Views - Fixer Upper
Address
1306 S Bayview Street, Seattle, WA
Price
$ 1,295,000
Property Attributes
- ID#2439670
- TypeMulti-Family
- CountyKING
- CitySeattle
- AreaSODO-Beacon Hill
- NeighborhoodBeacon Hill
- Zip98144
- StyleDuplex
- Year Built1954
- Taxes$ 12083
- Price$ 1,295,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2820
- Lot Size0.1747 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.
| Price History | |
|---|---|
| 9/30/2025 | Listed $1,295,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Year Built | 1954 |
| View | Mountains |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| County | King |
| Net Operating Income | 39848 |
| Insurance Expense | 2528 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | Beacon Hill |
| Possible Use | Multi-Family,Residential,See Remarks |
| Special Listing Conditions | None |
| Status | Active |
| Directions | GPS |
| City | Seattle |
| Senior Community Y/N | No |
| High School District | Seattle |
| Zoning Description | Multi-Family,Residential,See Remarks |
| Open Parking Spaces | 2 |
| Number Of Units Total | 2 |
| MLS Area | 385 - SODO/Beacon Hill |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7610 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 12083 |
| Property Condition | Fixer |
| Public Remarks | North Beacon Hill development site,zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex |
| Leasable Area | 2810 |
| Structure Type | Duplex |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Seattle Public Utilities |
| Units Below Grade | true |
| Units In Building Total | 2 |
| Water Sewer Garbage | 4556 |
| Property Style | 52 - Duplex |
| Cap Rate | 3 |
| NWM_ShowMapLink | Yes |
Interior Features
| Total Stories | 2 |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Brick |
|---|---|
| Lot Features | Alley,Corner Lot,Value In Land |
| Water Source | Public |
| Foundation Details | Poured Concrete |
| Building Area Total | 2820 |
| Lot Size Acres | 0.1747 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Parking Uncovered Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98144
Price
Taxes
Year Built
Visits
In The Neighborhood
Views
Seattle
$ 749,950
- Type
- Multi-Family | Active
- Size
- 2,540 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: eXp Realty
Reduced
Seattle
$ 1,335,000
- Type
- Multi-Family | Active
- Size
- 4,230 SqFt
- Rooms
- 6 Beds + 5 Baths
Listed by: John L. Scott Des Moines
Short Sale
Seattle
$ 2,500,000
- Type
- Multi-Family | Active
- Rooms
- 12 Beds + 12 Baths
Listed by: John L. Scott Mill Creek
Reduced
Seattle
$ 4,295,000
- Type
- Multi-Family | Active
- Size
- 12,117 SqFt
- Rooms
- 27 Beds + 23 Baths
Listed by: Lee & Associates Commercial RE
Views
Seattle
$ 4,700,000
- Type
- Multi-Family | Active
- Size
- 9,900 SqFt
- Rooms
- 19 Beds + 16 Baths
Listed by: Urban Commercial Partners, LLC
