3740 S 142nd

Tukwila, WA 98168

  • 2 Bed

  • 1 Bath

  • 1020 SqFt

  • 2 DOM

  • Built: 1941

  • Status: Active

$549,950

X

3740 S 142nd

Tukwila 98168

Open Sun, Apr 26th, 2PM to 4PM

$549950

  • 2 Bed

  • 1 Bath

  • 1020 SqFt

  • 2 DOM

  • Built: 1941

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

This property represents a premier land bank opportunity, combining immediate rental income with massive future development upside. Existing 3-bedroom home is clean, livable, and rentable, making an ideal asset to hold while you finalize long-term plans. With new roof and mini-split heating/cooling system, home is low-maintenance and ready to be occupied or rented immediately. For investor, current house provides steady cash flow to offset holding costs. Estimated rent $2,500 per month. Solid condition and updated systems ensure high tenant demand and minimal near-term capital expenditures. The true value is the supercharged Neighborhood Commercial Center (NCC) zoning. Under Tukwila's recent 2025 code updates, the development potential has been significantly expanded to favor high-density, transit-oriented projects. New standards allow for 60-foot height limits, zero-foot setbacks, and reduced parking requirements, giving developers the flexibility to maximize the entire footprint of the lot for a vibrant mixed-use or multifamily project. Buyer to verify. Ideally located in a pedestrian-focused corridor, this site is perfectly positioned to benefit from Tukwila’s rapid growth. Whether you are looking for a stable rental to add to your portfolio or a high-capacity development site near transit, this property offers a rare "best of both worlds" scenario. Secure a functional income-generator today and capitalize on its extraordinary vertical potential tomorrow.

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Residence Information

  • 1020

  • 2

  • 1

  • 0

  • 1

  • Composition

  • 10 - 1 Story

  • 1941

  • Poured Concrete

Features and Utilities

  • Dryer, Refrigerator, Stove(s)/Range(s), Washer

  • See Remarks

  • Public

  • Sewer Connected

Financial

  • 458

  • Cash, Conventional

  • 04-24-2026

Comparable Information

  • 2

  • 2

  • Cash, Conventional

  • $549,950

  • $549,950

  • Apr 24, 2026 21:20

Schools

Map

Listing courtesy of Skyline Properties, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Apr 26, 2026 01:37 | Listing last modified Apr 24, 2026 21:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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