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Listed by: Max Frame (360) 705-2800 | Kidder Mathews (360) 705-2800
$1,600,000
Monthly Est:$7,964
6 Beds
5 Baths
6,260sqft
13204 12th Avenue SW, Burien, WA 98146
$1,600,000
$7,964/moEst:
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Multi Family
Built in 1988
$-- HOA
13,350 sqft lot
$256/sq.ft
Description
Discover Castlemonte Apartments, an 8-unit investment opportunity located at 13204 12th Ave SW in Burien. Built in 1988, the property features 6,260 rentable square feet across two structures on a 13,350 SF lot zoned MU-1. The unit mix includes a studio, six spacious two-bedroom apartments, and a detached 2-bedroom single-family rental with a private yard. One unit is non-conforming. Property amenities include private balconies and patios, 14 off-street parking stalls, common laundry, and select units with territorial views. Recent improvements include a composition roof installed in 2021. Offered at a 6.75% in-place cap rate, Castlemonte presents an opportunity to increase NOI through rental upside and operational improvements. The two-structure configuration also offers potential to explore subdividing and selling the single-family home separately, subject to buyer verification and municipal approval. Conveniently located near Downtown Burien, Sea-Tac Airport, and major employment centers throughout the Puget Sound region.
- Houzeo last checked: 12 hours ago
- Listing updated: September 18, 2026 at 11:17 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2584770
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
1988
HOA Fees
-
Finished Area
6,260 sqft
Lot Size
13,350 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2584770
MLS Status
Active
Days on Market
13
Cumulative Days on Market
13
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 5
Interior
Flooring
Vinyl Plank, Carpet
Exterior Features
Wood Products
Sewer
Sewer Connected
Heating
Forced Air
Cooling
None
Construction
Year Built
Year Built: 1988
Home type
Multi Family
Roof
Composition
Property Condition
Good
Foundation Details
Poured Concrete
Construction Materials
Wood
Other Features
Subdivision Name
Burien
Price History
| Date | Event | Price |
|---|---|---|
09/18/2026 Source: | Listed for Sale | $1,600,000 $256/sqft |
Find Homes by Property Features in Burien, WA
Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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