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18449 1st Avenue S, 
Normandy Park, WA 98148

$2,300,000

—

Bed

—

Bath

15,781

Sq Ft

Multi-Family

Active

Listed by

Will Douglas

, 

Ryan Iles

Paragon Real Estate Advisors

Last updated:

July 4, 2025, 12:22 AM

MLS#

2400365

Source:

NWMLS

About This Home

18449 1st Avenue S

Partially completed (75%) mixed-use apartment building located in the excellent community of Normandy Park. Normandy Park is one of the fastest growing suburbs in King County and is well-positioned for success with high rental demand and very little nearby new construction. Approx 2,596 SF of commercial space on the 1st floor that has been divided into 6 live-work units offering flexibility. The 2nd and 3rd floors are comprised of 6 large, condo-style residential units with a total of approx. 7,000 SF. The large 13,673 SF lot has 18 off-street parking stalls, two of which are ADA accessible. The flexibility and short timeline to finish a new product makes this a very unique and lucrative opportunity for the future owner.

Home Facts

Multi-Family

Built in 2019

Price Summary

2,300,000

$145 per Sq. Ft.

MLS #:

2400365

Last Updated:

July 4, 2025, 12:22 AM

Rooms & Interior

Interior

Living Area:

15,781 Sq. Ft.

Structure

Structure

Building Area:

15,781 Sq. Ft.

Year Built:

2019

Lot

Lot Size (Sq. Ft):

13,673

Finances & Disclosures

Finances

Price:

$2,300,000

Price per Sq. Ft:

$145 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 19, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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