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$1,699,000

7410 Rainier Ave S Seattle, WA 98118

0.2 acres
House

Property details

About 7410 Rainier Ave S

Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have been tastefully updated, including kitchens, bathrooms, and flooring. Additional income is generated through coin-operated laundry on-site. A rare chance to invest or build in one of Seattle’s most strategic locations.

Highlights

HeatingBaseboard
StatusActive
Lot size0.183 Acres
Year built1955
MLS #2413358

Summary

  • Flooring Type: Laminate
  • Exterior: Wood Products
  • Heating: Baseboard
  • Cooling: None
  • List Price: $1,699,000
  • HOA Amount: $0
  • Annual Tax Amount: $11,985
  • Tax Year: 2022
  • Lot: Curbs, Paved, Sidewalk
  • Directions: Rainier Ave S, past Othello approx. 2 blocks. Property is on the East side of street.
  • Year Built: 1955
  • Stories: 1
  • Lot Size: 0.183 Acres
  • MLS Number: 2413358
  • MLS Name: NWMLS
  • Office Name: Torre Realty
  • Office Phone: (206) 915-2399
  • Listing Agent: Elena Pike

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.

DMCA Notice

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: 8/1/2025, 2:47:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 27, 2014
Home Sold
$450,000
Apr 18, 2000
Home Sold
$275,000

Tax history

YearAssessmentProperty Tax
2022$1,319,000$11,985
2021$1,222,000$11,995
2020$1,211,000$12,402
2018$710,000$6,852
2017$642,000$7,048

History based on county public records data.

Nearby schools

5

Martin Luther King Jr. Elementary School

Public District PK-5

0.6 mi

6725 45th Ave S

4

Graham Hill Elementary School

Public District PK-5

0.7 mi

5149 S Graham St

4

Dunlap Elementary School

Public District PK-5

0.8 mi

4525 S Cloverdale 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 $55,294. The majority of Seattle, WA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

31%
<35k
47%
35k-100k
16%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
16%
Single, with Kids
24%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolvoVolvo

What do the neighbors listen to?

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

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Frequently asked questions

About 7410 Rainier Ave S

The listing price of 7410 Rainier Ave S property is $1,699,000.

The property 7410 Rainier Ave S is a house located in Seattle, Washington, 98118.

Active Listing: 7410 Rainier Ave S is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7410 Rainier Ave S are: Martin Luther King Jr. Elementary School (GreatSchools Rating 5/10), Graham Hill Elementary School (GreatSchools Rating 4/10), Dunlap Elementary School (GreatSchools Rating 4/10), South Shore PK-8 School (GreatSchools Rating 5/10), Aki Kurose Middle School (GreatSchools Rating 5/10), Orca K-8 School (GreatSchools Rating 4/10), Alan T. Sugiyama High School (GreatSchools Rating 2/10), Rainier Beach High School (GreatSchools Rating 3/10), Rainier Valley Leadership Academy (GreatSchools Rating 5/10).

According to the records, the last property tax for 2022 is $11,985 (source: MLS/based on county public records data).

The last sale was on January 27, 2014 for $450,000 (source: MLS/tax record).

The property at 7410 Rainier Ave S has 0 bathroom.

The sq. ft. of 7410 Rainier Ave S is not available (source: MLS/tax record).

The year of construction for 7410 Rainier Ave S is 1955.

This home is located at 7410 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 July 28, 2025 and is currently priced at $1,699,000.

Seattle, WA housing market in June 2025 saw over 270 listings sold above listed price, more than 281 sold at listed price and over 334 sold below. The number of homes for sale in Seattle, WA increased by 14.7% between May and June 2025. In June 2025 median list price was $856,247 and the average listing age was 27 days.

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

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