1401 S Holgate Street Seattle, WA $ 4,500,000
1401 S Holgate Street
$ 4,500,000
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1401 S Holgate Street

Seattle, WA, 98144
$ 4,500,000
Baths0.0 Sq 8,580

Monthly Estimate*

$ 27,707

Listed by Urban Commercial Partners, LLC
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Studio

Multi-Family Home for sale in Seattle, WA

for $4,500,000. This 8,580 square foot home was built in 1957 on a lot size of 0.1517.

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.

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Multi-Family Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 29,210

Style

10+ Units

Lot Size

0.1517

Year Built

1957

Town/City

Seattle

County/Region

King

MLS | Web ID

2440780

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing Subject to Tenant Rights
Roof Flat
HOA Fee 0
Year Built 1957
View Mountain(s) Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 268846
Insurance Expense 24637
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Beacon Hill
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Open Parking Spaces 0
Number Of Units Total 17
MLS Area 385 - SODO/Beacon Hill
Lot Size Units Square Feet
Lot Size Square Feet 6606
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 29210
Electric Expense 808
Fuel Expense 0
Property Condition Good
Public Remarks Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattles vibrant North Beacon Hill neighborhood just a short walk from the Beacon Hill Lig
Leasable Area 7575
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company Seattle Public Utilities
Units Below Grade false
Units In Building Total 16
Water Sewer Garbage 18035
Property Style 56 - 10+ Units
Cap Rate 5.7
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Exterior
Exterior Amenities Brick Wood
Lot Features Corner Lot
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 8580
Lot Size Acres 0.1517
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2440780
Street Number 1 1401
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* Excluded Features
List By
Tyler J. Bretz

Listing Agent

Urban Commercial Partners, Llc

Broker

Affordability Calculator

$30,141
Per Month
92%
8%
0%
Monthly Principal & Interest
$27,707
Monthly Property Taxes
$2,434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/10/2025$4,500,000 -4.26% Price Down
10/2/2025$4,700,000 Listed Price

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1401 S Holgate Street, Seattle, WA, 98144 is a Multi-Family Home for sale at $4,500,000 with 8,580 sqft and a lot size of 0.1517. 1401 S Holgate Street is a studio with 0.0 baths and was built in 1957. The property's zip code is 98144 which is in Seattle, WA