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4238 S 164th Street, Tukwila, WA, 98188

8beds
4baths
3,620sqft
$1,150,000
$318price/sqft
$7,472/moest. monthly cost
$298,880/yrincome needed

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

51
WalkingSomewhat Walkable
56
TransitGood Transit
56
BikeBikeable

Schools

4/10
Chinook Middle SchoolGrades 6-81.5 mi
2/10
Tyee High SchoolGrades 9-121.5 mi

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