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Listed by: Connie Sorensen (206) 819-7669 , Sara Peterson (206) 369-4701 | COMPASS (206) 330-0314
$1,295,000
Monthly Est:$6,446
10 Beds
5 Baths5 full baths
4,160sqft
17416 97th Avenue SW, Vashon, WA 98070
$1,295,000
$6,446/moEst:
Get Pre-Approved
Single Family Residence
Built in 1957
$-- HOA
32,678 sqft lot
$311/sq.ft
Description
Rare Vashon investment and development opportunity! This established 5-unit multifamily property offers immediate income with future upside. The versatile mix includes a studio, two 2BR/1BA and two 3BR/1BA apartments with a history of strong occupancy. Current rents have intentionally been maintained below estimated fair-market levels, offering potential for increased rental income over time. Most units include a private washer & dryer and four units include fireplaces. The building has a newly installed roof, a significant infrastructure upgrade. The .75-acre R12-zoned parcel includes 6 water shares—an exceptional asset for future possibilities. Even more compelling, two contiguous R12SO-zoned parcels are also available, together offering 6 additional water shares. Acquisition of all three properties creates a rare assemblage opportunity with 12 total water shares, existing multifamily income and significant potential for a larger development vision. Explore the possibilities while benefiting from income already in place. Buyer to verify zoning, water availability, development potential and all intended uses. Please respect tenant privacy; no interior access without confirmed appointment.
- Houzeo last checked: 12 hours ago
- Listing updated: September 24, 2026 at 12:02 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2586393
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1957
HOA Fees
-
Finished Area
4,160 sqft
Lot Size
32,678 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2586393
MLS Status
Active
Days on Market
10
Cumulative Days on Market
10
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 5
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bathroom Full
Level: Main
Bathroom Full
Level: Main
Bathroom Full
Level: Main
Bathroom Full
Level: Main
Bathroom Full
Level: Main
Interior
Flooring
Laminate, Vinyl Plank, Carpet
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/range(s), Washer
Exterior Features
Wood
Sewer
Sewer Connected
Interior Features
Dbl Pane/storm Window
Heating
Baseboard, Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1957
Home type
Single Family Residence
Architectural Style
Traditional
Roof
Composition
Property Condition
Good
Foundation Details
Slab
Construction Materials
Wood
Utilities & Energy
Parking Features
Off Street
Security Features
Partially Fenced
Basement
None
Water Source
Public
Fireplace Features
Gas
Other Features
Lot Features
Dead End Street
Subdivision Name
In Town
Price History
| Date | Event | Price |
|---|---|---|
09/23/2026 Source: | Listed for Sale | $1,295,000 $311/sqft |
09/16/2026 Source: | Coming Soon | $1,295,000 $311/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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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