This listing courtesy of Leslie A. Newman , RE/MAX All City
$1,495,000

13301 56th Avenue S, Tukwila, WA 98178

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon1.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

A truly rare riverfront investment opportunity in the heart of Tukwila. Set on approximately 150' of scenic river frontage, this 1.31-acre gated, park-like estate offers immediate income with exceptional long-term redevelopment potential. The property features a 2,400 sq ft single-family residence with 3 bedrooms and 1.75 baths, plus six detached, income-producing cottages thoughtfully arranged across a level, usable lot. The setting is serene and private, with mature landscaping, river views, and a sense of retreat rarely found this close to urban amenities. Current ownership has invested heavily in improvements. Units 1–5 were comprehensively remodeled in 2017, including new plumbing, electrical, roofs, kitchens, bathrooms, flooring, lighting, fixtures, and fresh interior/exterior paint. All six cottages are equipped with mini-split heating and A/C, dedicated storage units, and APP-paid laundry, supporting strong tenant demand and consistent rental income. Covered parking and additional on-site storage enhance both functionality and tenant appeal. Zoned LDR, the property now benefits from new Middle Housing zoning, unlocking substantial expansion and redevelopment options - (buyer to verify). Whether held as a cash-flowing asset or repositioned for future development, the upside is compelling. Ideal for owner-occupants seeking supplemental income, 1031 exchange? builder/developer? This is a turnkey investment today with redevelopment possibilities for tomorrow.

Listing Status:
Active
Data Last Updated:
February 13, 2026 at 7:22PM
Listing Office:
RE/MAX All City : 206-244-6000
Listing Agent:
Leslie A. Newman : 206-244-6000
MLS ID:
2476693
  • Flooring: Ceramic TileLaminateCarpet
  • A/C: Central A/CDuctlessForced Air
  • Heating: BaseboardDuctlessForced Air
  • Fireplace: Fireplaces: 0
  • General: Cement/ConcreteWoodWood Products
  • Parking: Parking spaces: 16
  • Roofing: Composition
  • General: 60 - Comm Bldg Und 10KPoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • County: King
  • Topography: Level
  • Zoning: 2172000080
  • Waterfront: 150
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Leslie A. Newman , RE/MAX All City

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tukwila Elementary School

5939 S 149th St, Tukwila, WA, 98168

Grades PK-5

1.16 miles away

S

Showalter Middle School

4628 S 144th St, Tukwila, WA, 98168

Grades 6-8

0.82 miles away

T

Tukwila Online Learning

4640 S 144th St, Tukwila, WA, 98168

Grades 6-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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