4519 S Henderson Street, Seattle, WA 98118 (MLS # 2454040)
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Listing provided courtesy of Northwest MLS; FIRST AND MAIN
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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.
| LAST UPDATED | 5/16/2026 | TRACT | Rainier Beach |
|---|---|---|---|
| YEAR BUILT | 1917 | COMMUNITY | Rainier Beach |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| PRICE HISTORY | |
| Prior to May 16, '26 | $1,100,000 |
|---|---|
| May 16, '26 - Today | $799,999 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater, Water Heater |
| AREA | 380 - Southeast Seattle |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Garden |
| HEAT | Electric, Forced Air, Natural Gas |
| INTERIOR | Water Heater |
| LOT | 0.3341 acre(s) |
| LOT DESCRIPTION | Value In Land |
| MLS STATUS | Active |
| PARKING | Off Street, RV Access/Parking |
| STORIES | 2 |
| STYLE | 18 - 2 Stories w/Bsmnt |
| SUBDIVISION | Rainier Beach |
| TAXES | 7287 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/22/26 8:34 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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