/one-bath units and four 805-square-foot two-bedroom/one-bath units. Each unit features spacious layouts, patios or balconies, access to onsite common laundry, and twelve dedicated onsite parking spaces.

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Home facts

  • Year built:1977
  • Listing ID #:2443308
  • Updated:October 10, 2025 at 07:53 PM

Rooms and interior

  • Living area:5,640 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1977
  • Building area:5,640 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$336.88
  • Tax amount:$15,682 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 10, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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