Rainier Valley Homes with Conventional Terms

Rainier Valley Homes with Conventional Terms

Welcome to Rainier Valley, a vibrant neighborhood located in the heart of Seattle, Washington. This diverse community in King County offers a unique blend of urban amenities and natural beauty, making it a sought-after location for homebuyers.

Homes in Rainier Valley come with conventional terms, making it easier for buyers to secure financing and make their homeownership dreams a reality. Whether you're looking for a cozy bungalow, a modern townhouse, or a spacious single-family home, you'll find a variety of options to choose from in this neighborhood.

Living in Rainier Valley means enjoying easy access to a wide range of amenities, including parks, restaurants, shops, and entertainment venues. The neighborhood is known for its strong sense of community, with residents coming together for local events and activities throughout the year.

With its convenient location and welcoming atmosphere, Rainier Valley is the perfect place to call home. Whether you're a first-time buyer, a growing family, or someone looking to downsize, this neighborhood has something for everyone. Explore the homes available in Rainier Valley today and discover the perfect place to put down roots in Seattle.

Newest Rainier Valley Homes with Conventional Terms

$719,000
3 Beds ⋅ 2 Baths ⋅ 2566172 MLS ⋅ ACTIVE Status
This townhome is a bit of a unicorn with its rare features, and it’s even better in person. Tucked back from the street for quiet and privacy, as you enter, your eye is immediately drawn across the wide living area to the generous windows, the view to the splendid backyard oasis, and spectacular hydrangeas. With a very small connection point to the neighboring unit, it lives like a single-family home, with windows on each side of the home on every living level. The open main floor is spacious and designed for seamless lounging, dining, cooking, and entertaining. There is an effortless flow to the yard with its paver patio, composite deck, and lush low-maintenance turf. The deep entry closet wraps under the stairs for bonus storage. The second floor features a versatile media room, two well-sized bedrooms, and a full bath. Retreat to the third-floor primary suite, complete with a walk-in closet, en suite bath with a double vanity and walk-in shower. Top it off with a generous rooftop deck with high walls for privacy and sweeping territorial views. At night, you will see the city lights sparkle in the distance. The Light Rail station is just a 5-minute walk, and Mount Baker Transit Center, with 7 different bus lines, is only a 7- minute walk, making commutes a breeze and limiting the need for a car. The neighborhood has great walkability to parks and the lake. This home was built by Green Canopy with energy-saving systems and earth-friendly materials for added peace of mind.

3128 Wetmore Avenue S Unit #A, Seattle

Listing courtesy of Ensemble.

$650,000
2566210 MLS ⋅ ACTIVE Status
Are you a builder searching for a rare, oversized Seattle development site with a home that's far more than just functional? Rent the house while waiting for permits? Perched above the street, this unique property opens to a relatively level setting with thoughtfully curated seating areas, winding private trails, and an exceptional sense of privacy among mature landscaping. This charming, air-conditioned rambler offers two spacious bedrooms and a full bath. French doors from the kitchen open to an expansive 500-square-foot deck overlooking a beautiful stone fire pit and sitting area—both plumbed for natural gas, making outdoor entertaining effortless year-round. Mini-splits and Tankless Water Heater

10747 56th Avenue S, Seattle

Listing courtesy of Portico Real Estate.

$539,990
2 Beds ⋅ 2 Baths ⋅ 2564751 MLS ⋅ ACTIVE Status
Well-maintained modern townhome (not a condo) with no HOA, featuring contemporary architecture, a spacious layout, and a prime yet quiet location. Soaring windows fill the home with abundant natural light. Beautiful hardwood flooring throughout, with tile flooring in the bathrooms. The open-concept kitchen features stainless steel appliances, modern finishes, and ample cabinetry. The primary suite offers a heated bathroom floor and a Juliet balcony. Designer touches and energy-efficient features create a comfortable, stylish living space. Two ductless heat pump mini-splits provide efficient heating and cooling year-round. With many newer Seattle homes moving toward all-electric systems, this home offers the added convenience of a gas tankless water heater and gas range. Plenty of storage and a fully fenced backyard complete the home. Ideally located within walking distance of the Mount Baker light rail station, this eight-unit community has no HOA. Close to dining, shopping, parks, public schools, and other amenities, with easy access to Downtown Seattle and the Eastside. An excellent opportunity for first-time home buyers or investors. The home was previously leased as a long-term rental for $2,749/month and offers excellent rental potential. All existing furniture (different from that shown in the photos) is included at no additional cost. Truly move-in ready!

3307 Wetmore Avenue S Unit #B, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$650,000
2 Beds ⋅ 1 Baths ⋅ 2566119 MLS ⋅ ACTIVE Status
Do you dream of single-level living surrounded by your own private 16,000-square-foot arboretum? Or are you a builder searching for a rare, oversized Seattle development site with a home that's far more than just functional? Lot is aproximately 87x184. Perched above the street, this unique property opens to a relatively level setting with thoughtfully curated seating areas, winding private trails, and an exceptional sense of privacy among mature landscaping. This charming, air-conditioned rambler offers two spacious bedrooms and a full bath. French doors from the kitchen open to an expansive 500-square-foot deck overlooking a beautiful stone fire pit and sitting area—both plumbed for natural gas, making outdoor entertaining effortless year-round. Mini-splits and Tankless Water Heater Host friends on your private deck, gather around the fire as the sun sets, then take an evening stroll through the trails of your own backyard retreat. This isn't just a home—it's your own private escape in the heart of Seattle.

10747 56th Avenue S, Seattle

Listing courtesy of Portico Real Estate.

$588,000
3 Beds ⋅ 2 Baths ⋅ 2564451 MLS ⋅ ACTIVE Status
Welcome to this beautifully updated 3 bedroom, 2 bathroom home that perfectly blends classic charm with modern touches. Thoughtfully renovated throughout, this move-in ready home features stylish finishes, a functional floor plan, and comfortable living spaces designed for today's lifestyle. The spacious unfinished basement offers endless potential for additional living space, a home gym, workshop, storage, or future expansion. Situated on a generous and private lot with convenient access to parks, shopping, schools, and major commuter routes, this home provides the perfect balance of comfort, flexibility, and location.

5807 S Leo Street, Seattle

Listing courtesy of COMPASS.

$749,950
3 Beds ⋅ 2 Baths ⋅ 2565141 MLS ⋅ ACTIVE Status
A timeless home with exceptional potential in Seattle's coveted Mt. Baker neighborhood. This nostalgic 3-bedroom, 2-bathroom 1-story home features a partially finished basement with the opportunity to create a 4th bedroom or bonus room and the perfect canvas to create your dream home. Featuring original hardwood floors, updated windows, timeless character, and exceptional curb appeal with mature landscaping, this home is ready for your vision. With a bathroom on each floor, the basement provides a utility room, flexible living space that can be expanded or reimagined for multigenerational living or rental income. This desirable corner lot also includes city-approved DADU plans, creating an incredible opportunity to convert the existing garage into a Detached Accessory Dwelling Unit for multigenerational living, guests, or additional rental income. In addition to the garage, the property offers designated on-site parking and ample off-street parking for guests. A commuter's delight, conveniently located just minutes from Downtown Seattle, Light Rail, Sounder, major freeways, parks, restaurants, and everyday amenities. Affordable financing solutions, including low down payment options, are available through our preferred lender—making it even easier to bring your renovation or DADU vision to life. Whether you're envisioning your forever home, multigenerational living, or an income-producing investment, this Mt. Baker property offers endless possibilities.

2016 30th Avenue S, Seattle

Listing courtesy of KW Greater Seattle.

$675,000
4 Beds ⋅ 2 Baths ⋅ 2565870 MLS ⋅ ACTIVE Status
Discover the endless possibilities with this rare investment opportunity! Situated on a spacious, level 11,400 sq. ft. lot, this rambler features 4 bedrooms and 2 bathrooms, including a primary suite with a walk-in closet. Skylights fill the home with abundant natural light, creating a bright and inviting atmosphere. Enjoy a new roof for added peace of mind and a generous deck that's perfect for entertaining. The expansive backyard is adorned with mature fruit trees and offers incredible potential for ADU development (buyer to verify), making this an investor's dream or an ideal property for multigenerational living. Ample parking includes dedicated RV and boat parking. Opportunities like this are hard to find—don't miss your chance to own this exceptional property! SOLD AS IS.

5712 S Augusta Street, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,399,995
4 Beds ⋅ 2 Baths ⋅ 2564729 MLS ⋅ ACTIVE Status
First time on the market in more than 40 years, this 1919 Seattle classic presents a rare opportunity in the beloved Mount Baker neighborhood. Set on S Dose Terrace with beautiful views of Lake Washington and Mount Rainier, the home offers 3,280 sq ft of living space, 4 bedrooms, and 2 baths, along with gracious formal rooms that reflect its historic character. The large living room and dining room provide an inviting setting for everyday living, holidays, and entertaining, while original charm and generous proportions give the home a wonderful sense of presence. Move-in ready as-is, the home has not been significantly updated in approximately 30 years, creating an excellent canvas for a new owner to refresh, restore, and personalize over time. The lower level adds valuable flexibility with a rec room/flex space previously used as a guest room, abundant storage, and a dedicated area long enjoyed as a wine cellar. A detached garage offers convenience, and the patio above it creates a unique outdoor retreat for dining, relaxing, or taking in the view. Located in one of Seattle’s most sought-after historic neighborhoods, close to parks, leafy streets, and highly walkable surroundings, this special property is ready for its next chapter. Bring your vision and make this cherished home shine for generations to come.

3116 S Dose Terrace, Seattle

Listing courtesy of John L Scott Madrona Group.

$999,500
2564997 MLS ⋅ ACTIVE Status
Exceptional opportunity to own a commercial property in Seattle’s highly sought-after Rainier Valley. SELLER FINANCING available with flexible Terms. Value in the Land and cashflow. Situated on a prominent corner lot, this 708 SF commercial building sits on a 5,393 SF parcel zoned NC2-55(M), offering excellent long-term investment and redevelopment potential (buyer to verify permitted uses with the City of Seattle). The property is currently occupied by three tenants on short-term leases, generating approximately $4,200 per month in gross rental income, Tenants pay utilities, making it an attractive option for investors seeking immediate cash flow while exploring future redevelopment opportunities. Conveniently located along a busy commercial corridor with strong visibility and access. Please do not disturb tenants. Signage on Building. Showings by appointment only.

8300 Wabash Ave S, Seattle

Listing courtesy of KW Mountains to Sound Realty.

$877,500
4 Beds ⋅ 2 Baths ⋅ 2563787 MLS ⋅ ACTIVE Status
Rare turn-key investment opportunity in Hillman City, Seattle! 4 BD / 2 BA property featuring a main-level 2 BD / 1 BA home plus a legal, fully permitted 2 BD / 1 BA basement ADU. Fully renovated top-to-bottom with modern finishes, abundant parking, & spacious fully fenced yards. Thoughtful upgrades include quartz counters & stainless steel appliances, mini split heating + A/C in living rooms, & RV Parking. Both units are currently occupied by great tenants. The home is sited on an oversized 60' x 127' (7,620 sqft) flat lot with back alley access. Huge upside for developers & investors in a prime Hillman City location minutes to Light Rail, Columbia City dining, Seward Park & Lake Washington, and a short commute to Downtown or Bellevue. Investors - consider reclassifying existing units as ADUs & building a new standalone SFH or DADUs in back, or leverage transit corridor zoning for up to 6 units - reach out to helpful listing agent for more info.

4424 S Holly Street, Seattle

Listing courtesy of COMPASS.

$725,000
2 Beds ⋅ 2 Baths ⋅ 2559661 MLS ⋅ ACTIVE Status
FINAL 2 HOMES REMAIN!! Introducing 8|GRAND, a new collection of 2-bedroom homes by Ruffhouse Development. Bold, efficient split-bedroom layout with clean lines, contemporary finishes, premium appliances including washer/dryer, and energy-efficient systems like recessed zoned heat & A/C. On a hillside along a dead-end street, each 3-story home opens to 2nd floor main living spaces; select homes enjoy EV-ready off-street parking. Less than a block from Amy Yee Tennis Center & Coleman Park, with easy access to I-90 and the future Judkin Park LINK light rail station, just ½ mile away.

1804 28th Avenue S, Seattle

Listing courtesy of Windermere Real Estate Midtown.

$1,000,000
2563968 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a Seattle development site with an advanced permit package for 8 modern townhomes. The project includes plans for two 4-unit buildings with a future unit lot subdivision, offering a significant head start for builders and developers. Extensive architectural, civil, structural, landscape, and utility work has already been completed, with an issued demolition permit and development documents available for buyer review. Located in the desirable Mount Baker neighborhood, just minutes from Light Rail, Downtown Seattle, Lake Washington, parks, restaurants, and major commuter routes. Existing home is sold as-is. Buyer to verify all plans, permits, approvals, unit count, and development potential to their own satisfaction.

3632 36th Avenue S, Seattle

Listing courtesy of John L. Scott, Inc.

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