Listed by Skyline Properties, Inc.
$1,795,000
$200K PRICE DROP

Estimated payment $11,964/month

Total Views 3,097
6 Beds
6 Baths
4,587 Sq Ft
$391 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • High Speed Internet
  • Wood Flooring
  • Tankless Water Heater
  • Wood Siding

About This Home

Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle, DT Seattle & Olympic Mountains. 6 units w/1-bed, 1-bath + den/bedroom, large living rooms/dining areas, full kitchens, hardwood floors throughout & secure entry with lobby. This building includes a 12-car parking lot for tenants & income. The lot has a high value with MR-M1 Zoning. Common laundry area in the large daylight basement & may offer the opportunity to add 2 additional 1-bed units for additional income. Prime location minutes to DT Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta. Near Broadway, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, & Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset in one of Seattle’s strongest rental markets. Solid cash-flowing property for Investors & 1031 Exchange. Future development potential with MR-M1 Zoning. Google MR-M1 Zoning. Possible seller financing.

Listing Agent

Michael Fladseth

Skyline Properties, Inc. License #125802 Listed on: 04/09/2026

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2505422

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,179

Year Built

  • Built in 1928

Lot Details

  • 5,994 Sq Ft Lot

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 4,587 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Radiator
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6852700176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,179

Year Built

Built in 1928

Lot Details

5,994 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1928
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 4587
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Appliances: Tankless Water Heater
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Coin Op Laundry,Storage

Exterior Features

  • Roof: Torch Down
  • View: City, Mountains, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Wood
  • Exterior Features: Brick, Wood
  • Foundation Details: Slab

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 5569

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6852700176
  • Lot Size Acres: 0.1376
  • Lot Size Sq Ft: 5994
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 11.9
  • LeasedItems: None
  • TotalMonthlyIncome: 12507

Tax Info

  • Year: 2026
  • Tax Annual Amount: 25179

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 582
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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
2025 $25,179 $2,398,600 $2,397,600 $1,000
2024 $23,368 $2,398,600 $2,397,600 $1,000
2023 $22,933 $2,398,600 $2,397,600 $1,000
2022 $19,828 $2,216,000 $2,097,900 $118,100
2021 $22,129 $2,123,000 $2,097,900 $25,100
2020 $22,568 $2,268,000 $2,247,700 $20,300
2018 $17,182 $2,049,000 $1,168,800 $880,200
2017 $16,897 $1,711,000 $1,168,800 $542,200
2016 $14,573 $1,746,000 $659,300 $1,086,700
2015 -- $1,464,000 $659,300 $804,700
2014 -- $1,205,000 $659,300 $545,700
2013 -- $1,147,000 $769,500 $377,500
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2026 08/13/26 Price Changed $1,795,000 -5.3% $391 / Sq Ft
05/27/2026 05/27/26 Price Changed $1,895,000 -5.0% $413 / Sq Ft
04/09/2026 04/09/26 For Sale $1,995,000 +33.0% $435 / Sq Ft
12/20/2024 12/20/24 Sold $1,500,000 -16.7% $327 / Sq Ft View Prior Sale
12/03/2024 12/03/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $1,799,900 0.0% $392 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $1,799,900 -- $392 / 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 $1,500,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
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
Open $842,437 New Conventional
Closed $825,000 Construction
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2505422

Northwest Multiple Listing Service (NWMLS)
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