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18449 1st Avenue S Normandy Park, WA $ 2,300,000
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18449 1st Avenue S
$ 2,300,000
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New Construction
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18449 1st Avenue S

Normandy Park, WA, 98148
$ 2,300,000
Baths0.0 Sq 15,781

Monthly Estimate*

$ 14,349

Listed by Paragon Real Estate Advisors
18449 1st Avenue S, Normandy Park, WA 98148 - Image 1
18449 1st Avenue S, Normandy Park, WA 98148 - Image 2
18449 1st Avenue S, Normandy Park, WA 98148 - Image 3
18449 1st Avenue S, Normandy Park, WA 98148 - Image 4
18449 1st Avenue S, Normandy Park, WA 98148 - Image 5
18449 1st Avenue S, Normandy Park, WA 98148 - Image 6
18449 1st Avenue S, Normandy Park, WA 98148 - Image 7
18449 1st Avenue S, Normandy Park, WA 98148 - Image 8
18449 1st Avenue S, Normandy Park, WA 98148 - Image 9
18449 1st Avenue S, Normandy Park, WA 98148 - Image 10
18449 1st Avenue S, Normandy Park, WA 98148 - Image 11
18449 1st Avenue S, Normandy Park, WA 98148 - Image 12
18449 1st Avenue S, Normandy Park, WA 98148 - Image 13
18449 1st Avenue S, Normandy Park, WA 98148 - Image 14
18449 1st Avenue S, Normandy Park, WA 98148 - Image 15
Studio

Multi-Family Home for sale in Normandy Park, WA

for $2,300,000. This 15,781 square foot home was built in 2019 on a lot size of 0.3139.

Partially completed (75%) mixed-use apartment building located in the excellent community of Normandy Park. Normandy Park is one of the fastest growing suburbs in King County and is well-positioned for success with high rental demand and very little nearby new construction. Approx 2,596 SF of commercial space on the 1st floor that has been divided into 6 live-work units offering flexibility. The 2nd and 3rd floors are comprised of 6 large, condo-style residential units with a total of approx. 7,000 SF. The large 13,673 SF lot has 18 off-street parking stalls, two of which are ADA accessible. The flexibility and short timeline to finish a new product makes this a very unique and lucrative opportunity for the future owner.

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Multi-Family Pending

Price

$ 2,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 27,418

Style

10+ Units

Lot Size

0.3139

Year Built

2019

Town/City

Normandy Park

County/Region

King

MLS | Web ID

2400365
Features
General
Living Area 0
Sewer Sewer Connected
Heating Heat Pump
Cooling Heat Pump
Possession Closing
Roof Composition
HOA Fee 0
Year Built 2019
Property Subtype Multi Family
Tax Year 2024
County King
Net Operating Income 0
Insurance Expense 0
New Construction Y
Property Type Residential Income
HOA N
Subdivision Name Normandy Park
Special Listing Conditions None
Status Pending
Directions From I5S take exit for WA 518 W. Take Des Moines Mem Dr (DMD) Exit. Left on DMD. Left to stay on DMD. Slight Right on S Normandy Rd. Left on 1st Ave S. Property is on the left.
City Normandy Park
Senior Community Y/N N
High School District Highline
Open Parking Spaces 18
Number Of Units Total 12
MLS Area 130 - Burien/Normandy Park
Lot Size Units Square Feet
Lot Size Square Feet 13673
Carport Spaces 0
Carport Y/N N
Listing Terms Conventional
Tax Annual Amount 27418
Electric Expense 0
Fuel Expense 0
Property Condition Under Construction
Public Remarks Partially completed (75%) mixed-use apartment building located in the excellent community of Normandy Park. Normandy Park is one of the fastest growing suburbs in King County and is well-positioned f
Leasable Area 9596
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities Elevator
Units Below Grade false
Units In Building Total 12
Water Sewer Garbage 0
Property Style 56 - 10+ Units
Cap Rate 0
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Exterior
Exterior Amenities Cement Planked Wood Products
Total Parking 18
Foundation Details Poured Concrete
Building Area Total 15781
Lot Size Acres 0.3139
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 18
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Interior
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2400365
Street Number 1 18449
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* Excluded Features
List By
Will Douglas

Listing Agent

Paragon Real Estate Advisors

Broker

Affordability Calculator

$16,634
Per Month
86%
14%
0%
Monthly Principal & Interest
$14,349
Monthly Property Taxes
$2,285
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257587 Elementary School
257649 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/2/2025$2,300,000 Listed Price

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18449 1st Avenue S, Normandy Park, WA, 98148 is a Multi-Family Home for sale at $2,300,000 with 15,781 sqft and a lot size of 0.3139. 18449 1st Avenue S is a studio with 0.0 baths and was built in 2019. The property's zip code is 98148 which is in Normandy Park, WA

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