$1,749,500

6 Beds 6 Baths 4,589 SQFT 0.14 Acres
Type: Multi-Family

1745 12th Avenue S # 1 - 4
Seattle, WA 98144

MLS#: 2516840
Presented by: Keller Williams Downtown Sea and NWMLS

Property Description

 

Assumable Loan @3.25% | 4-Unit Investment Opportunity | | Perfect Owner-Occupant / House Hack | Beacon Hill Views | Exceptional opportunity to own a well-located 4-unit property on North Beacon Hill with sweeping Sound, city, and mountain views. This classic 1900-built building offers character, flexibility, and strong appeal for investors, owner-occupants, and potential short-term rental use. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, 1-bedroom garden unit, plus a non-conforming caretaker unit. With units coming available, this is a prime opportunity for an owner-user to step in while maintaining rental income. The top unit also benefits from solar offset for electric use. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. A standout North Beacon Hill asset with income, views, flexible living options, and long-term upside. Ideal for house hacking, multi-generational living, or long-term investment.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Softwood, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Oil
Total Fireplaces0
Total Stories3

General

AmenitiesCoin Op Laundry, Storage, Thermal Windows
Building Area Units0 sqft
Building NameSEATTLE HOMESTEAD H MCALEER SUPL
Cap Rate5.13
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsBoren to 12th Ave South, or 190 exit 3B Rainier - North on Rainer, turn south on 12th.
Electric Expense0
Elementary SchoolBuyer To Verify
Energy EfficientThermal Windows
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard, Radiant
High SchoolBuyer To Verify
High School DistrictSeattle
Insurance Expense2400
Leasable Area4,047 sqft
Listing TermsAssumable, Cash, Conventional, VA Loan
Living Area0 sqft
Lot Size Square Feet6,000 sqft
Lot Size UnitsSquare Feet
MLS Area385 - SODO/Beacon Hill
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income89728
New ConstructionNo
Number Of Units Total5
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksAssumable Loan @3.25% | 4-Unit Investment Opportunity | | Perfect Owner-Occupant / House Hack | Beacon Hill Views | Exceptional opportunity to own a well-located 4-unit property on North Beacon Hill
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameN Beacon Hill
Tax Annual Amount$11,766
Tax Year2025
Unit Number1
Units Below Gradetrue
Units In Building Total4
ViewBay, City, Mountains, See Remarks, Sound, Territorial
Virtual TourClick here
Water CompanySPU
Water Sewer Garbage0
Year Built1900
Zoning DescriptionMulti-Family

Exterior

Building Area Total4,589 sqft
Covered Spaces0
Exterior AmenitiesCement Planked, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions120 x 50 x 120 x
Lot FeaturesCurbs, Paved, Sidewalk
Lot Number10
Lot Size Acres0.1377
Parking Uncovered Total1
Site FeaturesCable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Total Parking1
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Middle School Buyer To Verify Middle School
Elementary School Buyer To Verify Elementary School

  

Similar Properties

$1,749,500

6 Beds 6 Baths 4,589 SQFT 0.14 Acres
Type: Multi-Family

1745 12th Avenue S # 1 - 4
Seattle, WA 98144

MLS#: 2516840