0 S Director & 48th Avenue S
Seattle, WA 98118
0.55 acres | #2330431
Description
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!
Property Details
- Utility FeaturesElectricity Available, Natural Gas Available
- Sewer InformationAvailable, On Property
- Utility SourceIn Street, On Property
- Lot DescriptionCorner Lot, Paved
- High SchoolRainier Beach High
- Style42 - Multi-Family
- Date ListedFebruary 07, 2025
- Elementary SchoolBuyer To Verify
- SubdivisionRainier Beach
- Structure TypeMulti Family
- ViewTerritorial
- Middle SchoolAki Kurose
- Original List Price$1,398,000
- Property TypePurchase
- School DistrictSeattle
- Taxes Annual$10,511
- MLS #2330431
- Cost1100000
- MLS #2330431
- Acres0.554
- CountyKing
- Property SubtypeLand
- Days on Market (Cumulative)51
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-22 20:16:10. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Charla Oliver (#NWM37121)
Listing Office: AgencyOne (#NWM5074)
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