7440 Rainier Avenue S Seattle WA 98118 MLS #NWM2414699
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.
Current real estate data for Multi Family in Seattle as of Oct 17, 2025
202
Multi Family Listed
89
Avg DOM
460
Avg $ / SqFt
$1,992,467
Avg List Price
Property Details
Price:
$899,999
MLS #:
NWM2414699
Status:
Pending
Beds:
11
Baths:
6
Type:
Multi Family
Subdivision:
Rainier Valley
Neighborhood:
380southeastseattle
Listed Date:
Sep 23, 2025
Finished Sq Ft:
4,698
Total Sq Ft:
4,698
Lot Size:
6,200 sqft / 0.14 acres (approx)
Year Built:
1968
Units:
6
Schools
School District:
Seattle
Interior
Cooling
None
Heating
Baseboard
Exterior
Construction Materials
Stone
Exterior Features
Stone
Parking Spots
6
Roof
See Remarks
Financial
Tax Year
2025
Taxes
$13,174
Map
Contact Us
Mortgage Calculator
Community
- Address7440 Rainier Avenue S Seattle WA
- SubdivisionRainier Valley
- CitySeattle
- CountyKing
- Zip Code98118
Property Summary
- Located in the Rainier Valley subdivision, 7440 Rainier Avenue S Seattle WA is a Multi Family for sale in Seattle, WA, 98118. It is listed for $899,999 To schedule a showing of MLS#nwm2414699 at 7440 Rainier Avenue S in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.
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The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Oct-17-2025 6:26:25 am. © 2025 NWMLS.
7440 Rainier Avenue S
Seattle, WA