13348 32nd Avenue S, Tukwila, WA 98168
- $649,000
- 1,770
- SqFt
Listing Broker: Triplar Properties; Kevin Tiwana; 206-290-5928; Kevin@TriplarProperties.com
- List Price
- $649,000
- Status
- ACTIVE
- MLS#
- 2597610
- Style
- 52 - Duplex
- Finished SqFt
- 1,770
- Area Total SqFt
- 1770
- Annual Tax Ammount
- 6349
- Lot Size (sq ft)
- 8,696
- Sewer
- Sewer Connected
Property Description
Stunning Tukwila Property with Detached ADU! Live in One, Rent the Other! Discover an exceptional opportunity in the heart of Tukwila! Situated on a spacious 8,696 sq. ft. corner lot, this versatile property features a 4 bed, 2 bath main home (1,170 sq. ft.) plus a detached 1 bed, 1 bath ADU (600 sq. ft.). The beautifully renovated ADU features luxury vinyl plank flooring and upgraded finishes, making it an attractive rental opportunity. Both the main home and ADU are currently tenant-occupied, providing immediate rental income for investors. Unlock the Income Potential: The main home currently rents for $1,900/month, with estimated market rent closer to $2,800/month. The detached ADU rents for $1,600/month at market rate. With potential combined rents of approximately $4,400/month, or $52,800 annually, this property presents an exciting opportunity for investors looking to maximize rental income. Conveniently located near the light rail station, with easy access to I-5 and I-405, commuting and getting around the greater Seattle area is a breeze. Whether you're an investor seeking a dual-income property or a buyer looking for long-term flexibility and future possibilities, this unique Tukwila property deserves a closer look. Two dwellings. One property. Exceptional potential. Don't miss this opportunity to own a versatile income-producing property in a convenient location!
/u.realgeeks.media/soundmultifamily/operating-information.jpg)
Additional Information
- Community
- Tukwila
- Net Operating Income
- $32,951
- Gross Adjusted Income
- $42,000
- Gross Scheduled Income
- $42,000
- Total Monthly Income
- $3,500
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $1,200
- Gross Rent Multiplier
- 19.02
- Total Expenses
- $9,049
- Cap Rate
- 4.1
- Total Number of Units
- 2
- Unit Name
- 13348
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1952
- View
- Territorial
- Roof
- Shake
- Site Features
- Fenced-Fully
- Energy Source
- Electric
- School District
- Tukwila
- Total Monthly Income
- $3,500
- Gross Scheduled Income
- $42,000
- Gross Adjusted Income
- $42,000
- Tax Year
- 2025
- Insurance Expense
- $1,500
- W/S/G Expenses
- $1,200
- Total Expenses
- $9,049
- Net Operating Income
- $32,951
- Gross Rent Multiplier
- 19.02
- Cap Rate
- 4.1
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.