All homes

$1,589,000

Reduced $110,000 — was $1,699,000

7410 Rainier Avenue

Seattle, WA 98118

Active

Beds

Baths

Sq Ft

Lot

0.18 ac

Year built

1955

Type

Residential Income

Days listed

415

MLS #

2413358

About this home

Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have been tastefully updated, including kitchens, bathrooms, and flooring. Additional income is generated through coin-operated laundry on-site. A rare chance to invest or build in one of Seattle’s most strategic locations.

Exterior features

Wood Products

Schools

Elementary

Seattle Public Sch

Middle

Seattle Public Sch

High

Rainier Beach High

Property details

Heating
Baseboard
Cooling
None
Flooring
Laminate
Lot
Curbs, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$12,719 (2024)

Estimate your monthly payment

$9,095/mo

Principal & interest
$8,035
Property taxes
$1,060
Loan amount $1,271,200

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 Torre Realty— Elena Pike.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?

Request a private tour or ask a question — a local agent will respond personally.

No spam. We'll only reach out about your search.