9025 46th Avenue S, Seattle, WA 98118
- $660,000
Listing courtesy of Northmarq Multifamily, LLC.
- List Price
- $660,000
- Status
- ACTIVE
- MLS#
- 2541768
- Days on Market
- 397
- Lot Size (sq ft)
- 6,000
Property Description
The Rainier Beach Development Site is a shovel-ready, 6,000 SF LR3 (M2) parcel in an established Urban Village. The Master Use Permit is approved and active through September 2028—no City review delay—and 100% of the architectural and engineering fees are fully paid, with all plans conveying to the buyer at closing.Approved for 42 apartment units, this transit-oriented site requires no parking, maximizing buildable square footage. It qualifies for Seattle's 12-Year MFTE Program and sits within a designated Opportunity Zone for added tax incentives.Walk Score of 81, with a 5-minute walk to the Rainier Beach Light Rail Station, Community Center, and Safeway. Offered at $101 per square foot—a rare, permit-ready foundation in one of Seattle's fastest-evolving submarkets.
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Additional Information
- Community
- Seattle
- Style
- 40 - Res-Less thn 1 Ac
- Zoning Jurisdiction
- City
- Restrictions
- No Restrictions
- View
- City, Lake, Territorial
- Sewer
- In Street
- Tax Year
- 2026
- School District
- Seattle
- Elementary School
- Dunlap
- Middle School
- South Shore PK-8
- High School
- Rainier Beach High
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Driving Directions
- Going South on Rainier Ave S, Turn Right (West) onto S Henderson St, Turn Left (South) onto 46th Ave S. Subject Property will be on the Right.
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