PROPERTIES FOR SALE

1401 Holgate Street Seattle, WA 98144

NWMLS Courtesy of Urban Commercial Partners, LLC
1401 Holgate Street
Seattle, WA 98144
$4,700,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.

Property Features

Community: Beacon Hill
10+ Units
View: Mountain(s)
View: Territorial
Exterior: Brick
Exterior: Wood
Roof: Flat
Year Built: 1957
2025 Taxes: $29210.00
Buyer Broker Comp.: 2%
Listing #: 2440780

Lot Details

Lot Size: 0.15 acres
Corner Lot
No. of Units: 17

Interior

Cooling: None
Heating: Wall Unit(s)
Electric

Schools

District: Seattle
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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