$660,000
Est. $3,313/mo9025 46th Avenue S, Seattle, WA 98118
• Listed 2026-06-18•20 days on market
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The Rainier Beach Development Site is a shovel-ready, 6,000 SF LR3 (M2) parcel in an established Urban Village. The Master Use Permit is approved and active through September 2028—no City review delay—and 100% of the architectural and engineering fees are fully paid, with all plans conveying to the buyer at closing.Approved for 42 apartment units, this transit-oriented site requires no parking, maximizing buildable square footage. It qualifies for Seattle's 12-Year MFTE Program and sits within a designated Opportunity Zone for added tax incentives.Walk Score of 81, with a 5-minute walk to the Rainier Beach Light Rail Station, Community Center, and Safeway. Offered at $101 per square foot—a rare, permit-ready foundation in one of Seattle's fastest-evolving submarkets.
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value9025 46th 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.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 18, 2026 at 09:39am (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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Listed by Taylor Wyman • Northmarq Multifamily, LLC
Listing updated: June 18, 2026 at 09:39am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2541768
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$510,000
590 1st Avenue S #603, Seattle, WA 98104
Linus Lu · John L. Scott, Inc
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 20 days.
$5,000 Sold
2 months ago
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0%
Over list
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Days on market
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Distance
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2 months ago
•Single Family
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5%
Under list
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Days on market
0.8 mi
Distance
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3 months ago
•Single Family
9050 Seward Park Avenue S #151, Seattle, WA 98118
6%
Under list
—
Days on market
0.6 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
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2%
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 from MLS GRID / NWMLS · Updated Jul 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.