Property Details

4617 S 189th Street
SeaTac, WA 98188
$1,799,948
MLS# 2478326 courtesy of NWMLS Listing firm: John L. Scott, Inc

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4617 S 189th Street , SeaTac, WA 98188, SeaTac

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4617 S 189th Street , SeaTac, WA 98188, SeaTac

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Multi-Family
Property Type
3,996
Bldg Sq Ft
5
Units
6.00%
Cap Rate
1970
Year Built

Property Overview

Investor Alert! Owner financing available, 20-25% down, 4% int.,30year do in 10.. Incredible opportunity to own a fully remodeled 4-plex in the heart of SeaTac. Each spacious unit features three bedrooms with modern, sleek finishes and open-concept living. This is a true top-to-bottom renovation with new electrical, plumbing, mini-split systems, and all improvements brought up to current code. Every unit offers in-unit washer and dryer, security system hookups, and access to on-site car charging stations, with one ADA-compliant unit included. Upper units boast private balconies, while lower units feature covered patios. Unbeatable location just minutes to I-5 access and Sea-Tac International Airport, and within walking distance to public transportation. Conveniently located near Westfield Southcenter, community parks, schools, shopping, and more.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood SeaTac
Listed Feb 12, 2026
Original Price $1,748,000

Financial Summary

Cap Rate 6.00%
Net Operating Income $10,800
Gross Scheduled Income $10,800
Gross Rent Multiplier 167.00
Total Expenses $9,892

Building & Use

Building Sq Ft 3,996
Leasable Area 3,996 sqft
Total Units 5
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 9,566 sqft
Year Built 1970

Exterior & Lot

Lot Size 0.22 sqft
Year Built 1970
Exterior Materials Cement, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Cul-De-Sac, Paved
Exterior Features Cement/Concrete, Wood, Wood Products

Location

City SeaTac
County King
Coordinates 47.43330, -122.27553

Additional Information

Tax Year 2025
Annual Taxes $8,776
Possession Array
Listed By
Phillip T. Rodocker
John L. Scott, Inc

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