Water Views
Listed By:
Lee & Associates Commercial RE and NWMLS
Address
1815 13th Avenue S, Seattle, WA
Price
$ 4,295,000
Property Attributes
  • ID#2475680
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaSODO-Beacon Hill
  • NeighborhoodBeacon Hill
  • Zip98144
  • Style10+ Units
  • Year Built1911
  • Taxes$ 43040
  • Price$ 4,295,000
  • Bedrooms27
  • Full Bathrooms23
  • Half Bathrooms0
  • Sqr Footage12117
  • Lot Size0.1653 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

The property reflects true pride of ownership, with extensive upgrades completed in recent years. Improvements include full replacement of in-unit wiring and plumbing, along with comprehensive kitchen and bathroom remodels, ensuring modern comfort, durability, and reduced future capital needs. With an average unit size of 560 SF, the building offers efficient layouts that remain highly competitive in the Beacon Hill rental market. Offering a desirable and efficient unit mix of two studios, thirteen one-bedrooms, and seven two-bedrooms, this 22-unit asset delivers broad renter appeal and strong operational fundamentals. Residents benefit from close proximity to local amenities, outdoor recreation, transit access, and major employment centers—supporting consistent demand in all market cycles.

Elementary School Middle School High School
Beacon Hill Elementary School Mercer Mid Franklin High
Price History
2/2/2026 Listed $4,895,000
3/10/2026 13$4,295,000

General Features

Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
Year Built 1911
View City,Mountains,Sound
Property Subtype Multi Family
Tax Year 2024
County King
Net Operating Income 295244
Insurance Expense 21148
New Construction No
Property Type Residential Income
HOA No
Subdivision Name Beacon Hill
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Located on the corner of S Holgate Street & 13th Avenue South. Directly across from Beacon Hill Playfield
High School Franklin High
City Seattle
Senior Community Y/N No
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 22
MLS Area 385 - SODO/Beacon Hill
Lot Size Units Square Feet
Lot Size Square Feet 7200
Carport Y/N No
Listing Terms Cash
Elementary School Beacon Hill
Tax Annual Amount 43040
Middle/Junior High School Mercer Mid
Public Remarks The property reflects true pride of ownership,with extensive upgrades completed in recent years. Improvements include full replacement of in-unit wiring and plumbing,along with comprehensive kitchen
Leasable Area 12117
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities See Remarks
Water Company Water District
Units Below Grade false
Units In Building Total 22
Water Sewer Garbage 49293
Property Style 56 - 10+ Units
Cap Rate 5.2
NWM_ShowMapLink Yes

Interior Features

Flooring Vinyl Plank
Total Stories 3
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Power Production Type Electric

Exterior Features

Exterior Amenities See Remarks
Lot Features Adjacent to Public Land,Alley,Corner Lot,Paved,Sidewalk
Water Source Public
Building Area Total 12117
Lot Size Acres 0.1653
Waterfront Y/N No
Irrigation Water Rights Y/N No

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
AVG $2.02M
$4.3M
Taxes
AVG $17,883
$43,040
Year Built
AVG 1955
1911
Visits
AVG 360
861
Data Provided by Inside Real Estate®