Listed by Ewing & Clark, Inc.
$2,250,000

Estimated payment $12,669/month

Total Views 241
9 Beds
5 Baths
4,800 Sq Ft
$469 Price per Sq Ft

Highlights

  • No HOA
  • High Speed Internet
  • Wood Siding
  • Washington Middle School Rated A-

About This Home

The Caroline Apartments, a recently completely renovated 5-unit multifamily property located in the vibrant Central District of Seattle. Situated at 2123 E James Street, this property offers investors a rare opportunity to acquire a well-positioned asset in one of Seattle’s most historic and rapidly evolving neighborhoods. The property features a mix of one and two bedroom apartments, averaging an impressive 960 square feet per unit, providing residents with spacious layouts uncommon in the urban core. A must see!

Listing Agent

J. Casey Losh

Ewing & Clark, Inc. License #106597 Listed on: 02/02/2026

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2476000

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,825

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 2,660 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Central Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9126101040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,825

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4800
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 9
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Exterior Features: Cement Planked, Wood
  • Property Condition: Updated/Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Utilities
  • WaterCompany: Seattle Utilities

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9126101040
  • Lot Size Acres: 0.0611
  • Lot Size Sq Ft: 2660
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet
  • MLSLotSizeSource: KCR

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: true
  • GrossRentMultiplier: 13.07
  • LeasedItems: None
  • TotalMonthlyIncome: 14875

Tax Info

  • Year: 2025
  • Tax Annual Amount: 11825

Multi Family

  • Number Of Units Total: 5
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: true

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,825 $1,231,000 $665,000 $566,000
2023 $6,967 $666,400 $665,400 $1,000
2022 $12,600 $1,333,000 $1,332,000 $1,000
2021 $13,279 $1,333,000 $1,332,000 $1,000
2020 $12,203 $1,343,000 $1,188,000 $155,000
2018 $10,964 $1,081,000 $1,080,000 $1,000
2017 $9,070 $1,081,000 $1,080,000 $1,000
2016 $7,996 $919,000 $468,000 $451,000
2015 -- $788,000 $468,000 $320,000
2014 -- $650,000 $468,000 $182,000
2013 -- $640,000 $468,000 $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2026 02/02/26 For Sale $2,250,000 0.0% $469 / Sq Ft
04/04/2025 04/04/25 Off Market $2,300 -- --
03/10/2025 03/10/25 Price Changed $2,300 -4.2% $2 / Sq Ft
02/26/2025 02/26/25 Price Changed $2,400 -11.1% $2 / Sq Ft
10/25/2024 10/25/24 Price Changed $2,700 +35.0% $2 / Sq Ft
08/05/2024 08/05/24 Price Changed $2,000 -13.0% $2 / Sq Ft
06/25/2024 06/25/24 For Rent $2,300 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2476000

Northwest Multiple Listing Service (NWMLS)

APN: 912610-1040