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$1,595,000

  • For Sale
  • Active
  • Multi-Family

Listed by Elena Pike | Torre Realty | (206) 915-2399

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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.

Full Property Details for 7410 Rainier Ave S

General

  • Price: $1,595,000
  • Taxes: $12,719 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2413358
  • Updated: 2/5/2026
  • Added to Site: 217 day(s) ago

Interior

  • Flooring: Laminate

Parking

  • Uncovered Spaces: 7

Location

  • Area: 380 - Southeast Seattle
  • County: King
  • Subdivision: Rainier Valley
  • Driving Directions: Rainier Ave S, past Othello approx. 2 blocks. Property is on the East side of street.

School Information

  • High School District: Seattle
  • Elementary School: Seattle Public Sch
  • Middle School: Seattle Public Sch
  • High School: Rainier Beach High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Year Built: 1955
  • Property Condition: Good

Unit Information

  • Units in Building: 7

Lot Features

  • Lot Size (Acres): 0.183
  • Lot Size (Sq. Ft.): 7,970
  • Lot Size Source: Public Records
  • Lot Features: Curbs, Paved, Sidewalk
  • Zoning: Business, Commercial, Multi-Family, Office, Residential, Retail

Financial Considerations

  • Tax Amount: $12,719
  • Tax Year: 2024
  • Terms: Cash Out, Conventional, Owner Financing

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2624049182

Listed by Elena Pike | Torre Realty | (206) 915-2399

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NMLS#: 1598647

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Schools serving 7410 Rainier Ave S

School District:Seattle School District
NameGradesDistance
Graham Hill Elementary School
5149 South Graham Street, Seattle, WA 98118
PK-50.7 mi
Aki Kurose Middle School
3928 South Graham Street, Seattle, WA 98118
6-81 mi
Rainier Beach High School
8815 Seward Park Avenue South, Seattle, WA 98118
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7410 Rainier Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Price Reduced
$1,595,000
-0.25%
MLS
9/12/2025
Price Reduced
$1,599,000
-5.77%
MLS
9/08/2025
Price Reduced
$1,697,000
-0.12%
MLS
7/28/2025
Listed
$1,699,000
277.56%
MLS
1/17/2014
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7410 Rainier Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,718
—
$1,261,000
-4%
2024
$12,718
6%
$1,319,000
—
2022
$11,986
-3%
$1,319,000
8%
2021
$12,402
—
$1,222,000
1%
2021
$12,402
26%
$1,211,000
27%
2020
$9,836
44%
$952,000
34%
2019
$6,853
-3%
$710,000
11%
2018
$7,049
18%
$642,000
15%
2017
$5,990
11%
$558,000
14%
2016
$5,406
10%
$490,000
8%
2015
$4,911
-2%
$455,000
7%
2014
$5,009
—
$426,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Elena Pike | Torre Realty | (206) 915-2399

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7410 Rainier Avenue S, Seattle, WA 98118 (MLS# 2413358) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 7410 Rainier Avenue S is currently listed for $1,595,000 and was received on July 28, 2025. Want to learn more about 7410 Rainier 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.

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