4803 S Henderson Street, Seattle, WA 98118

Seattle
Local realty services provided by:Tucker Realty ERA Powered
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:September 18, 2026 at 11:32 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
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