4617 S 189th Street, SeaTac, WA 98188

$1,799,948
3,996
SqFt

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Listing courtesy of John L. Scott, Inc.

List Price
$1,799,948
Status
ACTIVE
MLS#
2478326
Price Change
▲ $51,948 1771728898
Days on Market
166
Style
54 - 4-Plex
Building Condition
Updated/Remodeled
Finished SqFt
3,996
Area Total SqFt
3996
Annual Tax Ammount
8776
Lot Size (sq ft)
9,567
Sewer
Sewer Connected

Property Description

Investor Alert! Owner financing available, 20-25% down, 4% int.,30year do in 10.. Incredible opportunity to own a fully remodeled 4-plex in the heart of SeaTac. Each spacious unit features three bedrooms with modern, sleek finishes and open-concept living. This is a true top-to-bottom renovation with new electrical, plumbing, mini-split systems, and all improvements brought up to current code. Every unit offers in-unit washer and dryer, security system hookups, and access to on-site car charging stations, with one ADA-compliant unit included. Upper units boast private balconies, while lower units feature covered patios. Unbeatable location just minutes to I-5 access and Sea-Tac International Airport, and within walking distance to public transportation. Conveniently located near Westfield Southcenter, community parks, schools, shopping, and more.

Additional Information

List Date
2026-02-12 21:22:18
Community
SeaTac
Net Operating Income
$10,800
Gross Adjusted Income
$10,800
Gross Scheduled Income
$10,800
Total Monthly Income
$10,800
Insurance Expenses
$876
Water/Sewer/Garbage Expenses
$240
Gross Rent Multiplier
167
Total Expenses
$9,892
Cap Rate
6
Total Number of Units
5
Unit Name
4617
Potential Terms
Cash, Conventional, FHA, Owner Will Carry, See Remarks
Year Built
1970
View
Territorial
Roof
Composition
Site Features
Deck, Patio
Energy Source
Electric
School District
Highline
Elementary School
Bow Lake Elem
Middle School
Chinook Mid
High School
Tyee High
Total Monthly Income
$10,800
Gross Scheduled Income
$10,800
Gross Adjusted Income
$10,800
Tax Year
2025
Insurance Expense
$876
W/S/G Expenses
$240
Total Expenses
$9,892
Net Operating Income
$10,800
Gross Rent Multiplier
167
Cap Rate
6
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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