11825 - 11831 59th Ave S
Seattle WA 98178
Rainier View Townhomes
11825 - 11831 59th Ave S Seattle WA 98178
Listing #: 704953 | Status: Available | Last Modified: 4/14/2026 |
For Sale
- Phone:(206) 399-3285
- Email:erich.bubbel@compass.com
- Office Name:COMPASS
- Office Phone:(425) 217-0609
- Office Website:www.compass.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,725,000.0
- $/Unit$ 2,725,000.0
- Listing StatusAvailable
- Days on Market180
- Asset ClassMulti-Family
- Terms
- CondoYes
- Condo $/SF445
- Condo SF6,120
- Condo Parcel #
- Condo Fees
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.26 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings2
- # of Floors3
- # of Units5
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF6120
- Net Rentable Area6120
- Total Office SF
- Largest Contiguous SF
- Lot SF26545
- Acres0.61
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyKing
- VicinitySouth End of Seattle
- Location DescriptionAlmost at the end of Beacon Avenue So.
- Second Address
- Cross StreetS 119th St
- Market AreaTukwila
- Tax ID #3352402220
- Additional Parcels3352402219
- ZoningNC1-40(M)
- Year Built2025
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Rainier View Townhomes
Newly constructed in 2025, this five-unit townhouse community combines modern design, high-end finishes, and flexible long-term upside in a highly functional footprint. Each residence is built as a fee-simple style townhome and sits on its own tax parcel, allowing an investor to treat the asset as a cohesive income-producing property today while preserving the option to sell off individual units in the future to capture value from the single-family housing market. The current rent roll includes two of the five units leased, providing immediate income with upside as the remaining homes are brought to market. The community features an efficient unit mix of three 3BD/2.5BA townhomes and two 2BD/2.5BA townhomes, appealing to a wide range of renters, from professionals to small families. All
