8036 & 8038 116th Avenue SE in Newcastle
| Listing ID: | 2495212 (Residential Home) |
|---|---|
| Listing Price: | $2,195,000 |
| Days on Market: | 7 |
Details | |
| Bed / Bath: | 7.00 / 3.75 |
| Square Feet: | 3,030 |
| Lot Size: | 0.63 acres (27,480 sqft) |
Prime Newcastle Development Opportunity – Two Parcels Sold Together Rare chance to acquire two adjacent parcels totaling 27,480 SF (0.63 acres) in the heart of Newcastle—ideal for builders, investors, or owner-users. Both properties generate strong rental income, offering a perfect hold-and-develop opportunity or future custom home site in one of the Eastside’s most desirable locations. Per city guidance, zoning may allow up to 4 single-family lots, with additional potential for duplexes, ADUs, cottage housing, or a unit-lot subdivision. Condo ownership structure may also be possible depending on design (buyer to verify). 8038 116th Ave SE – Updated hilltop 4-bed, 2-bath home (~1,350+ SF) with remodeled baths, new paint, and updated flooring. Rented at $3,250/month. 8036 116th Ave SE – Spacious 3-bed, 1.75-bath home (1,680 SF) with two living areas, remodeled kitchen and baths, plus large backyard. Rented at $3,450/month. Continue strong cash flow, explore deve
This listing is provided courtesy of NWMLS, contributed by Coldwell Banker Bain.
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Find listings near this propertyHome Details
Home
| Style: | 10 - 1 Story |
|---|---|
| Bedrooms: | 7.00 |
| Bathrooms: | 3.75 |
| Year Built: | 1967 |
| Square Footage: | 3,030 |
| Lot Square Footage: | 0.63 acres |
Schools
| School District: | Renton |
|---|---|
| Elementary School: | Hazelwood Elem |
| Junior High: | Risdon Middle School |
| Senior High: | Hazen Snr High |
Surroundings
| View: | Territorial |
|---|
Financials
| Tax Year: | 2025 |
|---|---|
| Parcel Number: | 3346300273 |
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