Katie Hertenstein

17416 97th Avenue Sw

Vashon, WA
$ 1,295,000 Beds 10 Baths 5 Sq 4,160
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,295,000
  • City
  • Vashon
  • Bedrooms
  • 10
  • Full Bathrooms
  • 5
  • County
  • KING
  • Half Bathrooms
  • 0
  • Area
  • Vashon Island
  • Lot Size
  • 0.7502 Acres
  • Zip
  • 98070
  • Sqr Footage
  • 4,160
  • Year Built
  • 1957
  • Taxes
  • $ 12001
  • Style
  • Traditional
  • MLS#
  • 2586393
Listed By: COMPASS and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Chautauqua Elem
Middle School Mcmurray Mid
High School Vashon Isl High

Price History

9/23/2026 Listed $1,295,000

Property vs Zip Code Average in 98070

Price
AVG $1.4M
$1.3M
Taxes
AVG $11,348
$12,001
Year Built
AVG 1970
1957

In The Neighborhood

Areas That We Cover

17416 97th Avenue Sw Vashon, WA is a Single Family Home for sale at $1295000 with 4160 sqft and a lot size of 0.7502 Acres Acre(s). 17416 97th Avenue Sw Vashon has 10 bedrooms, 5 baths and was built in 1957. The property's zip code is 98070 which is in Vashon, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Katie Hertenstein

Katie Hertenstein

Real Estate Broker

360-450-8645

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy