7440 Rainier Avenue S Seattle WA 98118 MLS #NWM2414699

MLS #NWM2414699 image #0MLS #NWM2414699 image #1MLS #NWM2414699 image #2MLS #NWM2414699 image #3MLS #NWM2414699 image #4
Listing Provided Courtesy of Urban Commercial Partners, LLC
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 Sep 25, 2025
200
Multi Family Listed
92
Avg DOM
450
Avg $ / SqFt
$2,010,996
Avg List Price

Property Details

Price:
$899,999
MLS #:
NWM2414699
Status:
Active
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
380 – Southeast Seattle380southeastseattleRainier ValleySeattle

Schools

School District:
Seattle

Interior

Cooling
None
Heating
Baseboard

Exterior

Construction Materials
Stone
Exterior Features
Stone
Parking Spots
6
Roof
See Remarks

Financial

Net Operating Income
$16,566
Tax Year
2025
Taxes
$13,174

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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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