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For Sale 45 Days Online
$1,100,000
10,480 Sqft Lot
No Garage
7809 Rainier Ave S Seattle WA 98118
Opportunity knocks with a prime development property located in the vibrant Rainier Beach neighborhood. This flat 10,480 sqft lot w/ LR3 RC zoning offers immense potential for future growth. A brief feasibility study suggest the best use is 9 spacious townhomes. The property currently features a livable home occupied by a reliable tenant, generating $2,300 monthly rent. Located on a bustling bus line, the site offers convenient access to downtown Seattle and the light rail, making it attractive for commuters. Enjoy nearby amenities such as the Rainier Beach Community Center, parks, and trails. Additionally, the flourish on Rainier development, which includes townhomes, apartments & community spaces, underscores the area's growth potential.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS#
2269356
Listed by listing broker
Kenny Pleasant, NextHome Prolific
Lynniah Grayson, NextHome Prolific
Contact our
Brighton
Real Estate Lead
Wicklund Real Estate
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Property History
Jul 24, 2024
Listed
$1,100,000
NWMLS #2269356
Jul 24, 2024
Listed
$1,100,000
NWMLS #2267021
Aug 30, 2020
Sold
$795,000
NWMLS #1618797 Annualized 20.3% / yr
Mar 07, 2012
Sold
$165,000
NWMLS #321801 Annualized -4.1% / yr
Oct 31, 2000
Sold
$265,000
NWMLS #20115213
More
Listing Details
  • Status
    For Sale
  • Price
    $1,100,000
  • Original Price
    Same as current
  • List Date
    July 24, 2024
  • Last Status Change
    July 24, 2024
  • Last Update
    August 12, 2024
  • Days on Market
    45 Days
  • Cumulative DOM
    45 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
    NWMLS
  • MLS Number
    2269356
  • Listing Broker
    Kenny Pleasant
  • Listing Office
    NextHome Prolific
Monthly Payment Estimate
  • Principal and Interest
    $5,766 / month
  • Property Taxes
    $742 / month
  • Homeowners Insurance
    $111 / month
  • TOTAL
    $6,619 / month

  • based on 20% down
    ($220,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Res-Less than 1 Acre
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    10,480 sqft Lot
  • Lot Size Source
    Realist
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • 2024 Property Taxes
    $8,903 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Curbs
    Paved
    Sidewalk
Appliances
Terms
  • 3rd Party Approval Required)
    Yes
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Sewer
    On Property
  • Water Source
    On Property
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 380
  • Number of Photos
    7
  • Last Modification Time
    Monday, August 12, 2024 6:32 PM
  • System Listing ID
    5347507
Update Info
  • First For Sale
    2024-07-24 11:30:45
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For Sale 45 Days Online
$1,100,000  
Offer Review: Anytime
Listing courtesy NWMLS NWMLS #2269356. Kenny Pleasant, NextHome Prolific
Map 
 
Listing details based on information submitted to the MLS GRID as of Monday, August 12, 2024 11:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.
Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.