$1,925,000
Est. $10,663/mo9,250 sq ft
1017 SW 154th Street, Burien, WA 98166
• Listed Jan 2, 2026•310 days active · 310 cumulative
Listing Broker: Paragon Real Estate Advisors; Ryan Iles; 206-812-9119; ryan@paragonrea.com
Talk to a local RexMont expert
A local broker replies within minutes
Listing Broker: Paragon Real Estate Advisors; Ryan Iles; 206-812-9119; ryan@paragonrea.com
About this home
Built in 1967, the Holly Lane Apartments sit on a 12,846 sqft lot in a peaceful lakeside neighborhood in the heart of downtown Burien. The building is comprised of 10 spacious two-bedroom/one-bathroom floor plans that average 925 sqft. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, and private balconies/patios. The units have been well maintained with a mix of “classic” interior finishes and light updates such as LVP flooring and appliances. Building features and amenity spaces include a very large common laundry area on the lower level, secure resident and manager/owner storage lockers and a large office space suitable for a property manager.
Listed by Ryan Iles • Paragon Real Estate Advisors
Listing updated: September 17, 2026 at 11:31am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2464787
Around this home
How much should you offer?
1017 SW 154th Street, Burien, WA 98166
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- 10+ Units
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDigger- Seahurst Elementary SchoolPublic · Grades PK-5 · 0.5 mi · State rank 1,054 of 1,1381/10
- Sylvester Middle SchoolPublic · Grades 6-8 · 0.6 mi · State rank 282 of 5144/10
- Highline High SchoolPublic · Grades 9-12 · 0.8 mi · State rank 344 of 3962/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 10
- Units in building
- 10
- Units below grade
- false
- Building square feet
- 9,250 sq ft
Income & expenses
- Gross scheduled income
- $192,216
- Total monthly income
- $16,018
- Additional monthly income
- $275
- Gross adjusted income
- $182,605
- Net operating income
- $96,350
- Cap rate
- 5.01%
- Gross rent multiplier
- 10.01
- Vacancy rate
- 5%
- Total expenses
- $86,255
- Insurance
- $11,500
- Other expenses
- $20,236
- Water / sewer / garbage paid by
- 29916
Taxes & assessment
- Annual taxes
- $24,603
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 1017 SW 154th Street
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Jun 30, 2026SoldNWMLS via MLS Grid · #2488410$1,910,000$206/sq ft
- Mar 17, 2026PendingNWMLS via MLS Grid · #2488410$2,100,000$227/sq ft
- Mar 6, 2026ListedNWMLS via MLS Grid · #2488410$2,100,000$227/sq ft
- Jan 2, 2026ListedNWMLS via MLS Grid · #2464787$1,925,000$208/sq ft
- Dec 8, 2014Recorded saleKing County recorder · Special warranty deed$909,500$98/sq ft
- Mar 12, 1986Recorded saleKing County recorder · Warranty deed$349,979$38/sq ft
Mortgage payment forecast
$13,194 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Paragon Real Estate Advisors; Ryan Iles; 206-812-9119; ryan@paragonrea.com
Market pulse
Burien is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 66 days.
Recent sales nearby
Within 1 mile · last 6 months$680,000 Sold
2 days ago
3 bd•1 ba•~1,130 sq ft•Single Family
1458 SW 152nd Street, Burien, WA 98166
0%
Over list
—
Days on market
0.4 mi
Distance
$680,000 Sold
2 days ago
3 bd•1 ba•~1 sq ft•Single Family
1458 SW 152nd Street, Burien, WA 98166
0%
Over list
—
Days on market
0.4 mi
Distance
$539,500 Sold
4 days ago
3 bd•1.5 ba•~1,060 sq ft•Single Family
13932 4th Avenue SW, Burien, WA 98166
0%
Over list
34
Days on market
1.0 mi
Distance
$425,000 Sold
5 days ago
4 bd•1 ba•~1,400 sq ft•Single Family
15808 22nd Avenue SW, Burien, WA 98166
0%
Over list
—
Days on market
0.7 mi
Distance
$698,450 Sold
5 days ago
3 bd•2 ba•~1,560 sq ft•Single Family
1819 SW 149th Street, Burien, WA 98166
0%
Under list
39
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 18, 2026 at 5:07 AM PT (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
