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7410 Rainier Ave S
Multi-Family
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$1,595,000

7410 Rainier Ave S, Seattle

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7 bd·7 ba·0 sqft
Built 19557,971 sqft lotRainier Valley

7410 Rainier Ave S, Seattle, WA

7 bd · 7 ba · 0 sqft Multi-Family listed at $1,595,000, built in 1955 in the Rainier Valley neighborhood.

About this home

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.

Property details

Price
$1,595,000
Bedrooms
7
Bathrooms
7
Year built
1955
Lot size
7,971 sqft
Type
Multi-Family
Days on market
272
Est. property tax
$14,833/yr · $1,236/mo · 0.93% WA avg
Last sold
$450,000 · Jan 2014

Estimated monthly payment

Down payment20% ($319,000)
Interest rate6.75%
Principal & Interest$8,276
Property Tax$1,462
Insurance$150
Total$9,888/mo

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Price history

0.3%Most recent change on 2026-02-05: $1,599,000$1,595,000.

$1.86M$895K$-69K$92K on Feb 82 (Sold)$125K on Dec 85 (Sold)$275K on Apr 00 (Sold)$415K on Jun 10 (Initial list)$415K on Jun 10 (Price change)$600K on Dec 10 (Initial list)$550K on Feb 11 (Price change)$525K on Jun 11 (Price change)$525K on Dec 11 (Price change)$450K on Jan 14 (Sold)$1.70M on Jul 25 (Initial list)$1.70M on Sep 25 (Price change)$1.60M on Sep 25 (Price change)$1.59M on Feb 26 (Price change)
$92K · Feb 82$1.59M · Feb 26
  1. Feb 5, 2026$1,595,000Price change
  2. Sep 12, 2025$1,599,000Price change
  3. Sep 8, 2025$1,697,000Price change
  4. Jul 28, 2025$1,699,000Initial list price
  5. Jan 27, 2014$450,000Sold
  6. Dec 29, 2011$525,000Price change
  7. Jun 10, 2011$525,000Price change
  8. Feb 2, 2011$550,000Price change
  9. Dec 27, 2010$600,000Initial list price
  10. Jun 25, 2010$415,000Price change
  11. Jun 6, 2010$415,000Initial list price
  12. Apr 18, 2000$275,000Sold
  13. Dec 31, 1985$125,000Sold
  14. Feb 1, 1982$91,600Sold

Location

This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.

Home Intelligence

Neighborhood (zip 98118)

Median age is 38.0; 28% hold a bachelor's degree; 58% of homes are owner-occupied; median household income is $106,930.

Median income
$106,930
Median age
38.0
Owner-occupied
57.8%
Bachelor's degree
28.0%
Census median home value
$726,800

Source: US Census Bureau American Community Survey 5-year estimates.

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