Riverton View Apartments, a 24-unit property located at 3455 S. 144th Street in Tukwila, Washington, has sold for $3,340,000.
Built in 1963, Riverton View offered a prime value-add opportunity with significant rental upside potential through strategic renovations. The property drew strong investor interest, receiving eight competitive offers and closing within 90 days of PSA execution.
With a price per unit of $139,167—and $197 per square foot—this sale highlights the sustained demand for high-potential multifamily assets in the region.
“Investor interest in value-add multifamily properties remains strong, especially in supply-constrained markets like Seattle,” said Fuller. “Even as the market evolves, opportunities with room for growth continue to attract strong interest and move quickly.”
The apartment brokerage team led by Dylan Simon and Jerrid Anderson of Kidder Mathews represents apartment investors, developers, and landowners in the sale and purchase of apartment buildings and development land across the entire State of Washington. The team of 13 brokerage professionals specializes in the sale and purchasing of apartment buildings and development land from $1 million to more than $100 million. For more information, visit simonandersonteam.com.
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Idaho, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages more than 58 million square feet of space, and conducts 2,400 appraisal, consulting, and cost segregation assignments annually.
