$899,950

5614 Rainier Ave S Seattle, WA 98118

0.07 acres
Land

Property details

About 5614 Rainier Ave S

Fabulous development opportunity in the heart of Hillman City. The hard work is done - Plans and Permits in place for a gorgeous new mixed use 3 story building! Even the Affordable Housing Waiver has been paid. Zoned NC2P55 (M) Ground level commercial space, studio apartments on 2nd floor, 3rd floor penthouse w/courtyard, deck and views! Tucked in the midst of this growing business district that is already a restaurant/pub destination. Now is the time to invest!

Highlights

StatusActive
Lot size0.0689 Acres
MLS #2319395

Summary

  • MLS Number: 2319395
  • MLS Name: NWMLS
  • Office Name: Windermere R E Mount Baker
  • Office Phone: (206) 725-7255
  • Listing Agent: Steven R. Sterling

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 2:47:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$899,950

5614 Rainier Ave S

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Price information

Property sales

DateEventPrice
Jul 13, 2017
Home Sold
$423,000
Aug 30, 1989
Home Sold
$59,500

Tax history

YearAssessmentProperty Tax
2022$557,100$5,106
2021$537,900$5,300
2020$537,900$5,522
2018$442,100$4,106
2017$408,900$4,326

History based on county public records data.

Nearby schools

4

Graham Hill Elementary School

Public District PK-5

0.6 mi

5149 S Graham St

5

Martin Luther King Jr. Elementary School

Public District PK-5

0.7 mi

6725 45th Ave S

8

Dearborn Park International Elementary School

Public District PK-5

0.9 mi

2820 S Orcas St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,175. Most Seattle, WA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

36%
<35k
39%
35k-100k
23%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
15%
Single, with Kids
17%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5614 Rainier Ave S

This home is located at 5614 Rainier Ave S in Seattle, WA and zip code 98118 in the Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $899,950.

In February 2025 more than 215 listings in Seattle, WA were sold above the asking price. During the same period more than 229 listings were sold at asking price, while more than 182 were sold below. The number of listings in Seattle, WA increased by 24.1% between January and February 2025. Listings spent 47 days on the market in February 2025, and had a median list price of $848,345 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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