$799,999
Est. $4,155/mo3 bd•3.25 ba•2,460 sq ft
4519 S Henderson Street, Seattle, WA 98118
• Listed 2025-11-11•122 days on market
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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
Open houses
No upcoming open houses scheduled for this property.
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
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.
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$4,962 per month
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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 12 days.
$524,000 Sold
2 days ago
2 bd•2 ba•~1,160 sq ft•Single Family
4404 S Othello St #a, Seattle, WA 98118
0%
Over list
—
Days on market
1.0 mi
Distance
$740,000 Sold
2 weeks ago
4 bd•3.5 ba•~1,930 sq ft•Single Family
9240 39th Avenue S, Seattle, WA 98118
0%
Over list
—
Days on market
0.4 mi
Distance
$64,000 Sold
4 weeks ago
•Single Family
9050 Seward Park Avenue S #125, Seattle, WA 98118
19%
Under list
—
Days on market
0.6 mi
Distance
$485,000 Sold
3 months ago
3 bd•1.75 ba•~1,020 sq ft•Single Family
8434 34th Avenue S, Seattle, WA 98118
8%
Under list
—
Days on market
0.7 mi
Distance
$5,000 Sold
4 months ago
4 bd•3.5 ba•Single Family
7929 Seward Park Avenue S, Seattle, WA 98118
0%
Over 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 Sep 2026
MLS GRID Disclaimer
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.
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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
$923,000
+$123,001 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $640K and $740K.
Rental earnings
$2,775/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
$740,000Last sold price
9240 39th Avenue S, 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.
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