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4526 S Henderson St
Seattle, WA 98118 Dunlap

$1,100,000 USD

Apartments For Sale  •  5,313 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,358 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 6.00 %
  • Zoning SM-RB 85 (M)
70 Transit Score
60 Walk Score

Highlights

Current cap rate of 6.0% - Proforma cap rate - 7.4%
Priced at $157,143 per unit and $252 per square foot.
Located within minutes of the Sound Transit Link light rail and direct bus access to downtown.
Neighbors to Dunlap Elementary, Rainier Beach High School, and Rainier Beach Community Centre.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $65,853 USD (2026)
Cap Rate: 6.00 %

Amenities

  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 16 min - 6.8 mi
Transit/SubwayDriveWalkDistance
ST Light Rail & Rainier Beach Station (NB) (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 1 min 5 min 0.2 mi
Rainier Beach (Central Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 2 min 6 min 0.3 mi
ST Light Rail & Othello Station (SB) (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 4 min 20 min 1.1 mi
AirportDriveWalkDistance
Seattle-Tacoma International 17 min - 7.8 mi
Seattle Paine Field International 48 min - 30.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Ben Douglas 206-658-7247 Paragon Real Estate Advisors
Ben Douglas 206-658-7247 Paragon Real Estate Advisors