PROPERTIES FOR SALE

315 12th Avenue E Seattle, WA 98102

NWMLS Courtesy of Skyline Properties, Inc.
315 12th Avenue E
Seattle, WA 98102
$1,995,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Turnkey North Capitol Hill Investment. The Rhodes Apartment Building is a rare opportunity to own a timeless, cash-flowing asset in the heart of Vibrant Capitol Hill. This well-maintained property features 6 well-appointed spacious corner units offering views of the Space Needle, Downtown Seattle & Olympic Mountains with beautiful original brickwork that adds to the building’s classic charm & curb appeal. 6 large 1-bed, 1-bath + den/NC bedroom, generous living/dining areas, full kitchens & hardwood floors throughout. Secure entry with lobby. Common laundry area. Driveway to the building’s 12 car parking lot for tenants. The daylight basement may also offer the opportunity to add 2 additional 1-bedroom units for additional income. Situated on a 5,994 sqft lot with Mid-Rise zoning (MR-M1), this property also presents exciting future development potential. This prime location is minutes to Downtown Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta, Adobe, Oracle & more. Residents enjoy easy access to restaurants, shopping, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, and Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset with upside in one of Seattle’s strongest rental markets. Possible Seller Financing.

Property Features

Community: North Capitol Hill
5-9 Units
View:
View: City
View: Territorial
Cable TV
Gas Available
High Speed Internet
Exterior: Brick
Exterior: Wood
Roof: Torch Down
Year Built: 1928
2026 Taxes: $25179.00
Buyer Broker Comp.: 2%
Listing #: 2505422

Lot Details

Lot Size: 0.14 acres
Curbs
Paved
Sidewalk
No. of Units: 6

Interior

Cooling: None
Heating: Radiator
Electric
Natural Gas

Common Features

Basement
Coin Op Laundry
Storage

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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