Multifamily · Tukwila · Seattle-Bellevue metro, WA
One of 102 reachable multifamily buildings in Tukwila. Larger than 89% of multifamily buildings in Tukwila (median 23,104 SF), derived from assessor records.
Usable building area
93,732 SF, King County Assessor
Lot size
319,685 SF, King County Assessor
Year built
1986, King County Assessor
Stories
3, King County Assessor
Predominant use
132-Unit Apt Complex, King County Assessor
Units
132, King County Assessor
Assessed value
$29,521,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$314.95/SF, derived from assessor records
Usable area / lot
0.29, derived from assessor records
Vintage
1980s vintage
Zoning
R-18, King County
County use code
Apartment
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $29.8M (estimated market value), with a likely range of $28.5M to $32.5M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works. About $226K per unit at the midpoint (132 units).
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Multifamily in Tukwila
median verified sale $236.34/SF over the trailing 24 months; median $196,667 per unit; 4 sales in the last 12 months and 5 in 24 (newest verified sale 2025-04).
2022: $247.28/SF median (4 sales)
2025 YTD: $293.53/SF median (4 sales)
Computed from 128 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2004-11-29 for $10,144,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2022-07-15: $78,098,800 from Private party to Tlus Rise Highline-LP (part of a 2-parcel sale; price is the whole deal), rec. 20220718000523
2017: transferred to CG Park South LLC, no consideration (2 recorded transfers, 2017 to 2017)
2014-05-29: $29,744,400 from MG Park South Apartments LP+MGF Park South LLC to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20140529001538
2004-11-29: $10,144,000 from Park South Apartments to MG Park South Apartments LP, rec. 20041130001227
1985-05-10: $815,000 from M & H Investments to Park South Apartments, rec. 198505161088
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $8,094,000 (2011) to $29,521,000 (2026), up 265% over 15 years, per county tax rolls. The 2026 roll splits $29,521,000 into $3,996,000 land and $25,525,000 improvements.
Zoning: R-18 (per King County)
Lot: 319,685 sq ft
Rated views: Territorial
Nuisance flags: Airport noise
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Multiple Residence (Low Rise) 93,732 SF (county building sections)