Listed by Charla Oliver, AgencyOne
- Land
- Type
- 24,134 sq ft
- Lot
- 521
- Days on market
About this property
Rare Development Opportunity in Rainier Beach! First time on the market in 26 years, this 6-lot assembly spans over half an acre and is one of the last multi-lot development sites in this rapidly growing community. Zoned LR2 (M), allowing for a variety of multifamily housing types, including townhomes, row houses, and apartments. Infrastructure is already in place with water meter boxes set and three sewer stubs ready for easy city connection. The property is conveniently located just blocks from Lake Washington, light rail, shopping, and Kubota Garden, with quick access to I-5. New fencing included. Don’t miss this prime investment opportunity in one of Seattle’s most promising neighborhoods!
Location & commute
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Property details
Listing details
- Listing number
- #2330431
- Listed
- February 7, 2025
- Days on market
- 521
- Original list price
- $1,398,000
Unit & building
- Building
- Dunlaps Plat on Lake Washington
Views
- View
- Territorial
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot features
- Corner LotPaved
- Lot size
- 24,134 sq ft
Terms
- Terms offered
- Cash
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- In StreetOn Property
- Sewer
- AvailableOn Property
Schools
- District
- Seattle
- Elementary
- Buyer To Verify
- Middle
- Aki Kurose
- High
- Rainier Beach High
What stands out to you?
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- Territorial
- None
- Corner Lot
- Paved
- Cash
- Electricity Available
- Natural Gas Available
- In Street
- On Property
- Available
Listing history
Listed
$1,398,000
February 7, 2025
Current price
$965,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$5,620
- Principal & interest
- $4,880
- Property tax (est.)
- $740
Assumes $193,000 down (20%), a $772,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.