About this home

Rare Development Opportunity in Rainier Beach! First time on the market in 26 years, this 6-lot assembly spans over half an acre and is one of the last multi-lot development sites in this rapidly growing community. Zoned LR2 (M), allowing for a variety of multifamily housing types, including townhomes, row houses, and apartments. Infrastructure is already in place with water meter boxes set and three sewer stubs ready for easy city connection. The property is conveniently located just blocks from Lake Washington, light rail, shopping, and Kubota Garden, with quick access to I-5. New fencing included. Don’t miss this prime investment opportunity in one of Seattle’s most promising neighborhoods!

Schools

Elementary

Buyer To Verify

Middle

Aki Kurose

High

Rainier Beach High

Property details

View: Territorial
Lot: Corner Lot, Paved
Water source: In Street, On Property
Sewer: Available, On Property
Utilities: Electricity Available, Natural Gas Available

Costs

Annual taxes: $10,511 (2024)

Estimate your monthly payment

$5,755/mo

Principal & interest: $4,880
Property taxes: $876

Down payment (20%) $193,000 Interest rate (%) Loan term (years)

Loan amount $772,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98118

Approximate location. Contact us to confirm the exact address.

Listing courtesy of AgencyOne— Charla Oliver.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

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