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7440 Rainier Avenue S Seattle, WA $ 899,999
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$ 899,999 Get more info
7440 Rainier Avenue S
$ 899,999
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7440 Rainier Avenue S

Seattle, WA, 98118
$ 899,999
Baths0.0 Sq 4,698

Monthly Estimate*

$ 5,615

Listed by Urban Commercial Partners, LLC
7440 Rainier Avenue S, Seattle, WA 98118 - Image 1
7440 Rainier Avenue S, Seattle, WA 98118 - Image 2
7440 Rainier Avenue S, Seattle, WA 98118 - Image 3
7440 Rainier Avenue S, Seattle, WA 98118 - Image 4
7440 Rainier Avenue S, Seattle, WA 98118 - Image 5
Studio

Multi-Family Home for sale in Seattle, WA

for $899,999. This 4,698 square foot home was built in 1968 on a lot size of 0.1423.

Excellent value-add opportunity in the heart of Rainier Valley! 6-unit building on a 6,200 SF LR3 lot with income and redevelopment potential. Unit mix: five 2BRs and one 1BR, with two vacancies and all tenants month-to-month—ideal for renovation and rent growth. Current rents are well below market, offering strong upside through updates, increases, or redevelopment. Seller financing available—contact broker for details. Showings upon Mutual Acceptance only.

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Multi-Family Pending

Price

$ 899,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,174

Style

5-9 Units

Lot Size

0.1423

Year Built

1968

Town/City

Seattle

County/Region

King

MLS | Web ID

2414699
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof See Remarks
HOA Fee 0
Year Built 1968
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 16566
Insurance Expense 11300
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Rainier Valley
Special Listing Conditions None
Status Pending
Directions 7400 block of Rainier Ave S
City Seattle
Senior Community Y/N N
High School District Seattle
Open Parking Spaces 6
Number Of Units Total 6
MLS Area 380 - Southeast Seattle
Lot Size Units Square Feet
Lot Size Square Feet 6200
Carport Spaces 0
Carport Y/N N
Listing Terms Conventional
Tax Annual Amount 13174.06
Electric Expense 2669.34
Fuel Expense 0
Public Remarks Excellent value-add opportunity in the heart of Rainier Valley! 6-unit building on a 6 200 SF LR3 lot with income and redevelopment potential. Unit mix: five 2BRs and one 1BR with two vacancies and a
Leasable Area 4548
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 9560.29
Property Style 55 - 5-9 Units
Cap Rate 1.95
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Exterior
Exterior Amenities Stone
Water Source Public
Total Parking 6
Building Area Total 4698
Lot Dimensions 6200
Lot Size Acres 0.1423
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 6
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Interior
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 11
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2414699
Street Number 1 7440
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* Excluded Features
List By
Dane Erickson

Listing Agent

Urban Commercial Partners, Llc

Broker

Affordability Calculator

$6,713
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,615
Monthly Property Taxes
$1,098
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/23/2025$850,000 Listed Price

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7440 Rainier Avenue S, Seattle, WA, 98118 is a Multi-Family Home for sale at $899,999 with 4,698 sqft and a lot size of 0.1423. 7440 Rainier Avenue S is a studio with 0.0 baths and was built in 1968. The property's zip code is 98118 which is in Seattle, WA

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