Listed by Kidder Mathews
$3,195,000

Estimated payment $19,686/month

Total Views 984
15 Beds
11 Baths
9,986 Sq Ft
$320 Price per Sq Ft

Highlights

  • Lake View
  • Corner Lot
  • Thermal Windows
  • Garfield High School Rated A
  • No HOA
  • 2-minute walk to Tashkent Park

About This Home

Excellent corner-lot Capitol Hill location within blocks of the Harvard-Belmont Landmark District, and walking distance to Downtown, South Lake Union, Volunteer Park, Cal Anderson Park, and the trendy retail corridors of Broadway, Pike/Pine, and 15th Ave E. Turnkey opportunity with stable occupancy and a 5.4% cap rate and 11.5 GRM. Walker’s Paradise Walk Score of 90 - incredible walking access to an abundance of restaurants, shops, grocery stores, parks, Link light rail station, and multiple bus routes. Upside potential - likely opportunity to raise rents to market levels and increase charges for parking and utility bill-backs to achieve a 5.8% cap rate and 10.8 GRM. Parking spaces for 6 vehicles. Excellent unit mix featuring five 2-bed/1-bath units, five 1-bed/1-bath units, and one studio unit - average square footage of 684. Substantial building upgrades including major plumbing and electrical updates to most units, bathroom improvements to more than half of the units, dishwashers and updated kitchens in the two-bed units, and in-unit laundry in 9 of the 11 units. Desirable features including updated windows, secured entry, spacious floor plans with dining areas and large closets, scenic views from select units, and a common laundry room with 10 storage lockers.

Listing Agent

Dan Swanson

Kidder Mathews License #13533 Listed on: 05/14/2026

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2524172

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,552

Year Built

  • Built in 1957

Lot Details

  • 5,520 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property
  • Corner Lot

Property Views

  • Lake
  • City
  • Limited

Home Design

  • Flat Roof Shape
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 9,986 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 11 Bathrooms

Schools

  • Lowell Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6848200380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,552

Year Built

Built in 1957

Lot Details

5,520 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1957
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 9986
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 15
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Flat
  • View: City, Lake, Partial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced, Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 6848200380
  • Lot Size Acres: 0.1267
  • Lot Size Sq Ft: 5520
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gated Entry
  • MLSLotSizeSource: County Records

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.5
  • LeasedItems: None
  • TotalMonthlyIncome: 23141

Tax Info

  • Year: 2026
  • Tax Annual Amount: 29552

Multi Family

  • Number Of Units Total: 11
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Lowell

Map

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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 $29,552 $2,851,000 $1,656,000 $1,195,000
2024 $28,004 $2,914,000 $1,766,400 $1,147,600
2023 $33,525 $3,609,000 $1,766,400 $1,842,600
2022 $33,959 $3,999,000 $1,352,400 $2,646,600
2021 $37,470 $3,510,000 $1,352,400 $2,157,600
2020 $33,939 $3,924,000 $1,600,800 $2,323,200
2018 $27,014 $2,872,000 $1,104,000 $1,768,000
2017 $22,887 $2,746,000 $1,104,000 $1,642,000
2016 $16,797 $2,400,000 $662,400 $1,737,600
2015 -- $1,715,000 $607,200 $1,107,800
2014 -- $1,516,000 $607,200 $908,800
2013 -- $1,431,000 $607,200 $823,800
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
05/14/2026 05/14/26 For Sale $3,195,000 -- $320 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2524172

Northwest Multiple Listing Service (NWMLS)
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