4803 S Henderson Street, Seattle, WA 98118

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: nick hemming
Office: paragon real estate advisors
MLS#:2563789
Source:NWMLS
4803 S Henderson Street,Seattle, WA 98118
$5,800,000
  • - Beds
  • - Baths
  • 25,104 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$5,800,000
  • Price per sq. ft.:$231.04

About this home

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...

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Home facts

  • Year built:1962
  • Subdivision & Development:Rainier Beach
  • Listing ID #:2563789
  • Updated:August 13, 2026 at 11:47 AM

Rooms and interior

  • Flooring:Laminate
  • Living area:25,104 sq. ft.

Structure and exterior

  • Roof:Flat Roof
  • Year built:1962
  • Building area:25,104 sq. ft.
  • Lot area:0.76 Acres
  • Construction Materials:Brick Exterior Finish

Utilities

  • Water:Public
  • Sewer:Available

Finances and disclosures

  • Price:$5,800,000
  • Price per sq. ft.:$231.04
  • Tax amount:$89,417 (2026)

Parking

  • Total parking spaces:39
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 13, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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