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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
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Available,In Street,On Property
Exterior Details
- Lot Description: Paved,Zoning: Business,Commercial,Multi-Family,Office,Residential,Retail
- Garage Capacity: N/A
- Zoning: Business,Commercial,Multi-Family,Office,Residential,Retail
- Roof:
- Others:
- Sewer: On Property
Financial Details
- Tax Amount: $458
- Taxes w/Assessments: N/A
- Tax/Property ID: 1610000186
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
3740 S 142nd St Tukwila, WA 98168
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