3740 S 142nd Street, Tukwila, WA, 98168

This property represents a premier land bank opportunity, combining immediate rental income with massive future development upside.Existing 3-bedroom home is clean, livable, and rentable, making an ideal asset to hold while you finalize long-term plans.With new roof and mini-split heating/cooling system, home is low-maintenance and ready to be occupied or rented immediately.For investor, current house provides steady cash flow to offset holding costs.Estimated rent $2,500 per month.Solid condition and updated systems ensure high tenant demand and minimal near-term capital expenditures.The true value is the supercharged Neighborhood Commercial Center (NCC) zoning.Under Tukwila's recent 2025 code updates, the development potential has been significantly expanded to favor high-density, transit-oriented projects.New standards allow for 60-foot height limits, zero-foot setbacks, and reduced parking requirements, giving developers the flexibility to maximize the entire footprint of the lot for a vibrant mixed-use or multifamily project.Buyer to verify...See More