13204 12th Avenue Sw, Burien, WA 98146
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: max frame
Office: kidder mathews360-705-2800
MLS#:2584770
Source:NWMLS
Price summary
- Price:$1,600,000
- Price per sq. ft.:$255.59
About this home
Discover Castlemonte Apartments, an 8-unit investment opportunity located at 13204 12th Ave SW in Burien. Built in 1988, the property features 6,260 rentable square feet across two structures on a 13,350 SF lot zoned MU-1. The unit mix includes a studio, six spacious two-bedroom apartments, and a detached 2-bedroom single-family rental with a private yard. One unit is non-conforming. Property amenities include private balconies and patios, 14 off-street parking stalls, common laundry, and select units with territorial views. Recent improvements include a composition roof installed in 2021. Offered at a 6.75% in-place cap rate, Castlemonte presents an opportunity to increase NOI through rental upside and operational improvements. The two-structure configuration also offers potential to explore subdividing and selling the single-family home separately, subject to buyer verification and municipal approval. Conveniently located near Downtown Burien, Sea-Tac Airport, and major employment centers throughout the Puget Sound region....
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Home facts
- Year built:1988
- Subdivision & Development:Burien
- Listing ID #:2584770
- Updated:November 07, 2026 at 01:04 PM
Rooms and interior
- Flooring:Carpet, Vinyl Plank
- Living area:6,260 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1988
- Building area:6,260 sq. ft.
- Lot area:0.31 Acres
- Construction Materials:Wood Products Exterior Finish
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$255.59
- Tax amount:$17,385 (2026)
Parking
- Total parking spaces:8
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