WA > Seattle > Rainier Beach
Seattle, WA 98118,4803 S Henderson St
Seattle, WA 98118,4803 S Henderson St
Seattle, WA 98118,4803 S Henderson St
Seattle, WA 98118,4803 S Henderson St
Seattle, WA 98118,4803 S Henderson St
Seattle, WA 98118,4803 S Henderson St
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David Anderson

David Anderson

+1(206) 605-4267
Listed by eXp Realty
$ 5,700,000
Est. payment | /mo

45 Beds

39 Baths

25,104 SqFt

Save
$ 5,700,000
Est. payment | /mo
Save

45 Beds

39 Baths

25,104 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 25,104 sqft

Price per Sqft $227

Subdivision Rainier Beach

MLS Listing ID 2413984

Style 56 - 10+ Units

Bedrooms 45

Year Built 1962

Annual Tax Amount $73,394

Lot Size 0.758 Acres

Property Sub-Type Multi Family

Property Description

Prime 39-unit apt building in a high-demand Seattle submarket, just blocks from light rail and minutes to Boeing, the Port of Seattle, and Downtown. This stabilized asset provides immediate cash flow with significant upside through value-add potential. The property features 33 one bed and 6 two-bed units across three levels. 15 units updated (3 in 2024), achieving rent premiums of ~$400/month. 24 units remain in original condition—ideal for renovation. Additional income potential from building out studio units ($79K+/yr), paid parking, coin-op laundry, and rentable storage.Electrical-24 panels updated in 2010.Plumbing-18 units updated in 2010. Windows replaced in 2000.Stucco and roof updated in 2010.Call the listing agent with any questions

Location

State WA

County King

Area 380 - Southeast Seattle

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete

Amenities Available Dock, Fenced-Partially

View Y/N Yes

View Territorial

Roof Type Flat

Building

Lot Description Alley, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, See Remarks

Listing Terms Cash Out, See Remarks

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent
David Anderson

REALTOR® | Lic# 106984

+1(206) 605-4267

17717 132nd Ave NE, Woodinville, WA, 98072

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4803 S Henderson St