315 12th Avenue E Seattle, WA $ 1,795,000
315 12th Avenue E
$ 1,795,000
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315 12th Avenue E

Seattle, WA, 98102
$ 1,795,000
Bedrooms6 Baths6.0 Sq 4,587

Monthly Estimate*

$ 11,334

Listed by Skyline Properties, Inc.
315 12th Avenue E, Seattle, WA 98102 - Image 1
315 12th Avenue E, Seattle, WA 98102 - Image 2
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315 12th Avenue E, Seattle, WA 98102 - Image 11
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315 12th Avenue E, Seattle, WA 98102 - Image 13
315 12th Avenue E, Seattle, WA 98102 - Image 14

Multi-Family Home for sale in Seattle, WA

for $1,795,000 with 6 bedrooms and 6 full baths. This 4,587 square foot home was built in 1928 on a lot size of 0.1376.

Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle, DT Seattle & Olympic Mountains. 6 units w/1-bed, 1-bath + den/bedroom, large living rooms/dining areas, full kitchens, hardwood floors throughout & secure entry with lobby. This building includes a 12-car parking lot for tenants & income. The lot has a high value with MR-M1 Zoning. Common laundry area in the large daylight basement & may offer the opportunity to add 2 additional 1-bed units for additional income. Prime location minutes to DT Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta. Near Broadway, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, & Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset in one of Seattle’s strongest rental markets. Solid cash-flowing property for Investors & 1031 Exchange. Future development potential with MR-M1 Zoning. Google MR-M1 Zoning. Tax assessed at $2,398,000 - The lot has a high value with the MR-M1 Zoning. Possible Owner Financing.

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Multi-Family Active

Price

$ 1,795,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 25,179

Style

5-9 Units

Lot Size

0.1376

Year Built

1928

Town/City

Seattle

County/Region

King

MLS | Web ID

2505422

Features
General
Living Area 0
Sewer Sewer Connected
Heating Radiator
Cooling None
Possession Closing
Roof Torch Down
Appliances Tankless Water Heater
HOA Fee 0
Garage Spaces 0
Year Built 1928
View City Mountains Territorial
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 107276
Insurance Expense 3813
New Construction N
Property Type Residential Income
HOA N
Subdivision Name North Capitol Hill
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS is correct.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 6
MLS Area 390 - Central Seattle
Lot Size Units Square Feet
Lot Size Square Feet 5994
Carport Spaces 0
Carport Y/N N
Listing Terms Assumable Cash Conventional Owner Will Carry See Remarks
Tax Annual Amount 25179
Electric Expense 582
Fuel Expense 5569
Public Remarks Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle DT Seattle & Olympic Mount
Leasable Area 4587
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement Coin Op Laundry Storage
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 7665
Property Style 55 - 5-9 Units
Cap Rate 6.2
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Exterior
Exterior Amenities Brick Wood
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 12
Foundation Details Slab
Building Area Total 4587
Lot Size Acres 0.1376
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Gas Available High Speed Internet
Parking Uncovered Total 12
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Interior
Flooring Hardwood Vinyl
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2505422
Street Number 1 315
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* Excluded Features
List By
Scott Fladseth

Listing Agent

Skyline Properties, Inc.

Broker

Affordability Calculator

$13,432
Per Month
84%
16%
0%
Monthly Principal & Interest
$11,334
Monthly Property Taxes
$2,098
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/13/2026$1,795,000 -5.28% Price Down
5/27/2026$1,895,000 -5.01% Price Down
4/9/2026$1,995,000 Listed Price

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315 12th Avenue E, Seattle, WA, 98102 is a Multi-Family Home for sale at $1,795,000 with 4,587 sqft and a lot size of 0.1376. 315 12th Avenue E has 6 bedrooms, 6.0 baths, and was built in 1928. The property's zip code is 98102 which is in Seattle, WA