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72-Unit, 1989-Vintage Multifamily Complex at 15805 40th Place South Comes to Market in Tukwila

Summary by The Registry
A 1989-vintage, six-building apartment complex in Tukwila has come to market without a disclosed asking price, offering a renovation-focused buyer 72 units of aging stock four minutes from Sound Transit’s light rail network in a South King County submarket that averaged $1,830 per month in Q1 2026 — roughly $200 below Seattle proper — framing the spread between unrenovated and renovated rents as the primary path to returns. A six-building, 72-un…
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The Registry broke the news on Thursday, July 9, 2026.
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