Listed by John L. Scott Mill Creek
$2,500,000
NEW CONSTRUCTION

Estimated payment $14,032/month

12 Beds
12 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Under Construction
  • Territorial View
  • Vinyl Plank Flooring
  • Beacon Hill International Elementary Rated 9+
  • No HOA

About This Home

Rare investment opportunity in South Seattle! Short sale. Nearly completed 6-unit construction project with strong upside and rental income potential. Major construction is complete, with remaining work including paving, landscaping, parking improvements, and interior finishing touches. Estimated completion costs under $100K. Projected market value upon completion is approximately $3M. Excellent opportunity for builders, investors, or developers looking to finish a high-potential project. Conveniently located 3 minutes to I-90 and a 14-minute walk to Beacon Hill Station with easy access to Seattle, Eastside tech hubs, and Sea-Tac Airport. 84 Walk Score and 75 Transit Score.

Listing Agent

Natalia Duta

John L. Scott Mill Creek License #24014750 Listed on: 05/23/2026

John L. Scott Mill Creek

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2528598

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025 | Under Construction

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Schools

  • Leschi Elementary School
  • Garfield High School

Additional Features

  • 6,000 Sq Ft Lot
  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Beacon Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5393601170

Property Details

Home Type

Multi-Family

Year Built

Built in 2025 | Under Construction

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2025
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: Yes
  • CalculatedSquareFootage: 0
  • NewConstruction: Under Construction
  • Special Features: NewHome

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 12
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: See Remarks
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: See Remarks
  • Exterior Features: See Remarks
  • Foundation Details: Slab
  • Property Condition: Under Construction
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • WaterCompany: Seattle Public Utilities
  • CableConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High

Lot Info

  • Parcel Number: 5393601170
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Number Of Units Total: 6
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Leschi

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 $6,027 $573,000 $573,000 --
2023 $7,105 $704,000 $512,000 $192,000
2022 $6,566 $753,000 $438,000 $315,000
2021 $6,316 $670,000 $403,000 $267,000
2020 $6,178 $612,000 $240,000 $372,000
2018 $5,064 $613,000 $241,000 $372,000
2017 $4,348 $478,000 $213,000 $265,000
2016 $3,884 $422,000 $190,000 $232,000
2015 $3,359 $367,000 $166,000 $201,000
2014 -- $323,000 $163,000 $160,000
2013 -- $304,000 $145,000 $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2026 05/23/26 For Sale $2,500,000 +185.7% --
03/18/2024 03/18/24 Sold $875,000 0.0% $431 / Sq Ft View Prior Sale
03/18/2024 03/18/24 For Sale $875,000 +30.6% $431 / Sq Ft
10/25/2022 10/25/22 Sold $670,000 -7.6% $330 / Sq Ft View Prior Sale
10/11/2022 10/11/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $725,000 -9.4% $357 / Sq Ft
08/10/2022 08/10/22 Price Changed $800,000 -5.9% $394 / Sq Ft
06/22/2022 06/22/22 For Sale $850,000 +6.3% $419 / Sq Ft
11/30/2021 11/30/21 Sold $800,000 +6.7% $374 / Sq Ft View Prior Sale
10/17/2021 10/17/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $749,950 +16.4% $350 / Sq Ft
05/09/2017 05/09/17 Sold $644,500 -2.3% $301 / Sq Ft View Prior Sale
03/18/2017 03/18/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $660,000 -- $308 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $875,000 Aegis Land Title Group
Warranty Deed $670,000 --
Warranty Deed $800,000 First American Title
Warranty Deed $644,500 Wfg National T
Warranty Deed $202,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $1,915,948 Construction
Previous Owner $560,000 Commercial
Previous Owner $580,050 New Conventional
Previous Owner $151,500 Stand Alone First
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2528598

Northwest Multiple Listing Service (NWMLS)

APN: 539360-1170

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