7440 Rainier AVE S new to site

Seattle,WA 98118

$ 850000

11 Beds

6 Baths

4698 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,698 sqft

Price per Sqft $180

Subdivision Rainier Valley

MLS Listing ID 2414699

Style 55 - 5-9 Units

Bedrooms 11

Year Built 1968

Annual Tax Amount $13,174

Lot Size 6,200 Sqft

Lot Dimensions 6200

Property Sub-Type Multi Family

Property Description

Excellent value-add opportunity in the heart of Rainier Valley! 6-unit building on a 6,000 SF LR3 lot with income and redevelopment potential. Unit mix: five 2BRs and one 1BR, with two vacancies and all tenants month-to-month—ideal for renovation and rent growth. Current rents are well below market, offering strong upside through updates, increases, or redevelopment. Seller financing available—contact broker for details. Showings by appointment only.

Location

State WA

County King

Area 380 - Southeast Seattle

Interior

Fireplace false

Exterior

Exterior Feature Stone

View Y/N No

Roof Type See Remarks

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

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