Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have been tastefully updated, including kitchens, bathrooms, and flooring. Additional income is generated through coin-operated laundry on-site. A rare chance to invest or build in one of Seattle’s most strategic locations.
Active
Listed by: Torre Realty • Elena Pike
Price cut: $6K (6/20)
$1,589,000
7410 Rainier Avenue S, Seattle, WA 98118
7beds
7baths
--sqft
Multi Family
Built in 1955
-- sqft lot
$1,482,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 404 days
- 43
- 4
Zillow last checked:
Listing updated:
Listed by:
Elena Pike,
Torre Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2413358
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 7
- Parking features: Open
- Uncovered spaces: 7
Lot
- Size: 7,971 Square Feet
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 2624049182
- Zoning description: Business,Commercial,Multi-Family,Office,Residential,Retail,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1955
Utilities & green energy
- Electric: Company: Seattle
- Sewer: Sewer Connected, Company: Seattle
- Water: Public, Company: Seattle
Community & HOA
Community
- Subdivision: Rainier Valley
Location
- Region: Seattle
Financial & listing details
- Annual tax amount: $12,719
- Date on market: 7/28/2025
- Cumulative days on market: 405 days
- Listing terms: Conventional
Estimated market value
$1,482,600
$1.41M - $1.56M
$2,718/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2026 | Price change | $1,589,000-0.4% |
Source:  NWMLS as distributed by MLS GRID #2413358 Report a problem | ||
| 2/5/2026 | Price change | $1,595,000-0.3% |
Source: NWMLS as distributed by MLS GRID #2413358 Report a problem | ||
| 9/12/2025 | Price change | $1,599,000-5.8% |
Source: NWMLS as distributed by MLS GRID #2413358 Report a problem | ||
| 9/8/2025 | Price change | $1,697,000-0.1% |
Source: NWMLS as distributed by MLS GRID #2413358 Report a problem | ||
| 7/28/2025 | Listed for sale | $1,699,000+277.6% |
Source: NWMLS as distributed by MLS GRID #2413358 Report a problem | ||
| 1/27/2014 | Sold | $450,000 |
Source: NWMLS as distributed by MLS GRID #309027 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.Climate risks
Neighborhood: Brighton
Nearby schools
Schools provided by the listing agent
- Elementary: Seattle Public Sch
- Middle: Seattle Public Sch
- 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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