Seattle, WA 98118 7440 Rainier Avenue S
$899,999
0 more
Presented By: Urban Commercial Partners, LLC and NWMLS
- MLS# 2414699
- 09/23/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 4,698
Home Details
Excellent value-add opportunity in the heart of Rainier Valley! 6-unit building on a 6,200 SF LR3 lot with income and redevelopment potential. Unit mix: five 2BRs and one 1BR, with two vacancies and all tenants month-to-month—ideal for renovation and rent growth. Current rents are well below market, offering strong upside through updates, increases, or redevelopment. Seller financing available—contact broker for details. Showings upon Mutual Acceptance only.
Presented By: Urban Commercial Partners, LLC and NWMLS
Interior Features for 7440 Rainier Avenue S
Bedrooms
Bedrooms Possible11
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 7440 Rainier Avenue S
Building Area UnitsSquare Feet
Cap Rate1.95
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
Directions7400 block of Rainier Ave S
Electric Expense2669.34
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictSeattle
Insurance Expense11300
Leasable Area4548
Listing TermsConventional
Lot Size Square Feet6200
Lot Size UnitsSquare Feet
MLS Area380 – Southeast Seattle
ModificationTimestamp2025-09-24T20:43:13.763Z
NWM_ShowMapLinkY
Net Operating Income16566
New ConstructionNo
Number Of Units Total6
Open Parking Spaces6
PossessionClosing
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksExcellent 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 a
RoofSee Remarks
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameRainier Valley
Tax Annual Amount13174.06
Tax Year2025
Units Below Gradefalse
Units In Building Total6
Water Sewer Garbage9560.29
Year Built1968
Exterior for 7440 Rainier Avenue S
Building Area Total4698
Covered Spaces
Exterior AmenitiesStone
Irrigation Water Rights Y/NNo
Lot Dimensions6200
Lot Size Acres0.1423
Parking Uncovered Spaces6
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
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