4803 South Henderson Street
Seattle, WA 98118
$6,997,000
Price
45
Beds
39
Baths
30,891 Sq. Ft.
$227 / Sq. Ft.
30,891
Sq. Ft.
$227
per Sq. Ft.
Listing provided courtesy of eXp Realty
Description
Well-established,income-producing pr-ty offers a unique opportunity to acquire a 39-unit 3-story bldg with basement. Perfect for 1031 Exchange. Located blocks from Rail Station,Bus,Lake WA, Easy access to Airport,Boeing,Port of Seattle,DT Seattle,shop-g, dining, incl The Landing, Southc-r Mall. Walking distace to schools. New owner can get additl income thr-gh parking, coin-op lndr, and storage units. Rents are under market with long-term tenants. Basement has the potential for value add and converting...Well-established,income-producing pr-ty offers a unique opportunity to acquire a 39-unit 3-story bldg with basement. Perfect for 1031 Exchange. Located blocks from Rail Station,Bus,Lake WA, Easy access to Airport,Boeing,Port of Seattle,DT Seattle,shop-g, dining, incl The Landing, Southc-r Mall. Walking distace to schools. New owner can get additl income thr-gh parking, coin-op lndr, and storage units. Rents are under market with long-term tenants. Basement has the potential for value add and converting some of the spaces into studios to increase income and property's value. Unbeatable location and consistent demand from renters, this pr-ty is a rare find for multi-family inv-r looking to expand their portfolios with a highly sought-after asset.
- Listed by Vladimir Grigoriev • eXp Realty
Property Details for 4803 South Henderson Street
Community Name
Rainier Beach
School DistrictSeattle
ViewTerritorial
Number of Assigned Spaces39
Total Covered Parking0
Entry Date09-20-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/14/2024 01:32 PM
Property Details for 4803 South Henderson Street
| Status | Active |
|---|---|
| MLS # | 2291733 |
| Days on Market | 65 |
| Cumulative Days on Market | 65 |
| Taxes | $79,646 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1962 |
| Lot Size | 0.76 AC / 33,000 SF |
| County | King County |
Building Information for 4803 South Henderson Street
Stories3Residences39Year Built1962Building Size-Lot Size0.76 AC / 33,000 SF
Property Information for 4803 South Henderson Street
Summary
Location and General Information
- Style: 56 - 10+ Units
- Site Features: Dock, Fenced-Partially
- Area: 380 - Southeast Seattle
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: From Rainier Ave South, head west on Henderson Street. The property will be on your left.
- Leased Items: Washer/Dryer
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 39.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Vinyl, Carpet
- Features: Wall to Wall Carpet
- Amenities: Basement,Coin Op Laundry,Storage
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Cement/Concrete
- Roof: Flat
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 54000
- Power Company: Seattle City Light
- Sewer Company: Seattle
- Water Company: Seattle
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Commercial
- Construction Methods: Steel & Concrete
- Possible Use: Commercial
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1995
- Photos Count: 21
Lot Information
- Lot Details: Alley, Paved
- Lot Size Source: Realist
- Parcel Number Free Text: 2123700355
- Building Condition: Good
- Calculated Square Footage: 30891
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 30891.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 39
- Number of Stories in Building: 3
- Vacancy Rate: 0
- Number Of Units Total: 39
- Units Below Grade: false
- Units In Building Total: 39
Financing / Income and Expenses
- Electric Expense: $4,320
- Total Expenses: 184166.06
- Gross Adjusted Income: 564720
- Gross Rent Multiplier: 14
- Gross Scheduled Income: $564,720
- Insurance Expense: $42,000
- Net Operating Income: $380,554
- Other Expenses: $4,200
- Total Monthly Income: 47060
- Fuel Expense: $0
Unit 1
- Name Unit 1: 101
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 600
- Rent Unit 1: $1,100.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 102
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 800
- Rent Unit 2: $1,400.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 103
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 600
- Rent Unit 3: $1,200.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 104
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 600
- Rent Unit 4: $1,200.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 105
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: false
- Square Feet Unit 5: 600
- Rent Unit 5: $1,200.00
- Bedrooms Unit 5: 1
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 106
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: false
- Square Feet Unit 6: 600
- Rent Unit 6: $1,300.00
- Bedrooms Unit 6: 1
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 107
- Washer/Dryer Unit 7: false
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: false
- Square Feet Unit 7: 600
- Rent Unit 7: $1,100.00
- Bedrooms Unit 7: 1
- Fireplaces Unit 7: 0
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 108
- Washer/Dryer Unit 8: false
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: false
- Square Feet Unit 8: 600
- Rent Unit 8: $1,300.00
- Bedrooms Unit 8: 1
- Fireplaces Unit 8: 0
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 109
- Washer/Dryer Unit 9: false
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: false
- Square Feet Unit 9: 600
- Rent Unit 9: $1,200.00
- Bedrooms Unit 9: 1
- Fireplaces Unit 9: 0
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 110
- Washer/Dryer Unit 10: false
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Dishwasher Unit 10: false
- Square Feet Unit 10: 600
- Rent Unit 10: $1,100.00
- Bedrooms Unit 10: 1
- Fireplaces Unit 10: 0
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: 111
- Washer/Dryer Unit 11: false
- Range/Oven Unit 11: true
- Refrigerator Unit 11: true
- Dishwasher Unit 11: false
- Square Feet Unit 11: 600
- Rent Unit 11: $1,200.00
- Bedrooms Unit 11: 1
- Fireplaces Unit 11: 0
- Bathrooms Unit 11: 1
Unit 12
- Name Unit 12: 112
- Washer/Dryer Unit 12: false
- Range/Oven Unit 12: true
- Refrigerator Unit 12: true
- Dishwasher Unit 12: false
- Square Feet Unit 12: 800
- Rent Unit 12: $1,900.00
- Bedrooms Unit 12: 2
- Fireplaces Unit 12: 0
- Bathrooms Unit 12: 1
Unit 13
- Name Unit 13: 113
- Washer/Dryer Unit 13: false
- Range/Oven Unit 13: true
- Refrigerator Unit 13: true
- Dishwasher Unit 13: false
- Square Feet Unit 13: 600
- Rent Unit 13: $1,100.00
- Bedrooms Unit 13: 1
- Fireplaces Unit 13: 0
- Bathrooms Unit 13: 1
Unit 14
- Name Unit 14: 201
- Washer/Dryer Unit 14: false
- Range/Oven Unit 14: true
- Refrigerator Unit 14: true
- Dishwasher Unit 14: false
- Square Feet Unit 14: 600
- Rent Unit 14: $1,000.00
- Bedrooms Unit 14: 1
- Fireplaces Unit 14: 0
- Bathrooms Unit 14: 1
Unit 15
- Name Unit 15: 202
- Washer/Dryer Unit 15: false
- Range/Oven Unit 15: true
- Refrigerator Unit 15: true
- Dishwasher Unit 15: false
- Square Feet Unit 15: 800
- Rent Unit 15: $1,400.00
- Bedrooms Unit 15: 2
- Fireplaces Unit 15: 0
- Bathrooms Unit 15: 1
Unit 16
- Name Unit 16: 203
- Washer/Dryer Unit 16: false
- Range/Oven Unit 16: true
- Refrigerator Unit 16: true
- Dishwasher Unit 16: false
- Square Feet Unit 16: 600
- Rent Unit 16: $1,000.00
- Bedrooms Unit 16: 1
- Fireplaces Unit 16: 0
- Bathrooms Unit 16: 1
Unit 17
- Name Unit 17: 204
- Washer/Dryer Unit 17: false
- Range/Oven Unit 17: true
- Refrigerator Unit 17: true
- Dishwasher Unit 17: false
- Square Feet Unit 17: 600
- Rent Unit 17: $1,000.00
- Bedrooms Unit 17: 1
- Fireplaces Unit 17: 0
- Bathrooms Unit 17: 1
Unit 18
- Name Unit 18: 205
- Washer/Dryer Unit 18: false
- Range/Oven Unit 18: true
- Refrigerator Unit 18: true
- Dishwasher Unit 18: false
- Square Feet Unit 18: 600
- Rent Unit 18: $1,300.00
- Bedrooms Unit 18: 1
- Fireplaces Unit 18: 0
- Bathrooms Unit 18: 1
Unit 19
- Name Unit 19: 206
- Washer/Dryer Unit 19: false
- Range/Oven Unit 19: true
- Refrigerator Unit 19: true
- Dishwasher Unit 19: false
- Square Feet Unit 19: 600
- Rent Unit 19: $1,000.00
- Bedrooms Unit 19: 1
- Fireplaces Unit 19: 0
- Bathrooms Unit 19: 1
Unit 20
- Name Unit 20: 207
- Washer/Dryer Unit 20: false
- Range/Oven Unit 20: true
- Refrigerator Unit 20: true
- Dishwasher Unit 20: false
- Square Feet Unit 20: 600
- Rent Unit 20: $1,200.00
- Bedrooms Unit 20: 1
- Fireplaces Unit 20: 0
- Bathrooms Unit 20: 1
Unit 21
- Name Unit 21: 208
- Washer/Dryer Unit 21: false
- Range/Oven Unit 21: true
- Refrigerator Unit 21: true
- Dishwasher Unit 21: false
- Square Feet Unit 21: 600
- Rent Unit 21: $1,000.00
- Bedrooms Unit 21: 1
- Fireplaces Unit 21: 0
- Bathrooms Unit 21: 1
Unit 22
- Name Unit 22: 209
- Washer/Dryer Unit 22: false
- Range/Oven Unit 22: true
- Refrigerator Unit 22: true
- Dishwasher Unit 22: false
- Square Feet Unit 22: 600
- Rent Unit 22: $1,000.00
- Bedrooms Unit 22: 1
- Fireplaces Unit 22: 0
- Bathrooms Unit 22: 1
Unit 23
- Name Unit 23: 210
- Washer/Dryer Unit 23: false
- Range/Oven Unit 23: true
- Refrigerator Unit 23: true
- Dishwasher Unit 23: false
- Square Feet Unit 23: 600
- Rent Unit 23: $1,000.00
- Bedrooms Unit 23: 1
- Fireplaces Unit 23: 0
- Bathrooms Unit 23: 1
Unit 24
- Name Unit 24: 211
- Washer/Dryer Unit 24: false
- Range/Oven Unit 24: true
- Refrigerator Unit 24: true
- Dishwasher Unit 24: false
- Square Feet Unit 24: 600
- Rent Unit 24: $1,100.00
- Bedrooms Unit 24: 1
- Fireplaces Unit 24: 0
- Bathrooms Unit 24: 1
Unit 25
- Name Unit 25: 212
- Washer/Dryer Unit 25: false
- Range/Oven Unit 25: true
- Refrigerator Unit 25: true
- Dishwasher Unit 25: false
- Square Feet Unit 25: 800
- Rent Unit 25: $1,800.00
- Bedrooms Unit 25: 2
- Fireplaces Unit 25: 0
- Bathrooms Unit 25: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 30891.0
- Leasable Area Units: Square Feet
Property History for 4803 South Henderson Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4803 South Henderson Street
Taxable ValueLand$2,475,000Additions$5,621,000Total$8,096,000
Tax Record2022$71,962 ($5,997 / month)
Home Facts
Total Finished SqFt25,116 SqFtAbove Ground SqFt25,116 SqFtStories3Lot Size33,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated1995ZoningNC3-55 (M)CountyKINGAPN212370-0355
Schools near 4803 South Henderson Street
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Dunlap Elementary School PublicPK to 5 | ||
Aki Kurose Middle School Public6 to 8 | ||
Rainier Beach High School Public9 to 12 | ||
The New School At South Shore PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of eXp Realty
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
