™by The Broker Team$1,295,000
Active17416 97th Ave SW, Vashon, WA 98070
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REPORTED FEATURES
Why you might love it
YOUR SEARCH
Why it matched
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TAKE A CLOSER LOOK
Reasons to see it in person
- Listed Sep 23
- Explore the layout of the 32,678 sq ft lot
YOUR NEXT CHAPTER
Be ready when you find the one
- ✓Search
- 2Narrow
- 3Pre-approval
- 4Tour
- 5Offer
You’re taking a closer look. A licensed loan officer can help you prepare for the next step.
Mortgage Lending Group · Company NMLS 1157983 · Enrique Pelayo Jr. NMLS 131435
THE FACTS
Home details
Interior
- Bedrooms
- 10
- Bathrooms
- 5
- Interior area
- 4,160 sq ft
- Levels
- Two
- Flooring
- Laminate, Vinyl Plank, Carpet
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Other features
Exterior & lot
- Home type
- House
- Year built
- 1957
- Lot size
- 32,678 sq ft
- Exterior
- Wood
Parking
- Parking spaces
- 7
- Parking features
- Off Street
Systems
- Heating
- Baseboard, Wall Furnace
- Cooling
- None
- Water
- Public
- Sewer
- Sewer Connected
Taxes & HOA
- Annual property tax
- $12,001 (2025)
- Monthly HOA
- $0
FROM THE LISTING
About this home
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.
AROUND THE HOME
Nearby places
© OpenStreetMap contributors. Straight-line distances are estimates; routes and opening hours may differ.
MLS SCHOOL INFORMATION
Schools
Vashon Island School District
Elementary: Chautauqua Elem
Middle: Mcmurray Mid
High: Vashon Isl High
School assignments can change. Confirm with the district before you decide. No ratings or rankings are provided.
CURRENT CITY LISTINGS
Market snapshot
Vashon
City-wide active listings in our approved IDX feed · 10/13/2026, 1:04:48 AM Pacific.
KEEP EXPLORING
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Built in 1957 · About 69 years old.