7410 Rainier Ave S

Seattle, WA 98118

$1,599,000
Price
7
Beds
7
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Listing provided courtesy of Torre Realty

Description

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...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.
  1. Listed by Elena Pike • Torre Realty

Property Details for 7410 Rainier Avenue South

Community Name
Rainier Valley
School District
Seattle
Number of Assigned Spaces
7
Total Covered Parking
0
Entry Date
07-28-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 10/02/2025 09:58 PM

Property Details for 7410 Rainier Avenue South

StatusActive
MLS #2413358
Days on Market174
Cumulative Days on Market174
Taxes$12,719 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.18 AC / 7,970 SF
CountyKing County

Location

Listing Courtesy of Torre Realty
Add your commute

Building Information for 7410 Rainier Avenue South

Stories1Residences7Year Built1955Building Size-Lot Size0.18 AC / 7,970 SF

Payment Calculator

$8,853 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,793

Property Taxes

$1,060

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7410 Rainier Avenue South

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 380 - Southeast Seattle
  • Elementary School: Seattle Public Sch
  • Middle Or Junior School: Seattle Public Sch
  • High School: Rainier Beach High
  • Directions: Rainier Ave S, past Othello approx. 2 blocks. Property is on the East side of street.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
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
  • Floor Covering: Laminate
  • Amenities: Basement,Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3553
  • Power Company: Seattle
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Business,Commercial,Multi-Family,Office,Residential,Retail
  • Possible Use: Business, Commercial, Multi-Family, Office, Residential, Retail
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 14
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 2624049182
  • Building Condition: Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 7
  • Units Below Grade: false
  • Units In Building Total: 7
Financing / Income and Expenses
  • Electric Expense: $1,000
  • Total Expenses: 46759
  • Gross Adjusted Income: 105947
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $105,947
  • Insurance Expense: $2,038
  • Net Operating Income: $59,188
  • Other Expenses: $25,449
  • Total Monthly Income: 9040
  • Fuel Expense: $2,000
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 517
  • Rent Unit 1: $1,190.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 517
  • Rent Unit 2: $1,225.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 517
  • Rent Unit 3: $1,275.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 517
  • Rent Unit 4: $1,275.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 517
  • Rent Unit 5: $1,250.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 517
  • Rent Unit 6: $1,275.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 517
  • Rent Unit 7: $1,250.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3958.0

Property History for 7410 Rainier Avenue South

DateEvent & SourcePriceAppreciation
Sep 12, 2025

Price Change

NWMLS #2413358

$1,599,000—
Sep 8, 2025

Price Change

NWMLS #2413358

$1,697,000—
Jul 28, 2025

Listed (Active)

NWMLS #2413358

$1,699,000—
Jan 27, 2014

Sold

NWMLS #309027

$450,000—
Jan 17, 2014

Sold (Public Record)

Public Record #401096943

$450,000—
Sep 17, 2013

Pending

NWMLS #309027

—
Jan 9, 2012

Listed (Active)

NWMLS #309027

$525,000—
DateEvent & SourcePrice
09/12/2025

Price Change

NWMLS #2413358

$1,599,000
09/08/2025

Price Change

NWMLS #2413358

$1,697,000
07/28/2025

Listed (Active)

NWMLS #2413358

$1,699,000
01/27/2014

Sold

NWMLS #309027

$450,000
01/17/2014

Sold (Public Record)

Public Record #401096943

$450,000
09/17/2013

Pending

NWMLS #309027

—
01/09/2012

Listed (Active)

NWMLS #309027

$525,000

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

Public Records for 7410 Rainier Avenue South

Taxable ValueLand$637,600Additions$623,400Total$1,261,000
Tax Record2024$12,718 ($1,060 / month)
Home Facts
Total Finished SqFt3,619 SqFtAbove Ground SqFt3,619 SqFtStories1Lot Size7,970 SqFtStyleMulti-Family Dwelling (2-4)Year Built1955Year Renovated1988ZoningLR3 (M)CountyKINGAPN262404-9182

Schools near 7410 Rainier Avenue South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Graham Hill Elementary School
Public - PK to 5
Aki Kurose Middle School
Public - 6 to 8
Rainier Beach High School
Public - 9 to 12
Alan T. Sugiyama High School
Public - 9 to 12
Rating
School
Distance
Graham Hill Elementary School
PublicPK to 5

Aki Kurose Middle School
Public6 to 8

Rainier Beach High School
Public9 to 12

Alan T. Sugiyama High School
Public9 to 12

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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More information about 7410 Rainier Avenue South, Seattle, WA 98118

7410 Rainier Avenue South is a multi-family home for sale in Seattle, WA 98118. This property was listed for sale on July 28, 2025 by Torre Realty, it's currently listed at $1,599,000. It has been on the market for a total of 174 days and was last sold on January 27, 2014. This listing's school district is Seattle Public Schools. Nearby schools include Graham Hill Elementary School, Aki Kurose Middle School and Rainier Beach High School. 7410 Rainier Avenue South is a 7-bed, 7-bath, multi-family home built in 1955.

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 Torre Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/18/2026 06:50 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.