For Sale61d on market
12149 Des Moines Memorial Drive S
Seattle, WA, 98168 • Southern Heights • King County
$399,950
0.49 acLot
Property DNA
Multi-Family Style
Multi-Family architecture
Burien
Southern Heights
This home is getting attention
Listed 61 days ago · 93 views · 5 saves
Market activity
Demand and pricing signals for this listing
93 views
People checking out this listing
5 saves
Buyers have saved this home
61 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 45% 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
Lot
Rare opportunity to acquire a 7-unit townhome development site. This property features 21,246 sq. ft. of cleared land with conditional approval, ready for development. The lot has been previously cleared with an existing access way, reducing pre-construction work and allowing for a quicker build. Located in a vibrant Burien community, the site offers easy access to Seattle, Sea-Tac Airport, and major transportation routes, making it highly attractive for modern townhome development. Perfect for builders or investors looking to capitalize on the strong demand for multi-family housing, this site combines location, readiness and investment potential. Priced for a quick sale, opportunities like this are rare in the Seattle metro area. Don’t miss your chance to develop high quality townhomes in a growing market!
Estimated monthly payment
Based on current rates
$2,490/month
Principal & Interest$1,957
Property Tax$400
Insurance$133
Down payment20% ($79,990)
3%50%
Est. 6.18% rate · 30yr fixed · $319,960 loan
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Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
StyleMulti-Family
Systems
Water / SewerAvailable / Available
Parking & Outdoor
Lot0.49 Acres
Location & Tax
NeighborhoodSouthern Heights
Annual tax$3,246
Parcel0985000860
Features & details
2 categories of property features
Exterior Features
Utilities
Electricity Available
Natural Gas Available
Gas
Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market61
Est. rent$2,749/mo
Tax rate0.82%
On marketFeb 3, 2026
PostedFeb 5, 2026
Last sold$500,000
MLS statusActive
MLS updatedFeb 22, 2026
Tour days6
Views93
Favorites5
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98168
Price history
6 events
DateEventPrice$/sqftSource
Feb 5, 2026Listed For Sale$399,950—NWMLS as distributed by MLS GRID
Aug 5, 2022Sold$500,000—Public Record
Apr 9, 2021Sold$400,000—Public Record
Dec 31, 2012Sold$70,000—Public Record
Jan 31, 2011Sold$119,037—Public Record
Jul 14, 2006Sold$199,950—Public Record
Listed For Sale$399,950
Feb 5, 2026•NWMLS as distributed by MLS GRID
Sold$500,000
Aug 5, 2022•Public Record
Sold$400,000
Apr 9, 2021•Public Record
Sold$70,000
Dec 31, 2012•Public Record
Sold$119,037
Jan 31, 2011•Public Record
Sold$199,950
Jul 14, 2006•Public Record
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2024$3,246$302,700
Apr 7, 2023$3,324$297,400
Apr 7, 2022$2,797$265,500
Apr 7, 2021$2,913$244,300
Apr 7, 2020$2,886$233,700
Apr 7, 2019$2,600$212,400
Apr 7, 2018$1,443$127,400
Apr 7, 2017$1,725$127,400
Apr 7, 2016$1,980$127,400
Apr 7, 2015$1,980$148,700
Apr 7, 2014$1,980$148,700
Apr 7, 2011—$169,900
Apr 7, 2010—$212,400
Apr 7, 2009—$212,400
Apr 7, 2007—$84,900
Apr 7, 2006—$84,900
Apr 7, 2005—$84,900
Apr 7, 2001$1,070$85,000
Apr 7, 2000$1,106$85,000
Nearby homes
Neighborhood details
Local context around this listing
Seattle, 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 04:48:31 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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