3740 S 142nd, Tukwila, WA 98168
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: matthew reichlin
Office: skyline properties, inc.
MLS#:2512253
Source:NWMLS
3740 S 142nd,Tukwila, WA 98168
$549,950
- 2 Beds
- 1 Baths
- 1,020 sq. ft.
- Single family
- Active
Upcoming open houses
- Sun, Apr 2602:00 pm - 04:00 pm
Price summary
- Price:$549,950
- Price per sq. ft.:$539.17
About this home
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....
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Home facts
- Year built:1941
- Listing ID #:2512253
- Updated:April 25, 2026 at 11:03 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet
- Kitchen Description:Refrigerator
- Bedroom Description:Main Level Bedrooms : 2
- Living area:1,020 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1941
- Building area:1,020 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Paved, Value In Land
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$549,950
- Price per sq. ft.:$539.17
- Tax amount:$458 (2025)
Features and amenities
- Appliances:Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Driveway
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