Property Details
4519 S Henderson Street
Seattle, WA 98118
$799,999
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About This Home
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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
Rainier Beach
Listed
Nov 11, 2025
Original Price
$1,100,000
Structure Type
House
Parcel Number
2122700045
Tax & HOA
Annual Property Tax
$7,287 (2023)
Est. Monthly Tax
$607/mo
Interior Features
Bedrooms
3
Bathrooms
3.3
Half Baths
1
Living Area
2,460 sq ft
Basement
Finished
Interior Features
Water Heater
Exterior & Lot
Lot Size
0.33 sqft
Year Built
1917
Exterior Materials
Wood
Parking
Off Street, RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Value In Land
Exterior Features
Wood
Community & Access
Directions
From Rainier Ave S turn W onto Henderson Street. Property on Left.
Location
City
Seattle
County
King
Coordinates
47.52292, -122.27562
Schools
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Additional Information
Tax Year
2023
Annual Taxes
$7,287
Possession
Array
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of June 1, 2026 11:08 AM. 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 is 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. Copyright 2026 NWMLS. All rights reserved.
IDX information is 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. Copyright 2026 NWMLS. All rights reserved.
