Property Details

15409 9th Avenue SW
Burien, WA 98166
$1,600,000
MLS# 2536775 courtesy of NWMLS Listing firm: Lake & Company

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 15409 9th Avenue SW, Burien, WA 98166, Burien, MLS# 2536775

Schedule a Showing

15409 9th Avenue SW, Burien, WA 98166, Burien

Request Information

15409 9th Avenue SW, Burien, WA 98166, Burien

1 / 36
Multi-Family
Property Type
5,796
Bldg Sq Ft
6
Units
4.95%
Cap Rate
1979
Year Built

Property Overview

Lakeview is a 6-unit multifamily apartment building located near highly-sought after downtown Burien, just 2 blocks from all the hip restaurants, cafes, bars, library, retail, and parks of historic downtown Burien, with easy transit access. The well maintained building offers 6 spacious, well-laid out 2br/1ba plans, averaging 966 sq. ft. Updated kitchens/baths, granite countertops, newer flooring, in-unit W/D, large private balconies, newer paint, and 12 parking spaces.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Downtown Burien
Listed Jun 16, 2026
Structure Type Multi Family
Parcel Number 1220000380

Tax & HOA

Annual Property Tax $15,271 (2016)
Est. Monthly Tax $1,273/mo

Financial Summary

Cap Rate 4.95%
Net Operating Income $79,133
Gross Scheduled Income $135,780
Gross Rent Multiplier 11.78
Total Expenses $45,989
Vacancy Rate 3.0%

Building & Use

Building Sq Ft 5,796
Leasable Area 5,736 sqft
Total Units 6
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 7,640 sqft
Year Built 1979

Exterior & Lot

Lot Size 0.18 sqft
Year Built 1979
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Paved
Exterior Features Wood, Wood Products

Community & Access

Directions From Ambaum Blvd, head west on SW 152nd, take first left onto 9th Ave SW, Building is on right. Parking lot off alley.

Location

City Burien
County King
Coordinates 47.46465, -122.34623

Additional Information

Tax Year 2016
Annual Taxes $15,271
Possession Array
Listed By
Joseph Goldberg
Lake & Company

Schedule a Showing

Have a Question?

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 15409 9th Avenue SW, Burien, WA 98166, Burien, MLS# 2536775