4803 S Henderson St Seattle WA 98118 MLS #NWM2413984

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Listing Provided Courtesy of eXp Realty
Prime 39-unit apt building in a high-demand Seattle submarket, just blocks from light rail and minutes to Boeing, the Port of Seattle, and Downtown. This stabilized asset provides immediate cash flow with significant upside through value-add potential. The property features 33 one bed and 6 two-bed units across three levels. 15 units updated (3 in 2024), achieving rent premiums of ~$400/month. 24 units remain in original condition—ideal for renovation. Additional income potential from building out studio units ($79K+/yr), paid parking, coin-op laundry, and rentable storage.Electrical-24 panels updated in 2010.Plumbing-18 units updated in 2010. Windows replaced in 2000.Stucco and roof updated in 2010.Call the listing agent with any questions
Current real estate data for Multi Family in Seattle as of Sep 10, 2025
193
Multi Family Listed
95
Avg DOM
461
Avg $ / SqFt
$1,920,895
Avg List Price

Property Details

Price:
$5,700,000
MLS #:
NWM2413984
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Rainier Beach
Neighborhood:
380 – Southeast Seattle
Listed Date:
Jul 29, 2025
Finished Sq Ft:
25,104
Total Sq Ft:
25,104
Lot Size:
33,000 sqft / 0.76 acres (approx)
Year Built:
1962
Units:
39
380 – Southeast Seattle380 – Southeast SeattleRainier BeachSeattleBuyer To VerifyBuyer To VerifyBuyer To Verify

Schools

School District:
Seattle
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify

Interior

Cooling
None
Flooring
Vinyl, Carpet
Heating
Baseboard

Exterior

Construction Materials
Concrete
Exterior Features
Cement/ Concrete
Parking Spots
40
Roof
Flat
Security Features
Partially Fenced

Financial

Net Operating Income
$384,886
Tax Year
2025
Taxes
$73,394

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Property Summary

    Located in the Rainier Beach subdivision, 4803 S Henderson St Seattle WA is a Multi Family for sale in Seattle, WA, 98118. It is listed for $5,700,000 To schedule a showing of MLS#nwm2413984 at 4803 S Henderson St in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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