12623 42nd Avenue S, Tukwila, WA 98178

$1,200,000

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Listing courtesy of WPI Real Estate Services, Inc..

List Price
$1,200,000
Status
ACTIVE
MLS#
2565403
Days on Market
2
Lot Size (sq ft)
32,500

Property Description

32,500 SF | Up to ~18 Units | CR Zoning Located at the end of a private, secluded dead-end street lined with newer construction, this site is anchored by a remodeled 5-bed, 3-bath, 2,780 SF home producing rental income from day one. Zoned Community Residential (CR), it subdivides at 5,000 SF minimum lot sqf, with density that scales by lot size to roughly 18 units across the site. Flexible zoning lets you build the mix the market wants: single-family, duplexes, triplexes, fourplexes, townhomes, stacked flats, cottage housing, and ADUs/DADUs. (Buyer to verify.) Hold the existing home for income while you entitle, then keep it on its own lot or redevelop to full density. Topography survey and geo-tech report already completed. Site previously had 3 houses and a detached garage; one house remains, but utility connections to the removed structures are still on site. Developer-friendly terms. Ideal for developers, investors, non-profits, or anyone building a private multi-generational compound.

Additional Information

Community
Boulevard Park
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
City
Sewer
Available
Tax Year
2026
School District
Tukwila
Potential Terms
Cash, Conventional, See Remarks
Driving Directions
Google Maps accurate. From E Marginal Way S, left onto S 128th St, left onto 40th Ave S, turn right onto 126th St, turn right onto 42nd Ave S. The house is at end of street.
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.
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