Active
Listed by Khaleel Grant • FIRST AND MAIN.
FOR SALE
$799,999
Est. $4,194/mo3 bd•2.5 ba•2,460 sq ft
4519 S Henderson Street, Seattle, WA 98118
• Listed 2025-11-11•17 days on market
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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.)
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
Open houses
No upcoming open houses scheduled for this property.
Around this home
Schools
Ratings via SchoolDigger- School #1260546477Public · Grades PK-5 · 7.2 mi · State rank 749 of 1,0004/10
- School #1254302189Public · Grades 6-8 · 1.7 mi · State rank 110 of 1,0008/10
- School #691661395Public · Grades 9-12 · 0.3 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
Sold comparable homes
5 recent nearby sales, priced between $450K and $760K.
Sold Oct 14, 2025
$599,950Last sold price
3 beds2.5 baths1,809 sq ft
3733 S Holly Park Drive #4, Seattle, WA 98118
$332/sq ftlarger lot89 years newer
Sold Jun 6, 2025
$450,000Last sold price
3 beds1 baths2,200 sq ft
5154 S Creston Street, Seattle, WA 98178
$205/sq ftsmaller lot
Sold Jul 9, 2025
$665,000Last sold price
3 beds1.5 baths1,880 sq ft
6904 30th Avenue S, Seattle, WA 98108
$354/sq ftsmaller lot84 years newer
Property details
Interior features
- Water Heater
- Finished basement
Bedrooms
- 3 bedrooms total
Bathrooms
- 2 full bathrooms
- 1 half bathroom
Flooring
- Hardwood
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
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.
Mortgage payment forecast
$5,001 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
Takes about 5 minutes & won't affect your credit
Get pre-approvedPlan 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
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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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: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 42 days.
Recent sales nearby
Within 1 mile · last 6 months$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
5 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
$940,000 Sold
5 months ago
•Single Family
9284 50th Avenue S, Seattle, WA 98118
1%
Under list
—
Days on market
0.3 mi
Distance
$635,000 Sold
5 months ago
3 bd•1.5 ba•~1,089 sq ft•Single Family
9620 Lindsay Place S, Seattle, WA 98118
2%
Under list
—
Days on market
0.8 mi
Distance
$500,000 Sold
5 months ago
3 bd•1.5 ba•~1,120 sq ft•Single Family
3814 Cloverdale Avenue S, Seattle, WA 98118
3%
Under list
—
Days on market
0.5 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 via HouseCanary · Updated Jun 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 3, 2026 at 11:39 AM PDT (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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