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
In The Neighborhood
Seattle
$ 749,950
- Type
- Multi-Family | Active
- Size
- 2,540 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: eXp Realty
Seattle
$ 1,335,000
- Type
- Multi-Family | Active
- Size
- 4,230 SqFt
- Rooms
- 6 Beds + 5 Baths
Listed by: John L. Scott Des Moines
Seattle
$ 2,500,000
- Type
- Multi-Family | Active
- Rooms
- 12 Beds + 12 Baths
Listed by: John L. Scott Mill Creek
Seattle
$ 4,700,000
- Type
- Multi-Family | Active
- Size
- 9,900 SqFt
- Rooms
- 19 Beds + 16 Baths
Listed by: Urban Commercial Partners, LLC
Seattle
$ 4,500,000
- Type
- Multi-Family | Active
- Size
- 8,580 SqFt
- Rooms
- 16 Beds + 17 Baths
Listed by: Urban Commercial Partners, LLC