Property Details
15409 9th Avenue SW
Burien, WA 98166
$1,600,000
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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
