4238 S 164th Street, Tukwila, WA, 98188
About This Home
Calling all real estate investors looking for their next cash-flowing opportunity in the greater Seattle area. 4238 S 164th Street in Tukwila presents a rare chance to acquire a high-income co-living investment in one of the Puget Sound region’s most strategically located rental markets. Configured for co-living with multiple rentable bedrooms and strong income potential, this turnkey property is ideally positioned to serve the growing demand for affordable workforce housing near Seattle’s largest employment centers. Located just minutes from Seattle-Tacoma International Airport, Boeing, Southcenter, Downtown Seattle, and major transit corridors including I-5, I-405, and Highway 518, the property offers exceptional convenience for tenants commuting throughout the metro area. The home’s flexible layout, ample parking, and accessibility make it especially well-suited for co-living or shared housing strategies aimed at maximizing rental income and long-term occupancy stability. Whether you are an experienced investor expanding your portfolio or entering the co-living space for the first time, this property offers a compelling combination of cash flow potential, strategic location, and a 30-year fixed-rate financing opportunity.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1926
Materials
- Roof: Composition
- Construction materials: Cement Planked,Wood Siding,Wood Products,Cement Plank
Notable Dates
- Major remodel year: 2017
Type & Style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)
Basement
- Has basement: Yes
- Basement: Finished
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bathroom Full
- Level: Second
Bathroom Full
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 2
Features
- Dining Room
- Window features: Dbl Pane/Storm Window
- Flooring: Stone,Vinyl Plank,Carpet
- Number of fireplaces: 1
- Fireplace features: Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Heat Pump,Electric,Natural Gas
- Cooling features: Heat Pump
Interior Area
- Total structure area: 3,620
- Total interior livable area: 3,620 sqft
Property
Details
- Parcel number: 5379800650
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Dbl Pane/Storm Window,Dining Room,Fireplace
Lot
- Lot size: 8,995 sqft
Parking
- Total spaces: 8
- Parking features: Driveway,Attached Garage
- Has garage: Yes
- Covered spaces: 2
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,815 | $69,780 |
| Home Insurance * | $259 | $3,108 |
| Property Taxes | $1,151 | $13,812 |
| Electricity | $247 | $2,971 |
| Total | $7,472 | $89,664 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-10 | Listed for sale | $1,150,000 |
| 2025-06-19 | Listing removed | $1,395 |
| 2025-05-03 | Listed for rent | $1,395 |
| 2024-05-06 | Sold | $1,020,000 |
| 2021-03-30 | Sold | $800,000 |
| 2018-02-07 | Listing removed | $634,950 |
| 2018-02-07 | Listed for sale | $634,950 |
| 2018-02-05 | Sold | $634,950 |
| 2018-01-07 | Pending sale | $634,950 |
| 2018-01-03 | Listed for sale | $634,950 |
| 2016-12-12 | Sold | $209,000 |
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