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
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Price history
▼ 0.3%Most recent change on 2026-02-05: $1,599,000 → $1,595,000.
- Feb 5, 2026$1,595,000Price change
- Sep 12, 2025$1,599,000Price change
- Sep 8, 2025$1,697,000Price change
- Jul 28, 2025$1,699,000Initial list price
- Jan 27, 2014$450,000Sold
- Dec 29, 2011$525,000Price change
- Jun 10, 2011$525,000Price change
- Feb 2, 2011$550,000Price change
- Dec 27, 2010$600,000Initial list price
- Jun 25, 2010$415,000Price change
- Jun 6, 2010$415,000Initial list price
- Apr 18, 2000$275,000Sold
- Dec 31, 1985$125,000Sold
- 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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