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7410 Rainier Avenue South Seattle, WA 98118

$1,589,000
0.18
Acres
$1,589,000
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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.

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.

  • Neighborhood
    Rainier Valley
  • Type
    Commercial
  • County
    King
  • Area
    380 - Southeast Seattle
  • Tax Amount
    $12,719
  • Status
    Active
  • Listing #
    2413358
  • Built
    1955
  • Lot Size
    0.18
  • Listed on site
    358 days

Listed by:
Torre Realty

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2026-07-22 11:27:18. DMCA
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Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Jun 20, 20261 mo agoPrice decreased6,000 (0%)$1,589,000
Feb 5, 20266 mos agoPrice decreased4,000 (0%)$1,595,000
Sep 12, 202510 mos agoPrice decreased98,000 (6%)$1,599,000
Sep 8, 202511 mos agoPrice decreased2,000 (0%)$1,697,000
Jul 28, 202512 mos agoNew on market$1,699,000
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