Sold742d on market
1111 SW 148th Street
Burien, WA, 98166 • Old Burien • King County
$1,000,000
$281/sqft
3,564Sqft
0.17 acLot
1973Built
Property DNA
Lake Burien
Old Burien
This home is in high demand
Listed 742 days ago · 15 views · Top 6% likely to sell soon
Market activity
Demand and pricing signals for this listing
15 views
People checking out this listing
742 days on market
Established listing
$281/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 6% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1973
Value-add investment opportunity in the heart of Lake Burien. This value-add fourplex offers spacious living with large 2-bedroom/1-bathroom units, perfect and one generously sized 1-bedroom/1-bathroom unit. With the ability to raise rents 40-50% in a high demand market stabilizing at a 7.2% market cap rate. Two units meticulously upgraded to modern standards with the opportunity to renovate two other 2b/1b top floor units with vaulted ceilings. The exterior needs cosmetic upgrades. Situated just three blocks away from the vibrant Olde Town Burien, residents enjoy easy access to an array of amenities including restaurants, cafes, and stores. Easy access to major freeways downtown Seattle and Bellevue.
Standout features identified
Our analysis highlights spacious living and vaulted ceilings as key attractions of this home.
Estimated monthly payment
Based on current rates
$6,201/month
Principal & Interest$4,868
Property Tax$1,000
Insurance$333
Down payment20% ($200,000)
3%50%
Est. 6.14% rate · 30yr fixed · $800,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1973
HeatingBaseboard, Electric
CoolingNone
Parking8 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionFair
Year built1973
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionStucco
Water / SewerPublic, Company: Highline water / Sewer Connected, Company: Southwest sewer
Parking & Outdoor
ParkingOpen
Lot7,618 sqft
Location & Tax
NeighborhoodOld Burien
Annual tax$9,873
Parcel1900000014
Features & details
5 categories of property features
Interior Features
Flooring
Vinyl Plank
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Stucco
Listing insights
Market data and value estimates
StatusSold
Days on market742
Est. value$1,036,300
Est. rent$2,470/mo
Tax rate0.82%
Price/sqft$281
On marketMar 22, 2026
PostedFeb 14, 2024
Last sold$1,000,000
MLS statusSold
MLS updatedMar 27, 2026
Tour days6
Views15
How are the schools in Burien?
3 schools rated nearby
Location
Burien, WA, 98166
Price history
16 events
DateEventPrice$/sqftSource
Mar 25, 2024Sold$1,000,000$281NWMLS as distributed by MLS GRID
Feb 20, 2024Pending Sale$975,000$274NWMLS as distributed by MLS GRID
Feb 14, 2024Listed For Sale$975,000$274NWMLS as distributed by MLS GRID
Sep 5, 2021Listing Removed——Zillow Rental Network Premium
Aug 25, 2021Listed For Rent$995—Zillow Rental Network Premium
Jan 22, 2018Listing Removed$1,395—RPM Today
Dec 24, 2017Price Change$1,395—RPM Today
Nov 30, 2017Price Change$1,449—RPM Today
Oct 29, 2017Listed For Rent$1,450—RPM Today
Sep 19, 2017Listing Removed$995—RPM Today
Sep 16, 2017Listed For Rent$995—RPM Today
Jul 28, 2013Listing Removed$895—Zillow Rental Network
Jun 27, 2013Listed For Rent$895—Real Property Management Today
Dec 19, 2012Listing Removed$895—www.RentalAds.com
Dec 18, 2012Listed For Rent$895—Real Property Management Today
Nov 27, 2002Sold$325,000$91NWMLS as distributed by MLS GRID
Sold$1,000,000
Mar 25, 2024•$281/sqft•NWMLS as distributed by MLS GRID
Pending Sale$975,000
Feb 20, 2024•$274/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$975,000
Feb 14, 2024•$274/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Sep 5, 2021•Zillow Rental Network Premium
Listed For Rent$995
Aug 25, 20210•Zillow Rental Network Premium
Listing Removed$1,395
Jan 22, 20180•RPM Today
Price Change$1,395
Dec 24, 20170•RPM Today
Price Change$1,449
Nov 30, 20170•RPM Today
Listed For Rent$1,450
Oct 29, 20170•RPM Today
Listing Removed$995
Sep 19, 20170•RPM Today
Listed For Rent$995
Sep 16, 20170•RPM Today
Listing Removed$895
Jul 28, 20130•Zillow Rental Network
Listed For Rent$895
Jun 27, 20130•Real Property Management Today
Listing Removed$895
Dec 19, 20120•www.RentalAds.com
Listed For Rent$895
Dec 18, 20120•Real Property Management Today
Sold$325,000
Nov 27, 2002•$91/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$9,409$812,000
Apr 7, 2023$10,088$841,000
Apr 7, 2022$9,873$877,000
Apr 7, 2021$10,295$812,000
Apr 7, 2020$9,555$727,000
Apr 7, 2019$8,486$647,000
Apr 7, 2018$6,452$523,000
Apr 7, 2017$7,110$486,000
Apr 7, 2016$5,166$414,000
Apr 7, 2015$5,166$385,000
Apr 7, 2014$5,166$348,000
Apr 7, 2013$5,166$362,000
Apr 7, 2012—$367,000
Apr 7, 2011—$348,000
Apr 7, 2010—$348,000
Apr 7, 2009—$348,000
Apr 7, 2007—$335,000
Apr 7, 2006—$217,000
Apr 7, 2005—$217,000
Apr 7, 2001$2,780$210,000
Apr 7, 2000$2,451$174,000
Nearby homes
Neighborhood details
Local context around this listing
Burien, WA • King County
Nearby neighborhoods
Beverly ParkBoulevard ParkEvansvilleGregory HeightsIngleseaMount ViewOld BurienShorewoodSouthern HeightsSunnydale
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
9806298146981489816698168
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Based on information submitted to the MLS GRID as of 2026-04-07 13:53:47 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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