Seattle, WA 98118 7410 Rainier Avenue S
$1,599,000
9 more
Presented By: Torre Realty and NWMLS
- MLS# 2413358
- 07/28/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have been tastefully updated, including kitchens, bathrooms, and flooring. Additional income is generated through coin-operated laundry on-site. A rare chance to invest or build in one of Seattle’s most strategic locations.
Presented By: Torre Realty and NWMLS
Interior Features for 7410 Rainier Avenue S
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 7410 Rainier Avenue S
AmenitiesBasement, Coin Op Laundry
Building Area UnitsSquare Feet
Cap Rate3
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsRainier Ave S, past Othello approx. 2 blocks. Property is on the East side of street.
Electric Expense1000
Elementary SchoolSeattle Public Sch
Fuel Expense2000
HOANo
HOA Fee$
HeatingBaseboard
High SchoolRainier Beach High
High School DistrictSeattle
Insurance Expense2038
Leasable Area3958
Listing TermsCash Out, Conventional
Lot Size Square Feet7970
Lot Size UnitsSquare Feet
MLS Area380 – Southeast Seattle
Middle/Junior High SchoolSeattle Public Sch
ModificationTimestamp2025-09-12T17:43:10.969Z
NWM_ShowMapLinkY
Net Operating Income59188
New ConstructionNo
Number Of Units Total7
Open Parking Spaces7
PossessionClosing
Possible UseBusiness, Commercial, Multi-Family, Office, Residential, Retail
Property ConditionGood
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPrime 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. Zone
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameRainier Valley
Tax Annual Amount12719
Tax Year2024
Units Below Gradefalse
Units In Building Total7
Water CompanySeattle
Water Sewer Garbage3553
Year Built1955
Zoning DescriptionBusiness, Commercial, Multi-Family, Office, Residential, Retail
Exterior for 7410 Rainier Avenue S
Building Area Total
Covered Spaces
Exterior AmenitiesWood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres0.183
Parking Uncovered Spaces7
Total Parking7
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Seattle Public Sch Middle School
Elementary School
Seattle Public Sch Elementary School
High School
Rainier Beach High
Josh QA1
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