0 S Director & 48th Ave S

24,134 / 0.55
Lot Size / Acres

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...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 for 0 South Director & 48th Avenue South

Community Name
Rainier Beach
School District
Seattle
View
Territorial
Entry Date
02-07-2025
Sewer
Available, On Property
LISTING UPDATED: 12/18/2025 09:42 AM

Property Details for 0 South Director & 48th Avenue South

StatusActive
MLS #2330431
Days on Market383
Cumulative Days on Market383
Taxes$10,511 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.55 AC
CountyKing County

Location

Listing Courtesy of AgencyOne; Windermere R.E. Shoreline
Add your commute

Building Information for 0 South Director & 48th Avenue South

Lot Size0.55 AC

Payment Calculator

$6,237 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,361

Property Taxes

$876

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 South Director & 48th Avenue South

Summary
Location and General Information
  • Style: 42 - Multi-Family
  • Area: 380 - Southeast Seattle
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Aki Kurose
  • High School: Rainier Beach High
  • 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.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Carport: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Property Features: Brush
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: Available
  • Electric On Property: No
  • Gas Available: In Street
  • Water Source: In Street, On Property
  • Utilities: Electricity Available, Natural Gas Available
Property and Assessments
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Slope of Property: N/A
  • Water Jurisdiction: City
  • Zoning Remarks: Multi-Family
  • Lot Topography: Level
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 14
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 2123700444
  • Calculated Square Footage: 0
  • Level Comment: Level
  • Structure Type: Multi Family
  • Road On Which Side: N
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 0 South Director & 48th Avenue South

DateEvent & SourcePriceAppreciation
Mar 14, 2025

Price Change

NWMLS #2330431

$1,100,000
Feb 7, 2025

Listed (Active)

NWMLS #2330431

$1,398,000
DateEvent & SourcePrice
03/14/2025

Price Change

NWMLS #2330431

$1,100,000
02/07/2025

Listed (Active)

NWMLS #2330431

$1,398,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 South Director & 48th Avenue South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Dunlap Elementary School
PublicPK to 5

Aki Kurose Middle School
Public6 to 8

Rainier Beach High School
Public9 to 12

The New School At South Shore
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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0 South Director & 48th Avenue South is a 0.55 ac of land for sale in Seattle, WA 98118. This property was listed for sale on February 7, 2025 by AgencyOne, it's currently listed at $1,100,000. This listing's school district is Seattle Public Schools. Nearby schools include Dunlap Elementary School, Aki Kurose Middle School and Rainier Beach High School. 0 South Director & 48th Avenue South is a 0-bed, 0-bath, 0.55 ac of land on a 24,134 sq. ft. / 0.55 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AgencyOne; Windermere R.E. Shoreline

Based on information submitted to the MLS GRID as of 12/18/2025 09:42 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.