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Property view

3740 S 142nd Street, 
Tukwila, WA 98168

$490,000


2

Beds


1

Bath


1,020

Sq Ft


Single Family

Sold

Listed by

Matthew Reichlin

Bought with Real Broker LLC

Skyline Properties, Inc.

MLS#

2512253

Source:

NWMLS

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About This Home

3740 S 142nd Street

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.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1941

Subdivision & Development:

Tukwila

Price Summary

549,950

$539 per Sq. Ft.

MLS #:

2512253

Sold:

June 18, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,020 Sq. Ft.


Structure

Structure

Architectural Style:

Cape Cod

Building Area:

1,020 Sq. Ft.

Year Built:

1941


Lot

Lot Size (Sq. Ft):

9,546


Finances & Disclosures

Finances

Price:

$549,950

Price per Sq. Ft:

$539 per Sq. Ft.

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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 28, 2026. 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 © 2026 MLS GRID. All Rights Reserved.