9025 46th Avenue S, Seattle, WA 98118

Land
Built in ——
5,998sqft lot
—— car garage
$——/sqft
Listed 16 days ago

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.

Listing Status:: Active
Data Last Updated:: July 5, 2026 at 1:22AM
Listing Office:: Northmarq Multifamily, LLC : 952-356-0100
Listing Agent:: Taylor Wyman : 952-356-0100
MLS ID:: 2541768

A/C: None
Heating: None
Fireplace: Fireplaces: 0

Improvements: Fenced-Partially

General: 40 - Res-Less thn 1 Ac

Road/Access: Paved
HOA Amenities: 0.0
Originating MLS: nwmls
School District: Seattle
County: King

Topography: Level
Zoning: 2122700006
View: CityLakeTerritorialView
Restrictions: No Restrictions

Utilities: Electricity AvailableNatural Gas Available
Water: In Street
Sewer: In Street

Source: nwmls

This listing courtesy of Taylor Wyman , Northmarq Multifamily, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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