3740 S 142nd St

Tukwila, WA 98168
  • $549,950

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,020

    SqFt

About the Listing 7178 - 25170

This property represents a premier land bank opportunity, combining immediate rental income with massive future development upside. Existing 3-bedroom home is clean, livable, and rentable, making an ideal asset to hold while you finalize long-term plans. With new roof and mini-split heating/cooling system, home is low-maintenance and ready to be occupied or rented immediately. For investor, current house provides steady cash flow to offset holding costs. Estimated rent $2,500 per month. Solid condition and updated systems ensure high tenant demand and minimal near-term capital expenditures. The true value is the supercharged Neighborhood Commercial Center (NCC) zoning. Under Tukwila's recent 2025 code updates, the development potential has been significantly expanded to favor high-density, transit-oriented projects. New standards allow for 60-foot height limits, zero-foot setbacks, and reduced parking requirements, giving developers the flexibility to maximize the entire footprint of the lot for a vibrant mixed-use or multifamily project. Buyer to verify. Ideally located in a pedestrian-focused corridor, this site is perfectly positioned to benefit from Tukwila’s rapid growth. Whether you are looking for a stable rental to add to your portfolio or a high-capacity development site near transit, this property offers a rare "best of both worlds" scenario. Secure a functional income-generator today and capitalize on its extraordinary vertical potential tomorrow.

Listing Highlights

Status Active
Days on Site 11
Property Type Residential
MLS ® 2512253
Year Built 1941
Total Square Footage 1,020
Lot/Acreage 0.22
County King
Neighborhood Tukwila
School District Highline

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances: Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dryer(s), Refrigerator(s), Washer(s)
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Master on Main
  • Water: Public

Exterior Details

  • Lot Description: Paved,Value In Land,Built On Lot
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Composition
  • Others: See Remarks,Fair
  • Sewer: Sewer Connected
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $458
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1610000186
  • Tax Year: 2025

Payment Calculator

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Questions About..

3740 S 142nd St Tukwila, WA 98168

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Originating MLS: nwmls

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