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    Rainier Beach
    Contact Us
    15  Photos publicLocation signpostStreetView directionsDirections mapMain Map
    For Sale 55 Days Online
    $1,100,000
    Originally $1,398,000
    24,134 Sqft Lot
    No Garage
    S Director & 48th Ave S Seattle WA 98118
    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!
    Offer Review
    Will review offers when submitted
    Listing source NWMLS MLS #
    2330431
    Listed by
    Charla Oliver, AgencyOne
    Tommy Quach, Windermere R.E. Shoreline
    Photo 1 S Director & 48th Ave S Seattle WA 98118
    Photo 2 S Director & 48th Ave S Seattle WA 98118
    Photo 3 S Director & 48th Ave S Seattle WA 98118
    Photo 4 S Director & 48th Ave S Seattle WA 98118
    Photo 5 S Director & 48th Ave S Seattle WA 98118
    Photo 6 S Director & 48th Ave S Seattle WA 98118
    Photo 7 S Director & 48th Ave S Seattle WA 98118
    Photo 8 S Director & 48th Ave S Seattle WA 98118
    Photo 9 S Director & 48th Ave S Seattle WA 98118
    Photo 10 S Director & 48th Ave S Seattle WA 98118
    Photo 11 S Director & 48th Ave S Seattle WA 98118
    Photo 12 S Director & 48th Ave S Seattle WA 98118
    Photo 13 S Director & 48th Ave S Seattle WA 98118
    Photo 14 S Director & 48th Ave S Seattle WA 98118
    Photo 15 S Director & 48th Ave S Seattle WA 98118
    Contact our
    Rainier Beach
    Real Estate Lead
    John L. Scott
    Phone...
    Email...
    Request a Property Tour Ask a Question Schedule a Call
    Property History
    Mar 14, 2025
    Price Reduction arrow_downward
    $1,100,000
    NWMLS #2330431
    Feb 07, 2025
    Listed
    $1,398,000
    NWMLS #2330431
    Jan 30, 2023
    Back on Market
    $1,495,000
    NWMLS #1920851
    Apr 21, 2022
    Listed
    $2,450,000
    NWMLS #1920851
    More
    Listing Details
    • Status
      For Sale
    • Price
      $1,100,000
    • Original Price
      $1,398,000
    • List Date
      February 7, 2025
    • Last Status Change
      February 7, 2025
    • Last Update
      March 22, 2025
    • Days on Market
      55 Days
    • Cumulative DOM
      55 Days
    • $/sqft (Total)
      --
    • $/sqft (Finished)
      /sqft
    • Listing Source
      NWMLS
    • MLS Number
      2330431
    • Listing Broker
      Charla Oliver
    • Listing Office
      AgencyOne
    Monthly Payment Estimate
    • Principal and Interest
      $5,766 / month
    • Property Taxes
      $876 / month
    • Homeowners Insurance
      $111 / month
    • TOTAL
      $6,753 / 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)
      0 sqft
    • Sqft (Unfinished)
      None
    • Property Type
      Parcel
    • Sub Type
      Multi-Family
    • Bedrooms
      Bedrooms
    • Bathrooms
      0 Bathrooms
    • Lot
      24,134 sqft Lot
    • Lot Size Source
      Realist
    • Lot #
      Unspecified
    • Project
      Dunlaps Plat on Lake Washington
    • Total Stories
      Unspecified
    • Sqft Source
      Unspecified
    Property Tax Info
    • 2024 Property Taxes
      $10,511 / year
    • No Senior Exemption
    Public Parcel Data & Maps
    Schools
    • School District
      Seattle
    • Elementary
      Buyer To Verify
    • Middle
      Aki Kurose
    • High School
      Rainier Beach High
    HOA
    • HOA Dues
      Unspecified
    • Fees Assessed
      Unspecified
    • HOA Dues Include
      Unspecified
    • HOA Contact
      Unspecified
    • Management Contact
    Parking
    • Covered
      Unspecified
    • Has Garage
      No
    Views
    • Territorial
    Construction
    • Home Builder
      Unspecified
    Cooling
    Heating
    Interior
    Property
    • Lot Features
      Corner Lot
      Paved
    Appliances
    Terms
    • 3rd Party Approval Required)
      No
    • Bank Owned (REO)
      No
    • Complex FHA Availability
      Unspecified
    • Potential Terms
      Cash Out
    Utilities
    • Sewer
      Available
      On Property
    • Water Source
      In Street
      On Property
    Additional Info
    • Waterfront
      No
    • Air Conditioning (A/C)
      No
    • Buyer Broker's Compensation
      2%
    • MLS Area #
      Area 380
    • Number of Photos
      15
    • Last Modification Time
      Saturday, March 22, 2025 1:16 PM
    • System Listing ID
      5399483
    Update Info
    • Price Reduction
      2025-03-14 10:42:47
    • First For Sale
      2025-02-07 17:57:36
    Listing details based on information submitted to the MLS GRID as of Saturday, March 22, 2025 1:16 PM. 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.
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    For Sale 55 Days Online
    $1,100,000     ▼ Price Reduction $298K
    Offer Review: Anytime
    NWMLS #2330431. Charla Oliver, AgencyOne
    Map
     
    Listing information is provided by the listing agent except as follows: 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.