Excellent value-add opportunity in the heart of Rainier Valley! 6-unit building on a 6,200 SF LR3 lot with income and redevelopment potential. Unit mix: five 2BRs and one 1BR, with two vacancies and all tenants month-to-month—ideal for renovation and rent growth. Current rents are well below market, offering strong upside through updates, increases, or redevelopment. Seller financing available—contact broker for details. Showings upon Mutual Acceptance only.
Sold
Listed by: Urban Commercial Partners, LLC
Bought with: Urban Commercial Partners, LLC
$900,000
7440 Rainier Avenue S, Seattle, WA 98118
11beds
6baths
4,698sqft
Multi Family
Built in 1968
-- sqft lot
$881,600 Zestimate®
$192/sqft
$2,286 Estimated rent
Home value
$881,600
$811,000 - $952,000
$2,286/mo
Zestimate® history
Owner options
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$2,286/mo
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$2,286/mo
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$5,427/mo
Est. payment
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$5,427/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dane Erickson,
Urban Commercial Partners, LLC,
Drew Smith,
Urban Commercial Partners, LLC
Bought with:
Dane Erickson, 129236
Urban Commercial Partners, LLC
Drew Smith, 93920
Urban Commercial Partners, LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2414699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Heating
- Baseboard, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 4,698
- Total interior livable area: 4,698 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Uncovered spaces: 6
Lot
- Size: 6,198 sqft
- Dimensions: 6200
Details
- Parcel number: 2624049102
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone
- Roof: See Remarks
Condition
- Year built: 1968
- Major remodel year: 1992
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Rainier Valley
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 56 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Sold | $900,000+0%$192/sqft |
Source:  NWMLS as distributed by MLS GRID #2414699 Report a problem | ||
| 10/8/2025 | Pending sale | $899,999$192/sqft |
Source: NWMLS as distributed by MLS GRID #2414699 Report a problem | ||
| 9/24/2025 | Price change | $899,999+5.9%$192/sqft |
Source: NWMLS as distributed by MLS GRID #2414699 Report a problem | ||
| 9/23/2025 | Listed for sale | $850,000$181/sqft |
Source: NWMLS as distributed by MLS GRID #2414699 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Brighton
Nearby schools
GreatSchools rating
- 6/10Graham Hill Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 7/10Aki Kurose Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10Rainier Beach High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$881,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$881,600
- Washington
- King County
- Seattle
- 98118
- Brighton
- 7440 Rainier Avenue S
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