26902 169th Pl SE, Covington, WA 98042

Multifamily · Covington · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise apartments, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 5 reachable multifamily buildings in Covington.

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Building size
103,845 SF, King County Assessor
Lot size
84,840 SF, King County Assessor
Year built
2008, King County Assessor
Stories
5, King County Assessor
Predominant use
Covington Place Retirement Apts, King County Assessor
Units
121, King County Assessor
Assessed value
$25,473,300, per the King County Assessor (not a market appraisal)
Assessed value per building SF
$245.30/SF, derived from assessor records
Lot coverage
122%, derived from assessor records
Vintage
2000s vintage
Zoning
MC, King County
County use code
Apartment
Construction (observed)
wood frame, AI estimate from public imagery
Parking (observed)
surface lot, AI estimate from public imagery
Frontage (observed)
interior, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

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Sale history and market context

MakeMe Estimate: $27,096,736 (estimated market value), with a likely range of $24,750,278 to $27,964,054 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $224K per unit at the midpoint (121 units).

Last sold: 2007-11-02 for $878,000 (recorded arm's-length sale).

Current ownership dates to 2019 (about 7 years) per recorded transfers.

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$8.48M$17M$25.4M$33.9M202120222023202420252026County appraised valueEstimated value (modeled range)

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $19,615,700 (2021) to $25,473,300 (2026), up 30% over 5 years, per county tax rolls. The 2026 roll splits $25,473,300 into $1,691,700 land and $23,781,600 improvements.

Taxes

Permit history

Source: King County permit records (newest first).