Active · Residential

4519 S Henderson Street , Seattle, WA 98118

Seattle, WA 98118

$799,999

3 bedrooms · 4 bathrooms · 2,460 sq ft

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Listing provided by FIRST AND MAIN · MLS #2454040 · Active

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About this property

Rare development opportunity in the heart of Seattle’s rapidly growing Rainier Beach neighborhood. This 14,555 SF parcel is zoned MHA LR3 + SM-RB 85 in a HALA opportunity area, offering strong redevelopment potential for builders and investors alike. City correspondence has confirmed favorable FAR potential and the possibility for dual maximum building heights. The property includes an existing rental home plus a separate garage rental unit, for easy rental income while pursuing permits. Existing month-to-month tenant would like to stay. Positioned on two main thoroughfares with access potential from both sides, the site offers flexibility for future development. Possible Downtown Seattle and Lake Washington views from approximately 35 feet. Located just one block from Link Light Rail, parks, shopping, and neighborhood amenities. Here is your chance to secure a large urban development site in one of Seattle’s fastest-evolving neighborhoods.

Property details

Property type: Single Family Residence
Year built: 1917
Lot size: 14,555 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $7,287 (2023)
School district: Seattle

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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