Permitted 106-Unit Multifamily
For Sale
Contact for pricing
3235 Rainier Ave S, Seattle, WA 98144
Shovel-ready, fully permitted multifamily development site with an 8-story design and included street-level commercial unit.
Property SizeContact for details
Days on Market134
Property Features for 3235 Rainier Ave S
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
NAI Puget Sound Properties
(206) 660-8768
Listed By:
Wyk Parker · License #WA 873009985
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Apr 12 at 4:08AM
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 NAI Puget Sound Properties
Investment Insights
Based on property information with market context.
This fully permitted, designed 106-unit multifamily development site is shovel ready for construction, with site graded and free of existing structures. The project is planned as an 8-story building starting at grade and includes 20 parking stalls, as well as two outdoor private tenant amenity areas. The unit mix is 63 studios, 16 open 1-bed units, 21 1-bed units, and 6 2-bed units, plus one 3,174 RSF street-level commercial unit. Units are designed with in-unit washer/dryer and kitchens.
The site is positioned approximately three blocks south of the Mount Baker Light Rail Station and within the Mount Baker Light Rail overlay and Hub Urban Village context, supported by SM-NR-85 zoning per the provided materials.
The offering includes a fully permitted plan for a total building area of 88,104 SF and a site area of 14,409 SF, with construction planned at grade with a partial parking level entering from an alley as described in the remarks.
The site is positioned approximately three blocks south of the Mount Baker Light Rail Station and within the Mount Baker Light Rail overlay and Hub Urban Village context, supported by SM-NR-85 zoning per the provided materials.
The offering includes a fully permitted plan for a total building area of 88,104 SF and a site area of 14,409 SF, with construction planned at grade with a partial parking level entering from an alley as described in the remarks.
Key Highlights
- Fully permitted and designed multifamily development site for 3235 Rainier, planned as a 106‑unit project
- Shovel‑ready for construction as of March 2022, with permit issued and site graded/free of structures
- Planned 8‑story design starting at grade with 88,104 SF total building area
Property Analytics
Property Profile
Current Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Shovel-ready, fully permitted multifamily development site with an 8-story design and included street-level commercial unit.
Where is this residential land & home lot located?
The property is located at 3235 Rainier Ave S Seattle, WA.
What are key features of this property?
This property features: Fully permitted and designed multifamily development site for 3235 Rainier, planned as a 106‑unit project; Shovel‑ready for construction as of March 2022, with permit issued and site graded/free of structures; Planned 8‑story design starting at grade with 88,104 SF total building area
