Listed by Carlo Delizo • RE/MAX Mutual Realty. Bought with RE/MAX Mutual Realty.

Off market jul 2009 for $200K

$528,628

Est. refi paymentEst. refi $1,306/mo

Studio

•

— ba

•

1,760

sq ft

1040 SW 124th St, Seattle, WA 98146

About this home

INVESTOR SPECIAL! All offers being considered; seller concession available. Great opportunity to own an investment property w/ long term tenants (on month-to-month) in place w/ lower than market rent. - Potential to improve Gross Income and CAP RATE! Building has good bones but in need of minor cosmetic touch-ups. Huge backyard with lots of street parking. Easy access to freeways, groceries & downtown Seattle.

Multi-familyProperty Type

1984Year Built

8,405 sq ftLot Size

$300Est. Price/Sq.Ft.

Listed by Carlo Delizo • RE/MAX Mutual Realty

Bought with Carlo Delizo • RE/MAX Mutual Realty

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #29067993

Redfin Estimate

$528,628

$329K since sold in July 2009$5,000 since September

Recently sold homes
Estimate history

This home's estimate is 26.6% lower than the average sale price ($720K) of 6 comparable homes.

SOLD JAN 5, 2026
$630,000
A
3 beds1.5 baths1,290 sq ft
420 SW 127th St, Seattle, WA 98146
Listing provided by nwmls
SOLD AUG 7, 2026
$649,950
B
3 beds2 baths1,330 sq ft
11935 8th Ave SW, Burien, WA 98146
Listing provided by nwmls
SOLD JAN 26, 2026
$799,000
C
3 beds2 baths1,830 sq ft
849 SW 125th St, Seattle, WA 98146
Listing provided by nwmls
SOLD JUL 1, 2026
$750,000
D
3 beds2 baths1,830 sq ft
13009 6th Pl SW, Seattle, WA 98146
Listing provided by nwmls
SOLD AUG 31, 2026
$839,950
E
3 beds3 baths2,610 sq ft
1302 SW 125th Pl, Burien, WA 98146
Listing provided by nwmls
BOUGHT WITH REDFIN JUN 15, 2026
$650,000
F
3 beds1.5 baths1,380 sq ft
12833 9th Ave SW, Burien, WA 98146
Listing provided by nwmls

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Earn from this home

Sell

$398,890

Est. take-home

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Refinance

Est. cash available

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Market trends in 98146, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.8%

0.1% MoM

Median sale price

$699K

$31K MoM

Avg. days on market

13d

4 days MoM

Recently sold homes

7 MoM

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Provided by Redfin

Sale history for 1040 SW 124th St

Date

Event

Price

Jul 13, 2009

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #29067993

$200,000

$114/sq ft

May 18, 2009

Delisted

NWMLS as Distributed by MLS Grid #29067993

—

May 13, 2009

Listed

NWMLS as Distributed by MLS Grid #29067993

$220,000

$125/sq ft

Nov 17, 2000

Sold (MLS)

NWMLS as Distributed by MLS Grid #20123542

$165,000

$94/sq ft

Oct 9, 2000

Listed

NWMLS as Distributed by MLS Grid #20123542

$165,000

$94/sq ft

Oct 10, 1990

Sold

Public Records

$99,500

$57/sq ft

Mar 30, 1983

Sold

Public Records

$41,500

$24/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$6,763 (+5.3%)

$288,000 + $288,000

$576,000

2025

$6,424 (+5.5%)

$288,000 + $288,000

$576,000

2024

$6,089 (+0.6%)

$260,000 + $320,000

$580,000

2023

$6,051 (+6.6%)

$257,000 + $270,000

$527,000

2022

$5,678 (+8.8%)

$257,000 + $300,000

$557,000

2021

$5,217 (+12.6%)

$217,000 + $245,000

$462,000

2020

$4,631 (+14.1%)

$192,000 + $217,000

$409,000

2019

$4,060 (+3.9%)

$132,000 + $213,000

$345,000

2018

$3,909 (+22.1%)

$132,000 + $213,000

$345,000

2017

$3,200 (+19.8%)

$111,000 + $166,000

$277,000

2016

$2,671 (+0.7%)

$94,000 + $134,000

$228,000

2015

$2,652 (−3.2%)

$82,000 + $113,000

$195,000

2014

$2,741 (+3.9%)

$79,000 + $108,000

$187,000

2013

$2,639 (−3.7%)

$72,000 + $112,000

$184,000

2012

$2,741 (−12.0%)

$68,000 + $107,000

$175,000

2011

$3,114 (−2.4%)

$110,000 + $125,000

$235,000

2010

$3,190 (−6.7%)

$110,000 + $134,000

$244,000

2009

$3,418

$110,000 + $187,000

$297,000

Tax history for 1040 SW 124th St

Year

Property tax

Land + Additions

Assessment*

2026

$6,763 (+5.3%)

$288,000 + $288,000

$576,000

2025

$6,424 (+5.5%)

$288,000 + $288,000

$576,000

2024

$6,089 (+0.6%)

$260,000 + $320,000

$580,000

2023

$6,051 (+6.6%)

$257,000 + $270,000

$527,000

2022

$5,678 (+8.8%)

$257,000 + $300,000

$557,000

2021

$5,217 (+12.6%)

$217,000 + $245,000

$462,000

2020

$4,631 (+14.1%)

$192,000 + $217,000

$409,000

2019

$4,060 (+3.9%)

$132,000 + $213,000

$345,000

2018

$3,909 (+22.1%)

$132,000 + $213,000

$345,000

2017

$3,200 (+19.8%)

$111,000 + $166,000

$277,000

2016

$2,671 (+0.7%)

$94,000 + $134,000

$228,000

2015

$2,652 (−3.2%)

$82,000 + $113,000

$195,000

2014

$2,741 (+3.9%)

$79,000 + $108,000

$187,000

2013

$2,639 (−3.7%)

$72,000 + $112,000

$184,000

2012

$2,741 (−12.0%)

$68,000 + $107,000

$175,000

2011

$3,114 (−2.4%)

$110,000 + $125,000

$235,000

2010

$3,190 (−6.7%)

$110,000 + $134,000

$244,000

2009

$3,418

$110,000 + $187,000

$297,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,405 Sq. Ft.

Year renovated

—

Sq. Ft.

1,760

Year built

1984

Style

Multi-Family (2-4 Unit)

County

King County

APN

374460 0421

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 4, 2026.

Property details

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet

Multi-Family Financial Information
Insurance Expense: $560
Net Operating Income: $10,734
Gross Adjusted Income: 17280
Gross Scheduled Income: $17,280
Total Monthly Income: 1440
Gross Rent Multiplier: 0
Total Expenses: 6546

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood, Wood Products

Property Information
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Average
Has View

Land Information
Possible Use: Multi-Family

Lot Information
Site Features: Patio
Lot Features: Corner Lot, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.193
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $3,418
Tax Year: 2009

Financial Information
Listing Terms: Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Buyer Financing: Cash

Utilities

Utility Information
Water Source: Public
Water Company: District 20
Power Company: Seattle City Light
Sewer: Sewer Connected
Sewer Company: District 20
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 2568

Location

HOA Information
Association Fee Frequency: Annually

School Information
Elementary School: Hazel Vly Elem
Middle Or Junior High School: Cascade Mid
High School: Evergreen High
High School District: Highline

Location Information
Directions: Hwy 509, Exit at SW 128th. Go W to Ambaum Blvd. W on SW 124th and property is on the North side of SW 124th St.

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 1,760
Stories: 2.0
Lot Size: 8,405 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1984
Year Renovated: —
County: King County
APN: 374460 0421

Home facts updated by county records on Sep 4, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Tuesday, May 12, 2009

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1760
Building Area Total: 1760
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Duplex
Stories Total: 2

Around this home

Schools

Hazel Valley Elementary School

Public PreK-5 • Assigned • 0.6mi

6/10

Cascade Middle School

Public 6-8 • Assigned • 0.7mi

4/10

Highline High School

Public 9-12 • Assigned • 2.0mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Burien is known for its charming Olde Burien district, local restaurants, and beautiful waterfront neighborhoods. Seahurst Park offers wooded trails and beach access, while Three Tree Point features stunning Sound views. I love how each neighborhood...
1 day ago • Burien
Shauna Rumel
Redfin agent
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 86° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

9 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Seattle, WA • 98146

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$503,000 – $608,000

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