$490,000
Listed at $549,9502 bd•1 ba•1,020 sq ft
3740 S 142nd Street, Tukwila, WA 98168
• Listed Apr 24, 2026
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Listing Broker: Skyline Properties, Inc.; Matthew Reichlin; 206-522-3400
Buyer Broker: Real Broker LLC
About this home
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.
Listed by Matthew Reichlin • Skyline Properties, Inc.
Listing updated: July 19, 2026 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2512253
Around this home
Property details
Kitchen
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
- 2 on the main level
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- 1 Story
- 1,020 sq ft finished
Flooring
- Carpet
Heating & cooling
- Ductless heating
- Ductless cooling
Schools
Ratings via SchoolDigger- Alki Elementary SchoolPublic · Grades PK-5 · 9.0 mi · State rank 117 of 1,1608/10
- Aki Kurose Middle SchoolPublic · Grades 6-8 · 4.8 mi · State rank 240 of 5346/10
- Alan T. Sugiyama High SchoolPublic · Grades 9-12 · 3.5 mi—
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level
- Zoning jurisdiction
- City
- Faces
- North
Systems
- Energy source
- Electric
- Power production
- Electric
- Irrigation water rights
- No
New construction
- Square footage source
- King County
- Lot size source
- King County
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
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 3740 S 142nd 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 18, 2026SoldNWMLS via MLS Grid · #2512253$490,000$480/sq ft
- May 11, 2026PendingNWMLS via MLS Grid · #2512253$549,950$539/sq ft
- Apr 24, 2026ListedNWMLS via MLS Grid · #2512253$549,950$539/sq ft
Market pulse
Tukwila is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 53 days.
Recent sales nearby
Within 1 mile · last 6 months$170,000 Sold
5 days ago
3 bd•1.75 ba•Single Family
13215 35th Avenue S, Tukwila, WA 98168
6%
Over list
50
Days on market
0.6 mi
Distance
$465,000 Sold
1 week ago
3 bd•1.5 ba•~1,320 sq ft•Single Family
14428 31st Avenue S, SeaTac, WA 98168
7%
Under list
72
Days on market
0.4 mi
Distance
$815,000 Sold
2 weeks ago
4 bd•2.5 ba•~2,740 sq ft•Single Family
2906 S 135th Street, Tukwila, WA 98168
2%
Under list
166
Days on market
0.6 mi
Distance
$795,000 Sold
3 weeks ago
8 bd•3 ba•~2,390 sq ft•Single Family
14516 27th Place S, SeaTac, WA 98168
1%
Over list
44
Days on market
0.6 mi
Distance
$730,000 Sold
3 weeks ago
4 bd•3 ba•~2,180 sq ft•Single Family
4248 S 148th Street, Tukwila, WA 98168
3%
Under list
86
Days on market
0.5 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
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 19, 2026 at 04:05am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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