Rainier Valley Homes with FHA Terms

Rainier Valley Homes with FHA Terms

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

Homes in Rainier Valley with FHA terms provide an excellent opportunity for buyers looking to make their homeownership dreams a reality. With FHA financing, buyers can benefit from lower down payments, flexible credit requirements, and competitive interest rates, making purchasing a home in this desirable neighborhood more accessible than ever.

Whether you're drawn to the tree-lined streets, local parks, or bustling shopping and dining options, Rainier Valley has something for everyone. Residents enjoy easy access to downtown Seattle, major highways, and public transportation, making commuting a breeze.

From historic bungalows to modern townhomes, the housing options in Rainier Valley are as diverse as the community itself. Whether you're a first-time homebuyer, growing family, or empty nester looking to downsize, there's a perfect home waiting for you in Rainier Valley.

Don't miss your chance to be a part of this thriving community. Explore the homes with FHA terms in Rainier Valley today and discover the perfect place to call home in Seattle, Washington.

Newest Rainier Valley Homes with FHA Terms

$775,000
3 Beds ⋅ 2 Baths ⋅ 2570511 MLS ⋅ ACTIVE Status
Located in Seattle's sought-after Mount Baker neighborhood just blocks away from the lightrail, this 1922 Craftsman blends original character with thoughtful updates. The main level showcases hardwood floors, crown molding, built-in shelving, skylights, and a classic fireplace, while the finished lower level offers flexible space for a home office, media room, or guest accommodations. The private backyard features multiple outdoor living areas surrounded by mature landscaping, creating room to relax or entertain. Recent improvements include a newer roof and solar panels installed in 2019 and ductless mini splits. Enjoy easy access to some of Seattle's favorite outdoor destinations, including Mount Baker Light Rail Station (0.3 miles), Mount Baker Park (1.1 miles), Lake Washington and Mount Baker Beach (approximately 1.1 miles), and I-90 (less than 1 mile). Columbia City's restaurants, cafés, and shopping are just about 2 miles away, making this central Seattle location an ideal combination of neighborhood charm and city convenience.

3218 S Byron Street, Seattle

Listing courtesy of Keller Williams Seattle Metro.

$745,000
3 Beds ⋅ 2 Baths ⋅ 2569476 MLS ⋅ ACTIVE Status
Classic 1930's charm meets impactful modern updates in this beautifully maintained Rainier Beach gem, tucked at the end of a dead-end street for the most perfectly peaceful location. Extensively updated for long-term ease & peace of mind, you can simply turn the key, move in & enjoy newer plumbing, electrical, insulation, paint, roof/gutters, flooring, appliances, windows & an efficient heat pump/mini-split system for both heat & A/C. Savor peekaboo views of the Cascade Mtns, Lake WA, downtown Bellevue's skyline and, on a clear day, majestic Mount Baker - all from the comfort of home! Built with the perfect floor plan for everyday functionality & easy hosting, w/ living/dining spaces flowing together effortlessly then into a sleek updated kitchen or out onto a newly restained deck, ready for end-of-summer BBQs & sunset happy hours. Thoughtfully laid-out w/ 3 bedrooms & 1.75 beautifully refreshed bathrooms. From the daylight basement, step out onto the sun-drenched patio overlooking the fully fenced yard w/ raised garden beds, a handy storage shed & antimicrobial turf lawn - low-maintenance & great for pets! An additional storage room can be found off the lower bathroom. Plenty of off-street parking, bus 107 at the end of the street, & the Chief Sealth trail right in your backyard! Conveniently close to the beloved Kubota Gardens, light rail, I-5, great restaurants & more. A rare blend of character, comfort, and smart investment in a fantastic neighborhood.

9744 49th Avenue S, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$829,000
4 Beds ⋅ 2 Baths ⋅ 2570690 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, but may be available for an owner-occupant in the future. 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.

$580,000
2 Beds ⋅ 1 Baths ⋅ 2570939 MLS ⋅ ACTIVE Status
Welcome to Hillman City, one of South Seattle’s most connected and vibrant neighborhoods. This inviting 2-bedroom, 1-bath w/ modern backyard studio offers the perfect blend of comfort and functionality. Inside, you’ll find a bright, livable layout designed for easy everyday living, complete with air conditioning to keep you cool during Seattle’s warm summer months. A brand-new roof (2026) adds peace of mind for years to come. Step outside and discover a true lifestyle bonus: a 130 sq ft studio (not included in the total sq ft) ideal as a private home office, creative studio, gym, or flexible bonus space. The fully fenced yard offers plenty of gardening space in both the front and back yard and a front patio to sip your morning coffee on. Two additional storage sheds give you ample space and a covered carport offers convenient off-street parking or the possibility of converting it to covered outdoor living space. With an impressive Walk Score of 84, this home puts you close to everything. You’re just half a mile from the shops, cafés, and acclaimed restaurants of both Hillman City and Columbia City. Enjoy easy commuting with nearby light rail and bus stops, and spend weekends exploring the scenic trails at the many nearby parks or enjoy the waterfront at Seward Park with just a short drive.

3912 S Findlay Street, Seattle

Listing courtesy of COMPASS.

$579,000
2 Beds ⋅ 3 Baths ⋅ 2569248 MLS ⋅ ACTIVE Status
Looking for a cozy, low-maintenance home conveniently located just 5 minutes from beautiful Seward Park? THIS IS FOR YOU! This inviting property offers the perfect blend of comfort, convenience, and flexibility, making it an excellent choice for a first-time buyer, downsizer, investor, or anyone looking for a home that is easy to maintain without sacrificing functionality. Featuring 2 bedrooms, each with its own private bathroom, plus an additional powder room for guests, this home offers a practical and desirable layout that provides privacy and convenience. The thoughtful floor plan makes everyday living easy while giving guests their own comfortable space when visiting. One of the greatest advantages of this home is its manageable footprint and low-maintenance lifestyle. A well-designed home like this allows you to spend less time worrying about upkeep and more time enjoying the things that matter. Whether you're someone looking to simplify or an investor seeking a property with strong rental potential, this home offers versatility that is hard to overlook. Outside, enjoy the benefits of a brand-new privacy fence, creating a more secluded and comfortable outdoor environment. The fenced space provides added privacy for relaxing, entertaining, gardening, or simply enjoying some fresh air.

6618 43rd Avenue S, Seattle

Listing courtesy of CENTURY 21 North Homes Realty.

$580,000
4 Beds ⋅ 1 Baths ⋅ 2568477 MLS ⋅ ACTIVE Status
Welcome to this charming 4-bedroom Lakeridge home offering 1,460 square feet of flexible living space. Hardwood floors add warmth to the main-level and bedrooms, while the refreshed kitchen, tile bathroom, and inviting fireplace blend comfort with character. A spacious addition off the kitchen provides the perfect setting for a dining room, family room, home office, or play area. Outside, enjoy a large, level yard with a patio and plenty of room for gardening, entertaining, or outdoor activities. The upper level offers a peekaboo view of Lake Washington and exciting potential to enhance the view in the future. Conveniently located with access to downtown Seattle, I-5, I-405, shopping, parks, and everyday amenities. A wonderful opportunity to make this versatile Seattle home your own.

11214 Cornell Avenue S, Seattle

Listing courtesy of Seattle Works Real Estate.

$349,900
2 Beds ⋅ 1 Baths ⋅ 2568696 MLS ⋅ ACTIVE Status
Welcome home to effortless, single-level living in this bright and inviting 2-bedroom, 1-bath condo. Tucked quietly off the main road yet close to everything, this ground-floor end unit offers easy level entry, no stairs, and accessibility features throughout. Large windows on three sides fill the home with natural light and give it a private, open feel. Inside, you’ll find a comfortable and flexible floor plan featuring quartz countertops, stainless steel appliances, tile and vinyl plank flooring, fresh paint, and a nicely sized dining area accented by wrapped molding. A pantry with shelving, abundant closet space, and an oversized walk-in closet in the second bedroom provide exceptional storage. Additional conveniences include smart-lock entry and a nearby garage with room for extra storage. Just blocks from Lake Washington and minutes from Columbia City, enjoy easy access to fantastic restaurants, local shops, light rail, multiple transit options, I-5, I-90, Georgetown, and SODO. A bright, spacious, and convenient Seattle home offering comfortable single-level living in an excellent location.

7322 Rainier Avenue S Unit #209, Seattle

Listing courtesy of 1% Lists Pacific Northwest.

$615,000
3 Beds ⋅ 2 Baths ⋅ 2564852 MLS ⋅ ACTIVE Status
Move-In Ready in the Heart of Rainier Valley Freshened from top to bottom and truly turnkey, this 3-bedroom, 1.75-bath home is ready to welcome you home. Enjoy fresh interior paint, professionally cleaned and re-stretched carpets, updated lighting and fixtures, sleek granite countertops, and a spotless deep clean throughout. The open, flowing layout is complemented by inviting curb appeal and a generous 5,450 sq ft lot. Looking toward the future? The spacious backyard offers excellent DADU/backyard-cottage potential—ideal for creating additional rental income or adding long-term investment value. Conveniently located minutes from light rail, parks, and the shops and dining of Columbia City, this is a fantastic opportunity to own a move-in-ready home with room to grow.

8414 47th Ave S, Seattle

Listing courtesy of Keller Williams Eastside.

$699,950
2 Beds ⋅ 3 Baths ⋅ 2567514 MLS ⋅ ACTIVE Status
Modern Single-Family Living in Hillman City with zero HOA, NO shared walls or driveway, plus your own fully fenced backyard and deck. Built in 2018, this move-in ready home offers a smart, low-maintenance lifestyle with 2 bedrooms, 2.25 baths, an upstairs office nook, and an attached garage with Tesla charger. Qualified buyers may be eligible for a *lender-PAID 1-0 temporary interest rate buydown*, saving hundreds of dollars per month during the first year. Ask a broker or our participating lender for program details and eligibility. Inside, the home feels bright and open with abundant natural light, contemporary finishes, and efficient heating and cooling via a heat pump and ductless A/C. The main level centers around a crisp white kitchen with quartz countertops, stainless steel appliances, abundant cabinetry, and a large island connecting the living and dining spaces. Step outside to your private outdoor space with room to relax, entertain, garden, or make it your own. Upstairs, both bedrooms feature vaulted ceilings, while the office nook creates an ideal work-from-home setup or flexible bonus space. Conveniently located near Hillman City, Columbia City, Seward Park, Lake Washington, and light rail, this home combines modern comfort and functionality with easy access to some of Seattle's favorite neighborhoods.

3928 S Findlay Street, Seattle

Listing courtesy of Windermere Real Estate/East.

$825,000
5 Beds ⋅ 3 Baths ⋅ 2566347 MLS ⋅ ACTIVE Status
Beautifully maintained 2008 home offering exceptional flexibility for today's lifestyle. Featuring 5 bedrooms, 3 baths, ample off-street parking, and a versatile ground-level living area with a second kitchen, this home is ideal for comfortable living while providing outstanding flexibility for multigenerational living, extended guests, or private living arrangements. The property also has a proven history as furnished housing for traveling healthcare professionals, creating an outstanding opportunity for buyers seeking supplemental income or a flexible investment strategy. Conveniently located with easy access to Sea-Tac Airport, Downtown Seattle, Renton, major medical centers, and employment hubs, it's well suited for furnished mid-term rentals, corporate housing, or relocating professionals. Move-in ready with a brand-new roof, modern construction, exceptional condition, and opportunities that are increasingly difficult to find in today's market, this home is designed to adapt to life's changing needs.

5145 S Augusta Street Unit #B, Seattle

Listing courtesy of Better Properties Kent LLC.

$1,258,000
4 Beds ⋅ 3 Baths ⋅ 2567223 MLS ⋅ ACTIVE Status
Rebuilt to the studs in 2025, this unique property offers two separate residences under one address with exceptional flexibility. Unit A is a 4-bedroom, 3-bath main residence featuring open-concept living, a chef’s kitchen, warm modern finishes, a private garage, and a deck off the main living area. Upstairs, a flexible loft is ideal for a home office, media room, or second lounge. Unit B is a self-contained 1-bedroom residence with its own private entry and living space—well suited for guests, extended household, or rental use. A separate vacant land condominium unit, Unit C, may also be available for purchase, offering additional future potential. Plans, permits, and condominium documents are available in the supplements. Conveniently located near Kubota Garden, Rainier Beach light rail, shopping, dining, and major commuter routes. A rare opportunity offering flexible living, multigenerational potential, and the option for additional income. Buyer to verify all information.

11647 Beacon Avenue S, Seattle

Listing courtesy of KW Everett.

$1,258,000
2566516 MLS ⋅ ACTIVE Status
Rebuilt to the studs in 2025, this unique property offers two separate residences under one address with exceptional flexibility. Unit A is a 4-bedroom, 3-bath main residence featuring open-concept living, a chef’s kitchen, warm modern finishes, a private garage, and a deck off the main living area. Upstairs, a flexible loft is ideal for a home office, media room, or second lounge. Unit B is a self-contained 1-bedroom residence with its own private entry and living space—well suited for guests, extended household, or rental use. A separate vacant land condominium unit, Unit C, may also be available for purchase, offering additional future potential. Plans, permits, and condominium documents are available in the supplements. Conveniently located near Kubota Garden, Rainier Beach light rail, shopping, dining, and major commuter routes. A rare opportunity offering flexible living, multigenerational potential, and the option for additional income. Buyer to verify all information.

11647 Beacon Avenue S, Seattle

Listing courtesy of KW Everett.

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