Seller Financing available! The Henderson Arms Apartments, a 39 unit value add opportunity in Seattle’s Rainier Beach neighborhood. The property features 33 one bedroom and 6 two bedroom units with a mix of updated and classic interiors, providing strong in place income and additional upside through renovations. Amenities include private balconies, secured entry, off street parking, common laundry, and ample storage. A largely unutilized full height basement also offers potential for additional units and future income. The property is conveniently located near light rail, major transit routes, neighborhood amenities, and employment centers throughout Seattle.
Active
Listed by: Paragon Real Estate Advisors • Nick Hemming
$5,800,000
4803 S Henderson Street, Seattle, WA 98118
45beds
39baths
25,104sqft
Multi Family
Built in 1962
-- sqft lot
$5,167,500 Zestimate®
$231/sqft
$-- HOA
What's special
Off street parkingSecured entryPrivate balconiesUpdated and classic interiors
- --
- on Zillow
- 159
- views
- 14
- saves
Zillow last checked:
Listing updated:
Listed by:
Nick Hemming,
Paragon Real Estate Advisors
Source: NWMLS as distributed by MLS GRID,MLS#: 2563789
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 45
- Bathrooms: 39
Heating
- Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 25,104
- Total interior livable area: 25,104 sqft
Property
Parking
- Total spaces: 39
- Uncovered spaces: 39
Lot
- Size: 0.76 Acres
Details
- Parcel number: 2123700355
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Available
- Water: Public
Community & HOA
Community
- Subdivision: Rainier Beach
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $231/sqft
- Annual tax amount: $89,417
- Date on market: 8/3/2026
- Listing terms: Conventional
Estimated market value
$5,167,500
$4.86M - $5.48M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $5,800,000$231/sqft |
Source:  NWMLS as distributed by MLS GRID #2563789 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
