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Listed by David W Petersen • Westlake Associates, Inc..
FOR SALE

$5,600,000

Est. $31,019/mo

30,329 sq ft

6230 S 129 Street, Seattle, WA 98178

• Listed Oct 8, 2026•6 days active · 6 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Westlake Associates, Inc.; David W Petersen; 206-300-8909; david@westlakeassociates.com

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Listing Broker: Westlake Associates, Inc.; David W Petersen; 206-300-8909; david@westlakeassociates.com

About this home

Arbor Woods is a 35-unit apartment community located at 6230 South 129th Street in Seattle, Washington. Originally constructed in 1978, Arbor Woods consists of five residential buildings situated on approximately 1.64 acres. The property offers a unit mix ranging from one-bedroom apartments to two-, three-, and four-bedroom townhomes. The community totals approximately 30,043 rentable square feet and includes 49 off-street parking spaces, a central courtyard, leasing office, on-site laundry, barbecue and picnic areas, and a leasing office.

Property type
Townhouse
Year built
1978
Interior
30,329 sq ft
Lot size
1.6401 acres
Parking
None
Price / sq ft
$185
HeatingBaseboard
CoolingNone
Property taxes$10,000/yr (est.)
School districtRenton

Listed by David W Petersen • Westlake Associates, Inc.

Listing updated: October 8, 2026 at 01:58pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2592544

Around this home

RexMont OfferEdge™

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6230 S 129 Street, Seattle, WA 98178

List price
$5,600,000
Down payment
$1,120,000

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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

  • Baseboard heating
  • None cooling

Schools

Ratings via SchoolDigger

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
35
Units in building
35
Units below grade
false
Building square feet
30,329 sq ft

Income & expenses

Gross scheduled income
$694,308
Total monthly income
$57,859
Additional monthly income
$543
Gross adjusted income
$659,593
Net operating income
$374,951
Cap rate
6.7%
Gross rent multiplier
8.07
Vacancy rate
5%
Total expenses
$284,642
Insurance
$52,709
Other expenses
$144,480
Water / sewer / garbage paid by
77453

Parking & storage

Parking spaces
49
Uncovered parking
49

Taxes & assessment

Annual taxes
$10,000
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

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Sales & Tax Records for 6230 S 129 Street

NWMLS via MLS Grid · King County Assessor

Every 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.

  1. Oct 8, 2026
    Listed
    NWMLS via MLS Grid · #2592544
    $5,600,000
    $185/sq ft
  2. Nov 13, 2025
    Recorded sale
    King County recorder · Statutory warranty deed
    $3,951,250
    $130/sq ft
  3. Dec 21, 2010
    Sold
    NWMLS via MLS Grid · #49898
    $2,350,000
    $77/sq ft
  4. May 6, 2010
    Pending
    NWMLS via MLS Grid · #49898
    $2,900,000
    $96/sq ft
  5. Apr 1, 2010
    Listed
    NWMLS via MLS Grid · #49898
    $2,900,000
    $96/sq ft

Mortgage payment forecast

$33,252 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: 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%.

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Listing Broker: Westlake Associates, Inc.; David W Petersen; 206-300-8909; david@westlakeassociates.com

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

  • 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 67 days.

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Market 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 14, 2026 at 11:11 PM 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.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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