$660,000
Est. $3,656/mo9025 46th Avenue S, Seattle, WA 98118
• Listed Jun 18, 2026•484 days active · 484 cumulative
Listing Broker: Northmarq Multifamily, LLC; Taylor Wyman; 952-356-0100; twyman@northmarq.com
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Listing Broker: Northmarq Multifamily, LLC; Taylor Wyman; 952-356-0100; twyman@northmarq.com
About this home
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.
Listed by Taylor Wyman • Northmarq Multifamily, LLC
Listing updated: October 7, 2026 at 10:57am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2541768
Around this home
How much should you offer?
9025 46th Avenue S, Seattle, WA 98118
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
Layout
- Res-Less thn 1 Ac
Schools
Ratings via SchoolDiggerSeattle School District
- Dunlap Elementary SchoolPublic · Grades PK-5 · State rank 964 of 1,1382/10
- South Shore PK-8Public · Grades Middle—
- Rainier Beach High SchoolPublic · Grades 9-12 · State rank 261 of 3964/10
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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.14 acres
- Lot square feet
- 6,000 sq ft
- Lot dimensions
- 46.5' x 141.3'
- Topography
- Level
- Lot details
- Paved
Zoning & use
- Zoning code
- LR3 (M2) / Urban Village
- Zoning description
- Multi-Family,Residential
- Zoning jurisdiction
- City
- Possible use
- Multi-Family, Residential
- Restrictions
- No Restrictions
- Improvements
- Fenced-Partially
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- In Street
- Gas
- In Street
- Water
- In Street
- Water jurisdiction
- Seattle
- Sewer
- In Street
Road & access
- Road surface
- Paved
- Road information
- Paved
Surveys & reports
- Sketch submitted
- Yes
- Reports and documents completed
- Drainage,Geotech,Topographical
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $3,119
- Tax year
- 2026
- Senior exemption
- No
- Financing
- Cash, Conventional, Owner Will Carry
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
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.
Opens with the report above.
Sales & Tax Records for 9025 46th Avenue S
NWMLS via MLS Grid · King County AssessorEvery 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.
- Jun 18, 2026ListedNWMLS via MLS Grid · #2541768$660,000
- Nov 27, 2024Recorded saleKing County recorder · Warranty deed$209,000
- Mar 1, 2017SoldNWMLS via MLS Grid · #956811$134,000
- Feb 10, 2017PendingNWMLS via MLS Grid · #956811$150,000
- Feb 10, 2017Price reducedNWMLS via MLS Grid · #956811$150,000
- Jun 8, 2016ListedNWMLS via MLS Grid · #956811$165,000
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.
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
$4,081 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
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Listing Broker: Northmarq Multifamily, LLC; Taylor Wyman; 952-356-0100; twyman@northmarq.com
Market pulse
Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 63 days.
Recent sales nearby
Within 1 mile · last 6 months$885,000 Sold
6 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
1 week ago
2 bd•1 ba•~970 sq ft•Single Family
4329 S Webster Street, Seattle, WA 98118
2%
Under list
27
Days on market
0.9 mi
Distance
$550,000 Sold
2 weeks ago
3 bd•2 ba•~1,090 sq ft•Single Family
3508 S Holden Street, Seattle, WA 98118
0%
Over list
—
Days on market
1.0 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 agentMarket 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 21, 2026 at 5:25 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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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