0 S Director & 48th Avenue S · Seattle, WA 98118
Source: NWMLS · AgencyOne · Charla Oliver #NWM2330431
About this home
Rare Development Opportunity in Rainier Beach! First time on the market in 26 years, this 6-lot assembly spans over half an acre and is one of the last multi-lot development sites in this rapidly growing community. Zoned LR2 (M), allowing for a variety of multifamily housing types, including townhomes, row houses, and apartments. Infrastructure is already in place with water meter boxes set and three sewer stubs ready for easy city connection. The property is conveniently located just blocks from Lake Washington, light rail, shopping, and Kubota Garden, with quick access to I-5. New fencing included. Don’t miss this prime investment opportunity in one of Seattle’s most promising neighborhoods!
Location
Basics
- Property type
- Land
- Style
- Multi-Family
- Lot size
- 24,134 sq ft (0.55 acres)
- County
- King
- MLS #
- NWM2330431
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Lot features
- Corner Lot, Paved
- Topography
- Level
- View
- Territorial
- Waterfront
- No
Utilities
- Water
- In Street, On Property
- Sewer
- Available, On Property
- Utilities
- Electricity Available, Natural Gas Available
Community & fees
- Subdivision
- Rainier Beach
- Property tax
- $10,511 (2024)
Transaction
- Original list price
- $1,398,000 (31% price cut)
- Listed on
- Feb 7, 2025
- Days on market
- 495
- Listing terms
- Cash
- Possession
- Closing
More homes nearby
Schools
School district: Seattle
- Elementary
- Buyer To Verify
- Middle
- Aki Kurose
- High
- Rainier Beach High SchoolSchoolDigger 1 star · Top 79% in WA
Listing provided courtesy of: AgencyOne
Listing agent: Charla Oliver.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-20.