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 beauty, Rainier Beach offers a unique blend of urban living and suburban charm. This picturesque area is bordered by Lake Washington to the east, providing residents with breathtaking waterfront views and a plethora of recreational opportunities.

Rainier Beach is characterized by its rich cultural tapestry, featuring an array of local businesses, restaurants, and parks that reflect the neighborhood's vibrant heritage. Whether you're indulging in a delicious meal at one of the local eateries or enjoying a leisurely stroll along the shoreline, there’s always something to explore. The neighborhood is also home to several parks, including the expansive Rainier Beach Park, which boasts sports facilities, playgrounds, and access to the lake, making it a perfect spot for family outings and community events.

For those considering a home in Rainier Beach, the area offers a variety of housing options, particularly homes with 56 to 10+ units. These multi-family dwellings provide an excellent opportunity for investors and families alike, with spacious layouts and convenient access to public transportation, schools, and local amenities. Living in Rainier Beach means embracing a lifestyle that values community, nature, and accessibility.

With its welcoming atmosphere and rich opportunities for growth, Rainier Beach is not just a place to live; it’s a place to thrive. Come and discover the charm of this enchanting neighborhood, where every day offers a new adventure!

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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