1505 E Galer Street #1-4 Seattle, WA 98112
1505 E Galer Street #1-4
Seattle, WA 98112
$1,425,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Well positioned in Seattle’s premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area’s continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle’s desirable neighborhoods.
Property Features
Community: North Capitol Hill
4-Plex
Exterior: Brick
Exterior: Cement Planked
Exterior: Stucco
Exterior: Wood Products
Roof: Flat
Year Built: 1958
2026 Taxes: $15896.00
Buyer Broker Comp.: 2.5%
Listing #: 2503402
Lot Details
Lot Size: 0.11 acres
Adjacent to Public Land
Alley
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 4
Interior
Cooling: None
Heating: Forced Air
Electric
Common Features
Coin Op Laundry
Storage
Thermal Windows
Schools
District: Seattle
Elem: Stevens
Middle: Meany Mid
High: Garfield High
Call or Email:
Grace Wamwere
What's Near 1505 E Galer Street #1-4 Seattle, WA 98112?

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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