2350 Beacon Avenue S Seattle, WA 98144
2350 Beacon Avenue S
Seattle, WA 98144
$4,700,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.
Property Features
Community: Beacon Hill
10+ Units
View: Mountain(s)
View: Territorial
Exterior: Brick
Exterior: Wood
Roof: Torch Down
Year Built: 1958
2026 Taxes: $30238.00
Buyer Broker Comp.: 2%
Listing #: 2440960
Lot Details
Lot Size: 0.24 acres
Corner Lot
Paved
No. of Units: 16
Interior
Cooling: None
Heating: Wall Unit(s)
Electric
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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