Vested Pre-MHA Development
For Sale
Contact for pricing
3421 Rainier Ave S, Seattle, WA 98144
Vested pre-MHA development site with permits issued for 69 SEDUs, four live/work units, and 575 SF commercial space.
Property Size7,200 SF
Days on Market123
Property Features for 3421 Rainier Ave S
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Land
Additional Details
Highway Access
Yes
Multifamily Units
73
Listing Agency:
Berkadia
Listed By:
Chad Blenz · License #WA 125100
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 6:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia
Investment Insights
Based on property information with market context.
Baker Heights is a vested pre-MHA development site totaling 7,200 square feet. Permits were issued in early 2023 for 69 SEDUs plus four live/work units, along with an additional 575 SF of commercial space.
The property is located southeast of downtown Seattle in the Mount Baker neighborhood at 3421 Rainier Ave S. It is less than two miles from both Interstate 5 and Interstate 90, and is described as a transit-oriented site with a 10-minute walk to the Mount Baker Light Rail Station. The site is also identified as a Walk Score 90 location.
For additional information and access to plan sets, please refer to the Document Center noted in the broker remarks.
The property is located southeast of downtown Seattle in the Mount Baker neighborhood at 3421 Rainier Ave S. It is less than two miles from both Interstate 5 and Interstate 90, and is described as a transit-oriented site with a 10-minute walk to the Mount Baker Light Rail Station. The site is also identified as a Walk Score 90 location.
For additional information and access to plan sets, please refer to the Document Center noted in the broker remarks.
Key Highlights
- 7,200 SF vested pre‑MHA development site in Seattle’s Mount Baker neighborhood, southeast of downtown Seattle
- Permits issued in early 2023 for 69 SEDUs plus 4 live/work units
- Includes an additional 575 SF of commercial space within the permitted project
Property Analytics
Property Profile
Current Use
Lease Details
73
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
Explore this area
Business Placement
Demographics for 98144, WA
32,178
Population
16,381
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
9,464
Density / Sq Mi
$94,051
Median Household Income
$65,078
Median Earnings
$1,805
Median Rent
$890,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vested pre-MHA development site with permits issued for 69 SEDUs, four live/work units, and 575 SF commercial space.
Where is this residential land & home lot located?
The property is located at 3421 Rainier Ave S Seattle, WA.
What are key features of this property?
This property features: 7,200 SF vested pre‑MHA development site in Seattle’s Mount Baker neighborhood, southeast of downtown Seattle; Permits issued in early 2023 for 69 SEDUs plus 4 live/work units; Includes an additional 575 SF of commercial space within the permitted project
