17416 97th Avenue Sw, Vashon, WA 98070
Local realty services provided by:Tucker Realty ERA Powered
Listed by: connie sorensen, sara peterson
Office: compass
MLS#:2583315
Source:NWMLS
17416 97th Avenue Sw,Vashon, WA 98070
$1,295,000
- - Beds
- - Baths
- 4,160 sq. ft.
- Multi-family
- First Look
Price summary
- Price:$1,295,000
- Price per sq. ft.:$311.3
About this home
Rare Vashon investment and development opportunity! This established 5-unit multifamily property offers immediate income with future upside. The versatile mix includes a studio, two 2BR/1BA and two 3BR/1BA apartments with a history of strong occupancy. Current rents have intentionally been maintained below estimated fair-market levels, offering potential for increased rental income over time. Most units include a private washer & dryer and four units include fireplaces. The building has a newly installed roof, a significant infrastructure upgrade. The .75-acre R12-zoned parcel includes 6 water shares—an exceptional asset for future possibilities. Even more compelling, two contiguous R12SO-zoned parcels are also available, together offering 6 additional water shares. Acquisition of all three properties creates a rare assemblage opportunity with 12 total water shares, existing multifamily income and significant potential for a larger development vision. Explore the possibilities while benefiting from income already in place. Buyer to verify zoning, water availability, development potential and all intended uses. Please respect tenant privacy; no interior access without confirmed appointment....
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Home facts
- Year built:1957
- Subdivision & Development:In Town
- Listing ID #:2583315
- Updated:September 17, 2026 at 11:33 AM
Rooms and interior
- Flooring:Carpet, Laminate, Vinyl Plank
- Living area:4,160 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1957
- Building area:4,160 sq. ft.
- Lot area:0.75 Acres
- Lot Features:Dead-end Street
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Partially
Schools
- High school:Vashon Isl High
- Middle school:Mcmurray Mid
- Elementary school:Chautauqua Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$311.3
- Tax amount:$12,001 (2025)
Features and amenities
- Amenities:Cable TV, Gas Available, High Speed Internet
Parking
- Total parking spaces:7
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