Rare development opportunity in the heart of Seattle’s rapidly growing Rainier Beach neighborhood. This 14,555 SF parcel is zoned MHA LR3 + SM-RB 85 in a HALA opportunity area, offering strong redevelopment potential for builders and investors alike. City correspondence has confirmed favorable FAR potential and the possibility for dual maximum building heights. The property includes an existing rental home plus a separate garage rental unit, for easy rental income while pursuing permits. Existing month-to-month tenant would like to stay. Positioned on two main thoroughfares with access potential from both sides, the site offers flexibility for future development. Possible Downtown Seattle and Lake Washington views from approximately 35 feet. Located just one block from Link Light Rail, parks, shopping, and neighborhood amenities. Here is your chance to secure a large urban development site in one of Seattle’s fastest-evolving neighborhoods.
Active
Listed by: FIRST AND MAIN • Khaleel Grant
$799,999
4519 S Henderson Street, Seattle, WA 98118
3beds
2,460sqft
Single Family Residence
Built in 1917
0.33 Acres Lot
$773,200 Zestimate®
$325/sqft
$-- HOA
What's special
Borders two main thoroughfares
- 288 days |
- 129 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Khaleel Grant,
FIRST AND MAIN
Source: NWMLS as distributed by MLS GRID,MLS#: 2454040
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater: Gas
Features
- Flooring: Hardwood, Carpet
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,460
- Total interior livable area: 2,460 sqft
Property
Parking
- Parking features: Off Street, RV Parking
Features
- Levels: Two
- Stories: 2
- Patio & porch: Water Heater
- Has view: Yes
- View description: Lake, Partial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.33 Acres
- Features: Value In Land, Fenced-Partially, Outbuildings, RV Parking
- Topography: Partial Slope
- Residential vegetation: Brush, Garden Space
Details
- Parcel number: 2122700045
- Zoning: LR3 (M2)
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1917
- Major remodel year: 2009
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: City of Seattle
- Water: Public, Company: City of Seattle
Community & HOA
Community
- Subdivision: Rainier Beach
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $721,000
- Annual tax amount: $7,287
- Date on market: 11/10/2025
- Cumulative days on market: 290 days
- Listing terms: Conventional,FHA
Estimated market value
$773,200
$735,000 - $812,000
$5,070/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2026 | Price change | $799,999-27.3%$325/sqft |
Source:  NWMLS as distributed by MLS GRID #2454040 Report a problem | ||
| 11/11/2025 | Listed for sale | $1,100,000-31.2%$447/sqft |
Source: NWMLS as distributed by MLS GRID #2454040 Report a problem | ||
| 1/15/2021 | Listing removed | $1,599,999$650/sqft |
Source: NWMLS as distributed by MLS GRID #1710475 Report a problem | ||
| 12/17/2020 | Listed for sale | $1,599,999+6.7%$650/sqft |
Source: Marketplace Sotheby's Intl Rty #1710475 Report a problem | ||
| 8/24/2020 | Listing removed | $1,499,950$610/sqft |
Source: Marketplace Sotheby's Intl Rty #1465975 Report a problem | ||
| 11/22/2019 | Price change | $1,499,950-25%$610/sqft |
Source: Marketplace Sotheby's International Realty #1465975 Report a problem | ||
| 5/11/2019 | Price change | $1,999,950+33.3%$813/sqft |
Source: Brierwood Realty #1335573 Report a problem | ||
| 7/26/2018 | Listed for sale | $1,499,950$610/sqft |
Source: Brierwood Realty #1335573 Report a problem | ||
| 5/2/2018 | Listing removed | $1,499,950$610/sqft |
Source: Brierwood Realty #1155045 Report a problem | ||
| 2/2/2018 | Price change | $1,499,950+25%$610/sqft |
Source: Brierwood Realty #1155045 Report a problem | ||
| 7/6/2017 | Listed for sale | $1,200,000+238%$488/sqft |
Source: Brierwood Realty #1155045 Report a problem | ||
| 9/12/2013 | Sold | $355,000-1.4%$144/sqft |
Source: NWMLS as distributed by MLS GRID #401015 Report a problem | ||
| 3/26/2013 | Price change | $359,950+12.5%$146/sqft |
Source: Keller Williams Greater Sea #401015 Report a problem | ||
| 10/24/2012 | Price change | $319,950-8.6%$130/sqft |
Source: Keller Williams Greater Sea #401015 Report a problem | ||
| 10/5/2012 | Listed for sale | $349,950$142/sqft |
Source: Keller Williams Greater Sea #401015 Report a problem | ||
| 10/4/2012 | Pending sale | $349,950$142/sqft |
Source: Keller Williams Greater Sea #401015 Report a problem | ||
| 9/6/2012 | Listed for sale | $349,950+17397.5%$142/sqft |
Source: Keller Williams Greater Sea #401015 Report a problem | ||
| 5/3/2012 | Listing removed | $2,000$1/sqft |
Source: Keller Williams Greater Sea #311003 Report a problem | ||
| 4/10/2012 | Listed for sale | $2,000-99.2%$1/sqft |
Source: Keller Williams Greater Sea #311003 Report a problem | ||
| 2/21/2012 | Sold | $265,000-26.4%$108/sqft |
Source: Public Record Report a problem | ||
| 1/16/2012 | Listed for sale | $360,000+56.5%$146/sqft |
Source: Keller Williams Greater Sea #311002 Report a problem | ||
| 8/19/2009 | Sold | $230,000-17.8%$93/sqft |
Source: Public Record Report a problem | ||
| 6/27/2009 | Listed for sale | $279,900-31.7%$114/sqft |
Source: foreclosure.com Report a problem | ||
| 12/23/2008 | Listing removed | $409,900$167/sqft |
Source: foreclosure.com Report a problem | ||
| 12/11/2008 | Listed for sale | $409,900-9.5%$167/sqft |
Source: foreclosure.com Report a problem | ||
| 8/19/2008 | Sold | $452,827+101.3%$184/sqft |
Source: Public Record Report a problem | ||
| 10/22/2002 | Sold | $225,000$91/sqft |
Source: NWMLS as distributed by MLS GRID #21119011 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,049 +15.9% | $721,000 +10.6% |
| 2024 | $7,807 +5.6% | $652,000 +6.9% |
| 2023 | $7,391 +1.4% | $610,000 -10.4% |
| 2022 | $7,287 +8% | $681,000 +18.2% |
| 2021 | $6,746 +5.1% | $576,000 +10.1% |
| 2020 | $6,418 +7.3% | $523,000 +6.3% |
| 2019 | $5,982 +9.2% | $492,000 -1.6% |
| 2018 | $5,476 +7% | $500,000 +23.8% |
| 2017 | $5,119 +60.5% | $404,000 +11.9% |
| 2016 | $3,190 | $361,000 +27.6% |
| 2015 | $3,190 | $283,000 +16.5% |
| 2014 | $3,190 | $243,000 +26.6% |
| 2013 | $3,190 | $192,000 -29.7% |
| 2012 | -- | $273,000 |
| 2011 | -- | $273,000 -6.8% |
| 2010 | -- | $293,000 |
| 2009 | -- | $293,000 +30.2% |
| 2007 | -- | $225,000 +6.6% |
| 2006 | -- | $211,000 -30.1% |
| 2005 | -- | $302,000 +43.1% |
| 2001 | $2,521 +9.9% | $211,000 +15.9% |
| 2000 | $2,293 | $182,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Dunlap
Nearby schools
GreatSchools rating
- 5/10Dunlap Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Aki Kurose Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Rainier Beach High SchoolGrades: 9-12Distance: 0.5 mi
- $308,0002 bd1 ba850 sqft4525 S Henderson St APT 302, Seattle, WA 98118For Sale
- $238,0001 bd1 ba400 sqft4525 S Henderson St APT 103, Seattle, WA 98118For Sale
- $360,0002 bd1 ba772 sqft4525 S Henderson St APT 102, Seattle, WA 98118Sold
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- $660,0005,998 sqft9025 46th Ave S, Seattle, WA 98118Lot/Land
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A local agent can set up tours, give advice and negotiate with sellers.
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