Exceptional opportunity to acquire two side-by-side properties at 3857 and 3859 Rainier Avenue S, situated along Seattle's highly traveled Rainier Avenue corridor. Zoned NC2-55 (Neighborhood Commercial 2) with a 55-foot height limit, these properties offer outstanding potential for mixed-use commercial and residential development, No plans or survey available VALUE IS IN THE LAND! High traffic volume, excellent street visibility, a major shopping center directly across the street provide an attractive setting for investors, builders, and developers. The established retail presence, surrounding businesses, and convenient access to public transportation Mixed-Use Flexibility: Potential uses include multifamily residential apartments, live-work units, retail spaces, offices, and restaurants, subject to City of Seattle zoning regulations and approvals Strategically located with convenient access to downtown Seattle, Renton, and Tukwila, this established urban corridor offers excellent connectivity to surrounding residential neighborhoods, shopping, dining, and business districts PROPERTY ACCESS: Access to the property grounds is available by appointment. No interior access to existing buildings until after mutual acceptance Buyer to verify zoning, permitted uses, height restrictions, density, property conditions, and development feasibility with the City of Seattle Also listed as Vacant Land. Adjacent property at 3857 Rainier Avenue S, MLS #2589602
Active
Listed by: Windermere Mercer Island • Thomas Fine • 206-434-6561
$319,000
3859 Rainier Avenue S, Seattle, WA 98118
1beds
1,120sqft
Single Family Residence
Built in 1926
2,578 Square Feet Lot
$-- Zestimate®
$285/sqft
$-- HOA
What's special
Established retail presenceExcellent street visibilitySurrounding businesses
- --
- on Zillow
- 975
- views
- 40
- saves
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Thomas Fine 206-434-6561 tomfine@finehomesnw.com,
Windermere Mercer Island
Source: NWMLS as distributed by MLS GRID,MLS#: 2589591
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom full
- Level: Main
Heating
- See Remarks, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
Lot
- Size: 2,578 Square Feet
- Dimensions: 30 x 93
- Features: Curbs, Paved, Sidewalk, Value In Land
Details
- Parcel number: 5609000125
- Zoning: NC255 (M)
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1926
- Major remodel year: 1926
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Columbia City
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $449,000
- Annual tax amount: $4,595
- Date on market: 10/15/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,315/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Listed for sale | $319,000+824.6%$285/sqft |
Source: | ||
| 2/20/1997 | Sold | $34,500-4.2%$31/sqft |
Source: Public Record Report a problem | ||
| 11/1/1996 | Sold | $36,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,940 +7.5% | $449,000 |
| 2024 | $4,595 +4.9% | $449,000 +2% |
| 2023 | $4,382 +4.3% | $440,000 -6.6% |
| 2022 | $4,200 +3.6% | $471,000 +12.4% |
| 2021 | $4,054 +56.5% | $419,000 +73.1% |
| 2020 | $2,591 +1.6% | $242,000 |
| 2019 | $2,549 +10.6% | $242,000 -0.4% |
| 2018 | $2,305 -1% | $243,000 +13% |
| 2017 | $2,328 +90.5% | $215,000 +12% |
| 2016 | $1,222 | $192,000 +14.3% |
| 2015 | $1,222 | $168,000 +54.1% |
| 2014 | $1,222 | $109,000 -23.2% |
| 2013 | $1,222 | $142,000 +9.2% |
| 2012 | -- | $130,000 -3.7% |
| 2011 | -- | $135,000 -4.3% |
| 2010 | -- | $141,000 |
| 2009 | -- | $141,000 +116.9% |
| 2007 | -- | $65,000 +3.2% |
| 2006 | -- | $63,000 +5% |
| 2005 | -- | $60,000 |
| 2001 | $792 +9.5% | $60,000 +13.2% |
| 2000 | $723 | $53,000 |
Find assessor info on the county website
Monthly payment
Est. payment






