Refine Search
Sort by
17420 97th Place SW, Vashon
$1,249,000
3 Beds ⋅ 2 Baths ⋅ 2590323 MLS ⋅ ACTIVE Status
Two income-producing homes with excellent future development potential in the heart of Vashon Town. These contiguous R-12 parcels are each improved with a well-maintained 3BR/2BA manufactured home and supported by three water shares for each parcel. The subject property is leased to a long-term tenant at $3,050/month, including use of the detached garage. Seller’s preference is to sell together with 17402 97th Pl SW, also zoned R-12 and currently rented for $2,400/month, creating a two-property package with six total water shares and strong existing income while development is planned and permitted. Also available is adjoining MLS #2586393, a five-plex producing $8,175/month. Acquisition of all three properties creates a rare assemblage opportunity with 7 existing dwelling units, approximately 1.16 acres of R-12 land and 12 total water shares. Development potential across the combined parcels, subject to County and utility approval. Ideal for investors seeking stable income, developers evaluating future infill, or buyers considering phased redevelopment. Buyer to independently verify zoning, water availability, density, utility capacity, development feasibility and all intended uses. Please respect tenant privacy; interior access after accepted offer with appropriate contingency. Sewer, water, gas & xfinity cable for utilities.

17420 97th Place SW, Vashon

Listing Broker: COMPASS; Connie Sorensen; 206-819-7669; connie.sorensen@compass.com

17416 97th Avenue SW, Vashon
$1,295,000
10 Beds ⋅ 5 Baths ⋅ 2586393 MLS ⋅ ACTIVE Status
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.

17416 97th Avenue SW, Vashon

Listing Broker: COMPASS; Connie Sorensen; 206-819-7669; connie.sorensen@compass.com

17416 97th Avenue SW, Vashon
$1,295,000
2583315 MLS ⋅ ACTIVE Status
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.

17416 97th Avenue SW, Vashon

Listing Broker: COMPASS; Connie Sorensen; 206-819-7669; connie.sorensen@compass.com

Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.