Bought with: Keller Williams Eastside
$900,000
$965,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
0 S Director & 48th AVE S Seattle, WA 98118
0.55 Acres Lot
Key Details
Sold Price $900,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Rainier Beach
MLS Listing ID 2330431
Sold Date 10/05/26
Style 42 - Multi-Family
Annual Tax Amount $10,511
Lot Size 0.554 Acres
Property Sub-Type Land
Property Description
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
State WA
County King
Area 380 - Southeast Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Corner Lot, Paved
Sewer Available, On Property
Water In Street, On Property
Schools
Elementary Schools Buyer To Verify
Middle Schools Aki Kurose
High Schools Rainier Beach High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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