9025 46th Avenue S, Seattle, WA 98118 (MLS # 2541768)
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Listing provided courtesy of Northwest MLS; Northmarq Multifamily, LLC
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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.
| LAST UPDATED | 6/18/2026 | TRACT | Seattle |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Seattle |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Dunlap |
|---|---|
| Jr. High School | South Shore PK-8 |
| High School | Rainier Beach High |
| ADDITIONAL DETAILS | |
| AREA | 380 - Southeast Seattle |
|---|---|
| HEAT | None |
| LOT | 5998 sq ft |
| LOT DESCRIPTION | Paved |
| LOT DIMENSIONS | 46.5' x 141.3' |
| MLS STATUS | Active |
| STYLE | 40 - Res-Less thn 1 Ac |
| SUBDIVISION | Seattle |
| TAXES | 3119.09 |
| UTILITIES | Electricity Available, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Lake, Territorial |
| ZONING | Multi-Family,Residential |
| SATELLITE VIEW |
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Properties with the
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/20/26 2:17 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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