Rainier Beach Homes with 56 - 10+ Units Style

Welcome to Rainier Beach, a vibrant neighborhood nestled in the heart of Seattle, Washington. Known for its diverse community and stunning natural landscapes, Rainier Beach offers a unique blend of urban living and suburban charm. With the majestic Mount Rainier as a backdrop and the shimmering waters of Lake Washington nearby, residents enjoy a picturesque setting that’s hard to beat.

Rainier Beach is characterized by its welcoming atmosphere and rich cultural tapestry, making it an inviting place for families, young professionals, and retirees alike. The neighborhood boasts a variety of parks, including the expansive Rainier Beach Park, which features sports facilities, picnic areas, and beautiful walking trails. The local community center serves as a hub for recreational activities, offering programs for all ages.

When it comes to real estate, Rainier Beach stands out with its impressive selection of homes, particularly those with 56 to 10+ units. These multi-family properties provide an excellent opportunity for investors and homeowners seeking to capitalize on the thriving rental market. With a mix of well-maintained buildings and new developments, you’ll find a range of options that cater to different lifestyles and budgets.

The neighborhood is also conveniently located near public transportation, making it easy to access downtown Seattle and other key areas of the city. With its blend of community spirit, outdoor beauty, and investment potential, Rainier Beach is not just a place to live, but a place to thrive. Come explore the possibilities and discover your perfect home in this dynamic Seattle neighborhood!

Newest Rainier Beach Homes with 56 - 10+ Units Style

$5,800,000

2563789 MLS ⋅ ACTIVE Status

Henderson Arms Apartments, a value-add multifamily property located in the Rainier Beach neighborhood of Seattle’s Rainier Valley submarket. The property presents a compelling opportunity for investors seeking stable in-place income, value-add upside, and long-term ownership in a high demand and supply-constrained rental corridor. Henderson Arms Apartments is comprised of a desirable mix of 33-1bed/1bath and 6-2bed/1bth units. The units consist of a blend of updated and classic finishes, offering immediate rental appeal with clear upside through strategic renovations. Building features include double-pane windows, secured entry, private balconies, ample storage and common-area laundry facilities. The property also presents the potential for additional unit development with a largely unutilized full height basement, providing an attractive path to increase density and future income. Off-street parking and a well-maintained residential setting further enhance tenant appeal and retention. Situated in a strong Seattle rental market, Henderson Arms benefits from convenient access to major transit routes, neighborhood retail, parks, and employment centers throughout Downtown Seattle, Columbia City, and the broader I-5 corridor. The surrounding area continues to experience steady renter demand driven by affordability constraints and proximity to regional job hubs

4803 S Henderson Street, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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