$325,000
Est. $1,640/mo6198 Rainier Avenue S, Seattle, WA 98118
• Listed 2026-06-08•New today
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Based on information submitted to the MLS GRID as of June 8, 2026 at 10:37am (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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Builders and developers—take advantage of this shovel-ready South Seattle opportunity. Included in the sale are approved plans and permits, allowing you to break ground immediately. A significant benefit of this project is its exempt from MHA fees, meaning significant cost savings. The project consists of three-level lots with approved plans for more than 4,400 square feet of total living space, providing a development opportunity in an area experiencing growth and redevelopment. Whether your strategy is to build and sell or hold as long-term rentals, this project offers flexibility and a faster path to returns. With permits in hand and development activity increasing throughout the surrounding area, this is an opportunity to reduce carrying costs, minimize development risk, and start construction right away. Approved plans and permits are included in the purchase price. Project details, plans, and permit information are available. Buyers are advised to verify all information to their own satisfaction.
Listed by Rolanda M. Carriere • Mattice Real Estate Group, LLC
Listing updated: June 8, 2026 at 10:37am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2536587
Open houses
No upcoming open houses scheduled for this property.
$0
-$325,000 under list price
Nearby comparable homes
RexMont uses 0 strongest recent nearby sales, priced between $InfinityM and $-InfinityK.5 outlier sales were excluded from this snapshot.Public-record comparables are supplemented with Google exterior imagery when MLS photos are unavailable.
Rental earnings
$0/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
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.
More resources
Rental earningsEst. $0 per month, before expense review6198 Rainier Avenue S, 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
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
$2,163 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 12 days.
$3,000,000 Sold
6 weeks ago
•Single Family
4820 S Morgan Street, Seattle, WA 98118
14%
Under list
—
Days on market
0.2 mi
Distance
$891,000 Sold
2 months ago
2 bd•1 ba•~1,486 sq ft•Single Family
4808 54th Avenue S, Seattle, WA 98118
4%
Under list
—
Days on market
1.0 mi
Distance
$875,000 Sold
2 months ago
4 bd•2.5 ba•~1,750 sq ft•Single Family
6356 47th Avenue S, Seattle, WA 98118
3%
Under list
—
Days on market
0.2 mi
Distance
$674,950 Sold
4 months ago
3 bd•2.5 ba•~1,700 sq ft•Single Family
3910 S Holly Street, Seattle, WA 98118
0%
Over list
—
Days on market
0.4 mi
Distance
$540,000 Sold
4 months ago
2 bd•1 ba•~820 sq ft•Single Family
3906 S Morgan Street, Seattle, WA 98118
4%
Under list
—
Days on market
0.4 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.
