7410 Rainier Avenue S Seattle, WA $ 1,599,000
7410 Rainier Avenue S
$ 1,599,000
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7410 Rainier Avenue S

Seattle, WA, 98118
$ 1,599,000
Baths0.0

Monthly Estimate*

$ 9,976

Listed by Torre Realty
7410 Rainier Avenue S, Seattle, WA 98118 - Image 1
7410 Rainier Avenue S, Seattle, WA 98118 - Image 2
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7410 Rainier Avenue S, Seattle, WA 98118 - Image 4
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7410 Rainier Avenue S, Seattle, WA 98118 - Image 9
7410 Rainier Avenue S, Seattle, WA 98118 - Image 10
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7410 Rainier Avenue S, Seattle, WA 98118 - Image 13
7410 Rainier Avenue S, Seattle, WA 98118 - Image 14
Studio

Multi-Family Home for sale in Seattle, WA

for $1,599,000. This home was built in 1955 on a lot size of 0.183.

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.

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Multi-Family Active

Price

$ 1,599,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,719

Style

5-9 Units

Lot Size

0.183

Year Built

1955

Town/City

Seattle

County/Region

King

MLS | Web ID

2413358

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1955
Property Subtype Multi Family
Tax Year 2024
County King
Net Operating Income 59188
Insurance Expense 2038
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Rainier Valley
Possible Use Business Commercial Multi-Family Office Residential Retail
Special Listing Conditions None
Status Active
Directions Rainier Ave S past Othello approx. 2 blocks. Property is on the East side of street.
High School Rainier Beach High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Business Commercial Multi-Family Office Residential Retail
Open Parking Spaces 7
Number Of Units Total 7
MLS Area 380 - Southeast Seattle
Lot Size Units Square Feet
Lot Size Square Feet 7970
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional Owner Financing
Elementary School Seattle Public Sch
Tax Annual Amount 12719
Electric Expense 1000
Fuel Expense 2000
Middle/Junior High School Seattle Public Sch
Property Condition Good
Public Remarks 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. Zone
Leasable Area 3958
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement Coin Op Laundry
Water Company Seattle
Units Below Grade false
Units In Building Total 7
Water Sewer Garbage 3553
Property Style 55 - 5-9 Units
Cap Rate 3
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Exterior
Exterior Amenities Wood Products
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 7
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.183
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 7
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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 NWM2413358
Street Number 1 7410
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* Excluded Features
List By
Elena Pike

Listing Agent

Torre Realty

Broker

Affordability Calculator

$11,036
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,976
Monthly Property Taxes
$1,060
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
257983 Elementary School
257903 Middle School
Rainier Beach High High School
Pricing History
DatePricePrice ChangeDescription
9/12/2025$1,599,000 -5.77% Price Down
9/8/2025$1,697,000 -0.12% Price Down
7/28/2025$1,699,000 Listed Price

Map


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7410 Rainier Avenue S, Seattle, WA, 98118 is a Multi-Family Home for sale at $1,599,000 with a lot size of 0.183. 7410 Rainier Avenue S is a studio with 0.0 baths and was built in 1955. The property's zip code is 98118 which is in Seattle, WA