9025 46th Avenue S, Seattle, WA 98118

$660,000

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Courtesy of Northmarq Multifamily, LLC

List Price
$660,000
Status
ACTIVE
Days on Market
399
MLS#
2541768
Subtype
Land
Style
40 - Res-Less thn 1 Ac
Lot Size
6,000
Acres
0.14
Subdivision
Seattle
Neighborhood
Seattle
MLS Area Major
Southeast Seattle

Property Description

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.

Additional Information

Property Description
40 - Res-Less thn 1 Ac
School District
Seattle
Elementary School
Dunlap
Middle School
South Shore PK-8
High School
Rainier Beach High
View
City, Lake, Territorial
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