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$1,495,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago

Listed by Leslie A. Newman | RE/MAX All City | (206) 244-6000

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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.

Full Property Details for 13301 56th Ave S

General

  • Price: $1,495,000
  • Taxes: $12,416 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2477457
  • Updated: 2/6/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Ceramic Tile, Laminate, Carpet

Additional Information

  • Amenities: Cabana/Gazebo, Cable TV, Deck, Fenced-Fully, Gas Available, Gated Entry, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
  • Security/Safety: Fully Fenced, Security Gate

Parking

  • Carport Spaces: 8
  • Covered Spaces: 8
  • Uncovered Spaces: 8
  • Parking Features: RV Parking

Location

  • Area: 360 - Skyway Area
  • County: King
  • Subdivision: Tukwila
  • Driving Directions: Interurban Ave S; East on Foster Bridge over Duwamish to property on the right. View with discretion. Thank you

School Information

  • High School District: Tukwila
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central A/C, Ductless, Forced Air
  • Heating Type: Baseboard, Ductless, Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Cement/Concrete, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Year Built: 1939
  • Property Condition: Very Good

Unit Information

  • Units in Building: 7

Lot Features

  • Property View: River, Territorial
  • Lot Size (Acres): 1.3085
  • Lot Size (Sq. Ft.): 57,000
  • Lot Size Source: Public Records
  • Lot Dimensions: 57000
  • Lot Features: Community Golf Course, Dead End Street, Paved
  • Zoning: Commercial, Residential, See Remarks

Water Features

  • Water Front: Yes

Green Features

  • Energy Efficient: Thermal Windows

Financial Considerations

  • Tax Amount: $12,416
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2172000080

Listed by Leslie A. Newman | RE/MAX All City | (206) 244-6000

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Schools serving 13301 56th Ave S

School District:Tukwila School District
NameGradesDistance
Tukwila Elementary School
5939 South 149th Street, Tukwila, WA 98168
PK-51.2 mi
Showalter Middle School
4628 S 144th St, Seattle, WA 98168
6-80.8 mi
Foster Senior High School
4242 South 144th Street, Tukwila, WA 98168
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 13301 56th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$1,495,000
457.84%
MLS
9/24/1999
Sold
$268,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 13301 56th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,521
—
$967,000
1%
2024
$11,521
1%
$954,000
—
2022
$11,366
39%
$954,000
27%
2021
$8,159
—
$750,000
30%
2021
$8,159
25%
$578,300
26%
2020
$6,528
10%
$458,000
8%
2019
$5,922
17%
$423,000
14%
2018
$5,050
2%
$370,000
-1%
2017
$4,936
7%
$372,000
4%
2016
$4,594
4%
$358,000
8%
2015
$4,414
-15%
$332,000
-9%
2014
$5,203
—
$364,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Leslie A. Newman | RE/MAX All City | (206) 244-6000

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13301 56th Avenue S, Tukwila, WA 98178 (MLS# 2477457) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 13301 56th Avenue S is currently listed for $1,495,000 and was received on February 05, 2026. Want to learn more about 13301 56th Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Tukwila? You can browse all Tukwila real estate or contact a Coldwell Banker agent to request more information.

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