Rainier Valley Real Estate

Rainier Valley Real Estate

Welcome to Rainier Valley, a vibrant and diverse neighborhood located in the heart of Seattle, Washington. Nestled in King County, Rainier Valley offers a unique blend of urban living and natural beauty, making it an ideal place to call home.

One of the defining features of Rainier Valley is its rich cultural heritage. The neighborhood is known for its strong sense of community and is home to a diverse population, including African American, Asian, and Hispanic residents. This diversity is reflected in the array of restaurants, shops, and community events that can be found throughout the area.

Nature enthusiasts will appreciate Rainier Valley's close proximity to outdoor recreational opportunities. The neighborhood is bordered by the stunning Mount Rainier to the southeast, providing breathtaking views and countless hiking trails. Additionally, the nearby Lake Washington offers opportunities for boating, fishing, and picnicking.

Rainier Valley is also well-connected to the rest of Seattle, with easy access to public transportation and major highways. Downtown Seattle is just a short drive away, making it convenient for commuters and those who enjoy the city's bustling amenities.

In terms of real estate, Rainier Valley offers a variety of housing options to suit different needs and budgets. From charming historic homes to modern condominiums, there is something for everyone in this neighborhood. The real estate market in Rainier Valley has seen steady growth in recent years, making it an attractive investment opportunity.

Whether you're looking for a tight-knit community, natural beauty, or convenient access to the city, Rainier Valley has it all. Consider making this vibrant neighborhood your next home and experience the best that Seattle has to offer.

Newest Listings in Rainier Valley

$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.

$89,000
2551675 MLS ⋅ ACTIVE Status
Bar & lounge in Rainier Valley just north of I-90 & south of Mclellan St Spirits, Beer & Wine. No Hood. Electric conveyor pizza oven, convection oven. Rent is $5,364 including NNN for 1,765 SF. Main floor with DJ booth and kitchen. Basement that has pool table & air hockey. Large parking lot.

Seattle

Listing courtesy of Skyline Properties, Inc..

$610,000
4 Beds ⋅ 2 Baths ⋅ 2544311 MLS ⋅ ACTIVE Status
Perched above the surrounding neighborhood on an expansive lot, this light-filled 4-bedroom, 2-bath home offers a rare combination of privacy, space, and convenience. Southwest-facing windows capture abundant natural light and territorial views, creating a bright and welcoming atmosphere throughout. The oversized lot provides exceptional outdoor living potential, with a partially fenced yard, mature privacy hedge, and ample room for gardening or entertaining. A large front yard offers abundant off-street parking. Conveniently located near parks, schools, shopping, dining, and major commuter routes, this property delivers both tranquility and accessibility in one of South Seattle's most connected neighborhoods.

5163 S Augusta Street, Seattle

Listing courtesy of Best Choice Realty LLC.

$689,950
3 Beds ⋅ 2 Baths ⋅ 2497484 MLS ⋅ ACTIVE Status
Ascend II by Greenleaf Homes redefines modern elegance just steps from Seattle’s Othello Light Rail Station. This corner premium residence showcases the community’s most sought-after layout where luxury, light, and seamless functionality converge. Thoughtfully engineered, the home includes one assigned parking space that feels practically secured by design, offering everyday ease and peace of mind. Within this boutique collection of six architecturally refined townhomes—ranging from 1,100 to 1,600 sq ftn each residence is crafted with elevated finishes, sustainable technology, and integrated smart-home innovations. Every home features a private rooftop retreat with sweeping Mount Rainier views, zero-maintenance Trex decking, and natural-gas BBQ hookup. Two select homes offer attached garages with sealed floors for added convenience. Perfectly positioned near vibrant dining, recreation, and effortless transit, Ascend II delivers a lifestyle where urban energy meets refined comfort. NOW OFFERING, a 3-2-1 rate buydown—with interest rates dropping as LOW as 2.99% for qualified buyers, making luxury living more attainable than ever.

4306 S Holden Street, Seattle

Listing courtesy of The Sunny Company.

$1,589,000
2413358 MLS ⋅ ACTIVE Status
Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have been tastefully updated, including kitchens, bathrooms, and flooring. Additional income is generated through coin-operated laundry on-site. A rare chance to invest or build in one of Seattle’s most strategic locations.

7410 Rainier Avenue S, Seattle

Listing courtesy of Torre Realty.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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