0 S Director & 48th Avenue S Seattle, WA 98118
Sold
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Agencyone / Bought By: Jordan Thompson, Keller Williams Eastside / Windermere Real Estate Shoreline

  0 S Director & 48th Avenue S Seattle, WA 98118

Sold on 10/05/2026
$900,000 (USD)

Description

Rare Development Opportunity in Rainier Beach! First time on the market in 26 years, this 6-lot assembly spans over half an acre and is one of the last multi-lot development sites in this rapidly growing community. Zoned LR2 (M), allowing for a variety of multifamily housing types, including townhomes, row houses, and apartments. Infrastructure is already in place with water meter boxes set and three sewer stubs ready for easy city connection. The property is conveniently located just blocks from Lake Washington, light rail, shopping, and Kubota Garden, with quick access to I-5. New fencing included. Don’t miss this prime investment opportunity in one of Seattle’s most promising neighborhoods!

Sold Date:
10/05/2026
Taxes
$10,511(2024)
Lot Size
0.55 acres
Type
Land
Building Name
Dunlaps Plat on Lake Washington
Style
Multi-Family
Views
Territorial
School District
Seattle
County
King County
Community
Rainier Beach

Listed By

Charla Oliver, Agencyone
Tommy Quach, Windermere Real Estate Shoreline
Bought with
Jordan Thompson, Keller Williams Eastside
Source
Northwest MLS as distributed by MLS Grid
Last checked Oct 8 2026 at 1:00 PM PDT
Bathroom Details
Subdivision
  • Rainier Beach
Lot Information
  • Corner Lot
  • Paved
Property Features
  • Fireplace: 0
Utility Information
  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Available, On Property
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Aki Kurose
  • High School: Rainier Beach High

Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 11, 2026
Price Changed
$965,000
-12%
-$135,000
Mar 14, 2025
Price Changed
$1,100,000
-21%
-$298,000
Feb 07, 2025
Listed
$1,398,000
-
-
Additional Listing Info
  • Buyer Brokerage Compensation: 2
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Based on information submitted to the MLS GRID as of 10/8/2026 06:00. 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.