$799,999
Est. $4,033/mo3 bd•2.5 ba•2,460 sq ft
4519 S Henderson Street, Seattle, WA 98118
• Listed 2025-11-11•37 days on market
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Based on information submitted to the MLS GRID as of May 17, 2026 at 05:01am (date and time MLS GRID Data was obtained). 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.
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Rare development opportunity in the heart of Seattle’s rapidly growing Rainier Beach neighborhood. This 14,555 SF parcel is zoned MHA LR3 + SM-RB 85 in a HALA opportunity area, offering strong redevelopment potential for builders and investors alike. City correspondence has confirmed favorable FAR potential and the possibility for dual maximum building heights. The property includes an existing rental home plus a separate garage rental unit, for easy rental income while pursuing permits. Existing month-to-month tenant would like to stay. Positioned on two main thoroughfares with access potential from both sides, the site offers flexibility for future development. Possible Downtown Seattle and Lake Washington views from approximately 35 feet. Located just one block from Link Light Rail, parks, shopping, and neighborhood amenities. Here is your chance to secure a large urban development site in one of Seattle’s fastest-evolving neighborhoods.
Listed by Khaleel Grant • FIRST AND MAIN
Listing updated: May 17, 2026 at 05:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2454040
$1,023,000
+$223,001 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $720K and $865K.
Rental earnings
$3,075/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$720,000Last sold price
8457 Renton Avenue S, Seattle, WA 98118

$755,000Last sold price
4432 S Kenyon Street, Seattle, WA 98118
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
4519 S Henderson Street, Seattle, WA 98118
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 7 days.
$3,500,000 Sold
7 weeks ago
•Single Family
7550 Martin Luther King Jr Way S, Seattle, WA 98118
5%
Under list
—
Days on market
0.8 mi
Distance
$665,000 Sold
3 months ago
3 bd•~1,440 sq ft•Single Family
3928 S Pilgrim St, Seattle, WA 98118
1%
Under list
—
Days on market
0.6 mi
Distance
$479,000 Sold
5 months ago
2 bd•1.5 ba•~964 sq ft•Single Family
9223 38th Avenue S #b, Seattle, WA 98118
2%
Under list
—
Days on market
0.5 mi
Distance
$900,000 Sold
5 months ago
•Single Family
7440 Rainier Avenue S, Seattle, WA 98118
0%
Over list
—
Days on market
0.9 mi
Distance
$710,000 Sold
6 months ago
5 bd•2 ba•~2,580 sq ft•Single Family
7919 37th Avenue S, Seattle, WA 98118
10%
Under list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Seattle School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.