1031 SW 122nd Street, Seattle, WA 98146

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: dan swanson
Office: kidder mathews
MLS#:2569544
Source:NWMLS
1031 SW 122nd Street,Seattle, WA 98146
$3,950,000
  • - Beds
  • - Baths
  • 15,888 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$3,950,000
  • Price per sq. ft.:$248.62

About this home

A garden style 17-unit community located ±2 miles from Downtown Burien and ±7 miles from Downtown Seattle. Immediate access to the RapidRide H Line connecting to Downtown Seattle and shopping, dining, and grocery. The property spans 5 buildings constructed between 1954-1979 (most units 1979) on a single parcel. Mostly 2-bed units (5 with extra 1/2 baths) plus a studio, 2 one-beds, and 2 three-beds with either 1.5 or 2 baths. 8 units have in-unit laundry, several have townhome layouts, and most have private yards. Units average 896 SF. Off-street parking lot. Average tenant tenure is 7+ years even after a 25% gross rent increase. Value-Add Options: Raise rents to market, use yard for storage and/or parking income, add bedrooms to a couple existing units, convert garage to ADU, develop an additional building, or redevelop full parcel under R4 zoning. (Buyer to verify feasibility of all development options.) Priced at less than $235,000 per unit, under $260 per square foot, and at $62...

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Home facts

  • Year built:1979
  • Subdivision & Development:Burien
  • Listing ID #:2569544
  • Updated:August 14, 2026 at 09:52 PM

Rooms and interior

  • Living area:15,888 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1979
  • Building area:15,888 sq. ft.
  • Lot area:1.45 Acres
  • Lot Features:Paved, Value In Land
  • Construction Materials:Stucco Exterior Finish, Wood Exterior Finish, Wood Products Exterior Finish

Schools

  • High school:Highline High
  • Middle school:Cascade Mid
  • Elementary school:Hazel Vly Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,950,000
  • Price per sq. ft.:$248.62
  • Tax amount:$38,727 (2026)

Parking

  • Total parking spaces:32
  • Garage:Yes
  • Garage spaces:2
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 14, 2026. 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 © 2026 MLS GRID. All Rights Reserved.

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