4519 S Henderson Street

Seattle, WA
$ 799,999 Beds 3 Baths 3.5 Sq 2,460
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 799,999
  • City
  • Seattle
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • KING
  • Half Bathrooms
  • 1
  • Area
  • Southeast Seattle
  • Lot Size
  • 0.3341 Acres
  • Zip
  • 98118
  • Sqr Footage
  • 2,460
  • Year Built
  • 1917
  • Taxes
  • $ 7287
  • Style
  • 2 Stories w/Bsmnt
  • MLS#
  • 2454040
Listed By: FIRST AND MAIN and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 2460
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Security Features Partially Fenced
Year Built 1917
View Lake,Partial
Topography Partial Slope
Levels Two
Property Subtype Single Family Residence
Tax Year 2023
Building Name Dunlaps Half Acre Tracts
County King
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Rainier Beach
Full Baths 2
Special Listing Conditions None
Status Active
Directions From Rainier Ave S turn W onto Henderson Street. Property on Left.
High School Buyer To Verify
City Seattle
Senior Community Y/N No
High School District Seattle
MLS Area 380 - Southeast Seattle
Lot Size Units Square Feet
Lot Size Square Feet 14555
Carport Y/N No
Listing Terms Cash,Conventional,FHA,Owner Will Carry
Elementary School Buyer To Verify
Land Lease Y/N No
Tax Annual Amount 7287
Middle/Junior High School Buyer To Verify
Public Remarks Rare development opportunity in the heart of Seattles rapidly growing Rainier Beach neighborhood. This 14,555 SF parcel is zoned MHA LR3 + SM-RB 85 in a HALA opportunity area,offering strong redevelo
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Seattle
Property Style 18 - 2 Stories w/Bsmnt
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Water Heater
Basement Finished
Flooring Hardwood,Carpet
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Half Baths 1
3/4 Baths 1
Total Bedrooms 3
Total Baths 4
Water Heater Type Gas
Power Production Type Electric,Natural Gas
Baths Three Quarter Garage 1
Bedrooms Lower 3
Baths Half Main 1
Baths Full Main 1
Baths Full Garage 1
Bathrooms 3.25

Exterior Features

Exterior Amenities Wood
Vegetation Brush,Garden Space
Parking Features Off Street,RV Parking
Lot Features Value In Land
Water Source Public
Foundation Details Poured Concrete
Building Area Total 2460
Lot Size Acres 0.3341
Waterfront Y/N No
Irrigation Water Rights Y/N No
Site Features Fenced-Partially,Outbuildings,RV Parking
Lot Number 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School
High School Buyer To Verify High School

Price History

11/11/2025 Listed $1,100,000
5/17/2026 28% - $799,999

Property vs Zip Code Average in 98118

Price
AVG $810K
$800K
Taxes
AVG $6,497
$7,287
Year Built
AVG 1977
1917
Visits
AVG 248
1072
Data Provided by Inside Real Estate®

Areas That We Cover

4519 S Henderson Street Seattle, WA is a Single Family Home for sale at $799999 with 2460 sqft and a lot size of 0.3341 Acres Acre(s). 4519 S Henderson Street Seattle has 3 bedrooms, 3 baths and was built in 1917. The property's zip code is 98118 which is in Seattle, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.