MLS #2512253 / Listing provided by NWMLS & Skyline Properties, Inc..
$549,950
3740 S 142nd
Tukwila,
WA
98168
Beds
Baths
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Total Bedrooms: 2
- Main Level Bedrooms: 2
- Lower Level Bedrooms: 0
- Upper Level Bedrooms: 0
Bathrooms
- Total Bathrooms: 1
- Half Bathrooms: 0
- Three-quarter Bathrooms: 0
- Full Bathrooms: 1
- Full Bathrooms in Garage: 0
- Half Bathrooms in Garage: 0
- Three-quarter Bathrooms in Garage: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Garage Attached: No
- Parking Features: Driveway, None
- Parking Total: 0
Structure
- Roof: Composition
- Exterior Features: See Remarks
- Foundation: Poured Concrete
Lot Details
- Lot Features: Paved, Value In Land
- Acres: 0.2191
- Foundation: Poured Concrete
Schools
- High School District: Highline
Lot Details
- Lot Features: Paved, Value In Land
- Acres: 0.2191
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Public
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