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$1,399,000
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Property Description
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
Full Property Details for 13301 56th Ave S
General
- Sold For: $1,399,000
- Taxes: $12,416 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2477457
- Added to Site: 165 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 Air, 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, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 2172000080
Listed by Leslie A. Newman | RE/MAX All City | (206) 244-6000
Sold by Kenna Adamo | Skyline Properties, Inc.
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Schools
Schools serving 13301 56th Ave S
School District:Tukwila School District
| Name | Grades | Distance |
|---|---|---|
Tukwila Elementary School 5939 South 149th Street, Tukwila, WA 98168 | PK-5 | 1.2 mi |
Showalter Middle School 4628 S 144th St, Seattle, WA 98168 | 6-8 | 0.8 mi |
Foster Senior High School 4242 South 144th Street, Tukwila, WA 98168 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 13301 56th Ave S
Date
Details
Price
Change
Source
6/18/2026
Sold
$1,399,000
—
MLS
4/16/2026
Price Reduced
$1,399,000
-6.42%
MLS
2/05/2026
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
13301 56th Avenue S, Tukwila, WA 98178 (MLS# 2477457) is a Multi-Family property that was sold at $1,399,000 on June 18, 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.

