Address
17416 97th Avenue Sw, Vashon, WA
Price
$ 1,295,000
Property Attributes
- ID#2586393
- TypeSingle Family
- CountyKING
- CityVashon
- AreaVashon Island
- NeighborhoodIn Town
- Zip98070
- StyleTraditional
- Year Built1957
- Taxes$ 12001
- Price$ 1,295,000
- Bedrooms10
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage4160
- Lot Size0.7502 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Chautauqua Elem | Mcmurray Mid | Vashon Isl High |
| Price History | |
|---|---|
| 9/23/2026 | Listed $1,295,000 |
General Features
| Living Area | 4160 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Baseboard,Wall Furnace |
| Cooling | None |
| Possession | Closing,Subject To Tenant Rights |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer |
| Architectural Style | Traditional |
| Security Features | Partially Fenced |
| Year Built | 1957 |
| Topography | Level |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | King |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | In Town |
| Full Baths | 5 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | GPS Friendly. |
| High School | Vashon Isl High |
| City | Vashon |
| Senior Community Y/N | No |
| High School District | Vashon Island |
| MLS Area | 800 - Vashon Island |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 32678 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Elementary School | Chautauqua Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 12001 |
| Middle/Junior High School | Mcmurray Mid |
| Property Condition | Good |
| Public Remarks | 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 3B |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | KC Dist 19 |
| Total Actual Rent | 8175 |
| Property Style | 12 - 2 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Dbl Pane/Storm Window |
|---|---|
| Basement | None |
| Flooring | Laminate,Vinyl Plank,Carpet |
| Fireplace Features | Gas |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 10 |
| Main Level Bedrooms | 10 |
| Total Baths | 5 |
| Power Production Type | Electric,Natural Gas |
| Baths Full Main | 5 |
| Bathrooms | 5 |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Parking Features | Off Street |
| Lot Features | Dead End Street |
| Water Source | Public |
| Total Parking | 7 |
| Inclusions | Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Slab |
| Building Area Total | 4160 |
| Lot Dimensions | 171 'X 169' |
| Lot Size Acres | 0.7502 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings |
| Parking Uncovered Total | 7 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98070
Price
Taxes
Year Built
In The Neighborhood
Just Listed
Gig Harbor
$ 1,485,000
- Type
- Single Family | Active
- Size
- 2,950 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: John L. Scott, Inc.
Views
Orting
$ 399,950
- Type
- Single Family | Active
- Size
- 1,493 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Keller Williams Realty PS
Views
Orting
$ 449,995
- Type
- Single Family | Active
- Size
- 1,332 SqFt
- Rooms
- 3 Beds + 1.5 Baths
Listed by: RE/MAX Northwest
Orting
$ 425,000
- Type
- Single Family | Active
- Size
- 1,332 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: eXp Realty
Open House
Gig Harbor
$ 3,750,000
- Type
- Single Family | Contingent
- Size
- 5,987 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: Neighborhood Experts Real Est.
Reduced
Orting
$ 375,000
- Type
- Single Family | Active
- Size
- 2,044 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: The Real Estate Firm
Views
Gig Harbor
$ 1,325,000
- Type
- Single Family | Active
- Size
- 1,920 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Listed by: Real Broker LLC
Reduced
Orting
$ 359,950
- Type
- Single Family | Active
- Size
- 948 SqFt
- Rooms
- 3 Beds + 1 Baths
Listed by: John L. Scott Orting
Reduced
Gig Harbor
$ 2,339,000
- Type
- Single Family | Active
- Size
- 2,132 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Windermere Prof Partners
Views
Orting
$ 475,000
- Type
- Single Family | Active
- Size
- 1,340 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Windermere Prof Partners
Waterfront
Gig Harbor
$ 250,000
- Type
- Single Family | Active
- Rooms
- 0 Beds + 1 Baths
Listed by: Infinity Real Estate, LLC
Waterfront
Gig Harbor
$ 8,900,000
- Type
- Single Family | Active
- Size
- 7,457 SqFt
- Rooms
- 3 Beds + 4 Baths
Listed by: Hawkins Poe
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Pinnacle Partners are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 24, 2026 12:16 AM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
