4803 S Henderson St, Seattle, WA 98118

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:vladimir grigoriev
Office:exp realty
MLS#:2413984
Source:NWMLS
4803 S Henderson St,Seattle, WA 98118
$5,700,000
  • - Beds
  • - Baths
  • 25,104 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$5,700,000
  • Price per sq. ft.:$227.06

About this home

Prime 39-unit apt building in a high-demand Seattle submarket, just blocks from light rail and minutes to Boeing, the Port of Seattle, and Downtown. This stabilized asset provides immediate cash flow with significant upside through value-add potential. The property features 33 one bed and 6 two-bed units across three levels. 15 units updated (3 in 2024), achieving rent premiums of ~$400/month. 24 units remain in original condition—ideal for renovation. Additional income potential from building out studio units ($79K+/yr), paid parking, coin-op laundry, and rentable storage.Electrical-24 panels updated in 2010.Plumbing-18 units updated in 2010. Windows replaced in 2000.Stucco and roof updated in 2010.Call the listing agent with any questions

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Home facts

  • Year built:1962
  • Listing ID #:2413984
  • Updated:September 26, 2025 at 12:23 AM

Rooms and interior

  • Living area:25,104 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1962
  • Building area:25,104 sq. ft.
  • Lot area:0.76 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$5,700,000
  • Price per sq. ft.:$227.06
  • Tax amount:$73,394 (2025)
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