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Listed by Khaleel Grant • FIRST AND MAIN.
FOR SALE

$799,999

Est. $4,431/mo

Price reduced $300,001 from the original $1,100,000 asking price

3 bd•3.25 ba•2,460 sq ft

4519 S Henderson Street, Seattle, WA 98118

• Listed Nov 11, 2025•218 days active · 218 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: FIRST AND MAIN; Khaleel Grant; 206-919-2484; kgrant@famagents.com

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Listing Broker: FIRST AND MAIN; Khaleel Grant; 206-919-2484; kgrant@famagents.com

About this home

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.

Property type
Single Family
Year built
1917
Interior
2,460 sq ft
Lot size
0.3341 acres
Parking
Off Street, RV Parking
Price / sq ft
$325
HeatingForced Air
CoolingNone
Property taxes$7,287/yr (est.)
School districtSeattle

Listed by Khaleel Grant • FIRST AND MAIN

Listing updated: September 17, 2026 at 11:30am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2454040

Around this home

RexMont OfferEdge™

How much should you offer?

4519 S Henderson Street, Seattle, WA 98118

List price
$799,999
Down payment
$160,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Interior features

  • Water Heater
  • Finished basement

Bedrooms

  • 3 bedrooms total
  • 3 on the lower level

Bathrooms

  • 2 full bathrooms
  • 1 three-quarter bathroom (shower, no tub)
  • 1 half bathroom
  • 3.25 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 2 Stories w/Bsmnt
  • 2,460 sq ft finished

Flooring

  • Hardwood
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Seattle School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Partial Slope
Vegetation
Brush, Garden Space
Lot number
5
Zoning code
LR3 (M2)
Zoning jurisdiction
City

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Gas
Power company
Seattle City Light
Water company
City of Seattle
Sewer company
City of Seattle
Irrigation water rights
No

New construction

Square footage source
Realist
Lot size source
Realist
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 4519 S Henderson Street

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 17, 2026
    Price reduced
    NWMLS via MLS Grid · #2454040
    $799,999
    $325/sq ft
  2. Nov 11, 2025
    Listed
    NWMLS via MLS Grid · #2454040
    $1,100,000
    $447/sq ft
  3. Nov 19, 2014
    Recorded sale
    King County recorder · Quit claim deed
    $75,674
    $31/sq ft
  4. Sep 12, 2013
    Sold
    NWMLS via MLS Grid · #401015
    $355,000
    $144/sq ft
  5. Sep 2, 2013
    Pending
    NWMLS via MLS Grid · #401015
    $359,950
    $146/sq ft
  6. Sep 2, 2013
    Price raised
    NWMLS via MLS Grid · #401015
    $359,950
    $146/sq ft

Down payment assistance

7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Check eligibility

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$5,238 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

Get pre-approved
Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: FIRST AND MAIN; Khaleel Grant; 206-919-2484; kgrant@famagents.com

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 60 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $885,000 Sold

    3 days ago

    3 bd•1.5 ba•~2,043 sq ft•Single Family

    7944 Seward Park Avenue S, Seattle, WA 98118

    0%

    Over list

    21

    Days on market

    0.7 mi

    Distance

  • $417,000 Sold

    5 days ago

    2 bd•1 ba•~970 sq ft•Single Family

    4329 S Webster Street, Seattle, WA 98118

    2%

    Under list

    27

    Days on market

    0.8 mi

    Distance

  • $550,000 Sold

    1 week ago

    3 bd•2 ba•~1,090 sq ft•Single Family

    3508 S Holden Street, Seattle, WA 98118

    0%

    Over list

    —

    Days on market

    0.9 mi

    Distance

  • $600,000 Sold

    2 weeks ago

    •Single Family

    7418 Rainier Avenue S, Seattle, WA 98118

    4%

    Under list

    79

    Days on market

    0.9 mi

    Distance

  • $900,000 Sold

    2 weeks ago

    •Single Family

    0 S Director & 48th Avenue S, Seattle, WA 98118

    7%

    Under list

    605

    Days on market

    0.1 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 agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 18, 2026 at 11:09 AM PT (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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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