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Pending feasibility
  • Listed by: AgencyOne • Charla Oliver
    Price cut: $135K (5/11)
    $965,000

    0 S Director & 48th Avenue S, Seattle, WA 98118

    --beds
    --baths
    0.55Acres
    : 
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    Unimproved Land
    Built in ----
    0.55 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare Development Opportunity in Rainier Beach! First time on the market in 26 years, this 6-lot assembly spans over half an acre and is one of the last multi-lot development sites in this rapidly growing community. Zoned LR2 (M), allowing for a variety of multifamily housing types, including townhomes, row houses, and apartments. Infrastructure is already in place with water meter boxes set and three sewer stubs ready for easy city connection. The property is conveniently located just blocks from Lake Washington, light rail, shopping, and Kubota Garden, with quick access to I-5. New fencing included. Don’t miss this prime investment opportunity in one of Seattle’s most promising neighborhoods!
    513 days
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    9
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Charla Oliver,

    AgencyOne,

    Tommy Quach,

    Windermere R.E. Shoreline

    Source: NWMLS as distributed by MLS GRID,MLS#: 2330431MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 0.55 Acres
      • Features: Corner Lot, Paved, Brush
      • Topography: Level
      Details
      • Parcel number: 2123700444
      • Zoning: LR2
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Utilities & green energy

      • Electric: Available
      • Gas: In Street
      • Sewer: Available, On Property
      • Water: In Street, On Property, Jurisdiction: City
      • Utilities for property: Electricity Available, Natural Gas Available

      Community & HOA

      Community
      • Subdivision: Rainier Beach
      Location
      • Region: Seattle

      Financial & listing details

      • Annual tax amount: $10,511
      • Date on market: 2/7/2025
      • Cumulative days on market: 514 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/31/2026Pending sale$965,000
        Source: NWMLS as distributed by MLS GRID #2330431 Report a problem
        5/11/2026Price change$965,000-12.3%
        Source: NWMLS as distributed by MLS GRID #2330431 Report a problem
        3/14/2025Price change$1,100,000-21.3%
        Source: NWMLS as distributed by MLS GRID #2330431 Report a problem
        2/7/2025Listed for sale$1,398,000
        Source: NWMLS as distributed by MLS GRID #2330431 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Dunlap

        Getting around

        68 / 100
        Somewhat Walkable
        62 / 100
        Good Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Aki Kurose
        • High: Rainier Beach High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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