The Rainier Beach Development Site is a shovel-ready, 6,000 SF LR3 (M2) parcel in an established Urban Village. The Master Use Permit is approved and active through September 2028—no City review delay—and 100% of the architectural and engineering fees are fully paid, with all plans conveying to the buyer at closing.Approved for 42 apartment units, this transit-oriented site requires no parking, maximizing buildable square footage. It qualifies for Seattle's 12-Year MFTE Program and sits within a designated Opportunity Zone for added tax incentives.Walk Score of 81, with a 5-minute walk to the Rainier Beach Light Rail Station, Community Center, and Safeway. Offered at $101 per square foot—a rare, permit-ready foundation in one of Seattle's fastest-evolving submarkets.
Active
Listed by: Northmarq Multifamily, LLC • Taylor Wyman
$660,000
9025 46th Avenue S, Seattle, WA 98118
--beds
--baths
5,998Square Feet
Unimproved Land
Built in ----
5,998 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Transit-oriented site
- 30 days |
- 75 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Taylor Wyman,
Northmarq Multifamily, LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2541768
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: City, Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 5,998 Square Feet
- Dimensions: 46.5' x 141.3'
- Features: Paved
- Topography: Level
Details
- Parcel number: 2122700006
- Zoning: LR3 (M2) / Urban Village
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: In Street
- Water: In Street, Jurisdiction: Seattle
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Seattle
Location
- Region: Seattle
Financial & listing details
- Annual tax amount: $3,119
- Date on market: 6/24/2025
- Cumulative days on market: 389 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $660,000 |
Source:  NWMLS as distributed by MLS GRID #2541768 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Dunlap
Nearby schools
GreatSchools rating
- 6/10The New School At South ShoreGrades: PK-8Distance: 0.2 mi
- 2/10Rainier Beach High SchoolGrades: 9-12Distance: 0.4 mi
- 5/10Dunlap Elementary SchoolGrades: PK-5Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Dunlap
- Middle: South Shore PK-8
- 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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A local agent can set up tours, give advice and negotiate with sellers.
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