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$900,000

  • Sold
  • Closed
  • Multi-Family
  • Updated 6 days ago

Listed by Charla Oliver | AgencyOne | (425) 772-7500 and Tommy Quach | Windermere R.E. Shoreline | (206) 546-5731
Sold by Jordan Thompson | Keller Williams Eastside and Kelly Chiou | Keller Williams Eastside

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Rare Development Opportunity in Rainier Beach! First time on the market in 26 years, this 6-lot assembly spans over half an acre and is one of the last multi-lot development sites in this rapidly growing community. Zoned LR2 (M), allowing for a variety of multifamily housing types, including townhomes, row houses, and apartments. Infrastructure is already in place with water meter boxes set and three sewer stubs ready for easy city connection. The property is conveniently located just blocks from Lake Washington, light rail, shopping, and Kubota Garden, with quick access to I-5. New fencing included. Don't miss this prime investment opportunity in one of Seattle's most promising neighborhoods!

Full Property Details for 0 S Director & 48th Ave S

General

  • Sold For: $900,000
  • Taxes: $10,511 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2330431
  • Added to Site: 614 day(s) ago

Location

  • Area: 380 - Southeast Seattle
  • County: King
  • Subdivision: Rainier Beach
  • Building Name: Dunlaps Plat on Lake Washington
  • Driving Directions: GPS Navigate to 9100 48th Ave S Seattle takes you there. From I-5 Take MLK Exit, go North to East on S Henderson St. Go S on 48th AVE S. to Corner of S Director and 48th Ave S.

School Information

  • High School District: Seattle
  • Elementary School: Buyer To Verify
  • Middle School: Aki Kurose
  • High School: Rainier Beach High

Utilities

  • Sewer: Available, On Property
  • Water: In Street, On Property
  • Utility Description: Electricity Available, Natural Gas Available

Structural Information

  • Structure Type: None

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.554
  • Lot Size (Sq. Ft.): 24,134
  • Lot Size Source: Realist
  • Street/Road Desc.: Paved
  • Topography: Level
  • Lot Features: Corner Lot, Paved
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $10,511
  • Tax Year: 2024
  • Terms: Cash

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2123700444

Listed by Charla Oliver | AgencyOne | (425) 772-7500 and Tommy Quach | Windermere R.E. Shoreline | (206) 546-5731
Sold by Jordan Thompson | Keller Williams Eastside and Kelly Chiou | Keller Williams Eastside

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 0 S Director & 48th Ave S

Date
Details
Price
Change
Source
10/05/2026
Sold
$900,000
-6.74%
MLS
5/11/2026
Price Reduced
$965,000
-12.27%
MLS
3/14/2025
Price Reduced
$1,100,000
-21.32%
MLS
2/07/2025
Listed
$1,398,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Charla Oliver | AgencyOne | (425) 772-7500 and Tommy Quach | Windermere R.E. Shoreline | (206) 546-5731
Sold by Jordan Thompson | Keller Williams Eastside and Kelly Chiou | Keller Williams Eastside

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0 S Director & 48th Avenue S, Seattle, WA 98118 (MLS# 2330431) is a Multi-Family property that was sold at $900,000 on October 05, 2026. Want to learn more about 0 S Director & 48th Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.