Listing provided courtesy of Windermere Real Estate Midtown. Bought with ZNonMember-Office-MLS.
Off Market Feb 2016 for $2.8M
$4,099,377
—
bd
•
— ba
•
22,830
sq ft
10106 SW Bank Rd, Vashon, WA 98070
About this home
Great unit mix - 1 studio, 12 1BRs, 14 2BRs and a small manager's office, plus an additional 28 storage units with roll-up doors at the rear of the property. Apartment units are large, have storage rooms and washer-dryers in the units. There are 51 parking spaces, 46 open, 6 covered. Building is newer - 1994 construction.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
1.09 Acres
Year renovated
2008
Sq. Ft.
22,835
Year built
1994
Style
Multi-Family (5+ Unit)
County
King County
APN
302303 9214
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 7, 2026.
Jul 3, 2012 • Final
Building historical
Construct two residential buildings with twenty-six units at Vashon Place. This work specifically includes building B.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 45
Open Parking Spaces: 45
Carport Spaces: 6
Has Open Parking
Interior
Heating & Cooling
Has Heating
Multi-Family Financial Information
Insurance Expense: $11,139
Other Expense: $27,300
Net Operating Income: $167,050
Gross Adjusted Income: 292177
Gross Scheduled Income: $298,140
Total Monthly Income: 24845
Gross Rent Multiplier: 10
Total Expenses: 125127
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 27
Vacancy Rate: 2
# of Units (Total): 2
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood
Property Information
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: King County Records
Lot Size Units: Square Feet
Lot Size Acres: 2.18
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $38,138
Tax Year: 2015
Financial Information
Listing Terms: Cash Out
Buyer Financing: Conventional
Utilities
Utility Information
Sewer: Sewer Connected
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 31000
Location
School Information
High School District: Vashon Island
Location Information
Directions: To Vashon town center on Vashon Highway, go west on main intersection (Bank Rd.) about 250 yards. Property on right, just beyond fire station.
Public facts
Beds: —
Baths: —
Sq. Ft.: 22,835
Stories: 3.0
Lot Size: 1.09 acres
Style: Multi-Family (5+ Unit)
Year Built: 1994
Year Renovated: 2008
County: King County
APN: 302303 9214
Home facts updated by county records on Jul 7, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Tuesday, October 27, 2015
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 22830
Building Area Total: 22830
Building Area Units: Square Feet
Year Built Effective: 1994
Effective Year Built Source: Public Records
Structure Type: Multi Family
Stories Total: 3
Around this home
Schools
Chautauqua Elementary School
Public PreK-5 • Assigned • 1.5mi
8/10
Mcmurray Middle School
Public 6-8 • Assigned • 1.4mi
8/10
Vashon Island High School
Public 9-12 • Assigned • 1.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Vashon, WA • 98070
Average low and high temperatures (°F)
46
37
47
38
52
41
60
44
65
48
71
52
77
55
75
57
70
54
59
47
51
43
48
41
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.