Property Details

14132 37th Avenue S
Tukwila, WA 98168
$2,500,000
MLS# 2510506 courtesy of NWMLS Listing firm: Westlake Associates, Inc.

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14132 37th Avenue S, Tukwila, WA 98168, Tukwila

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14132 37th Avenue S, Tukwila, WA 98168, Tukwila

1 / 12
Multi-Family
Property Type
9,596
Bldg Sq Ft
14
Units
5.57%
Cap Rate
1967
Year Built

Property Overview

Seller Financing Available (30% Down, 5% Interest Only) The Maple Apartments present a strong value-add investment opportunity located just minutes from Seattle-Tacoma International Airport and the Tukwila International Blvd Light Rail Station. Built in 1967, the property comprises well-configured one-bedroom and two-bedroom units, complemented by an open parking lot, a spacious backyard, and an oversized basement and owner storage area. First time on the market in 30 years. Residents benefit from a convenient commute to the airport, close proximity to Juba Shopping Mall and Tukwila Village, and excellent regional connectivity via Interstate 5, Interstate 405, and State Route 518. These major highways provide quick access to Downtown Seattle, the Eastside, and surrounding employment centers, enhancing the property’s appeal for renters.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Riverton
Listed Apr 20, 2026

Financial Summary

Cap Rate 5.57%
Net Operating Income $139,146
Gross Scheduled Income $256,800
Gross Rent Multiplier 9.74
Total Expenses $104,814
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 9,596
Leasable Area 8,206 sqft
Total Units 14
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 18,369 sqft
Year Built 1967

Exterior & Lot

Lot Size 0.42 sqft
Year Built 1967
Exterior Materials Wood
Sewer Sewer Connected
Lot Features Corner Lot, Paved
Exterior Features Wood

Location

City Tukwila
County King
Coordinates 47.47629, -122.28600

Additional Information

Tax Year 2026
Annual Taxes $27,516
Possession Array
Listed By
Matthew Moloney
Westlake Associates, Inc.

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