$1,000,000

5 Beds 4 Baths 3,390 SQFT 0.14 Acres
Type: Multi-Family

1316 12th Avenue S
Seattle, WA 98144

MLS#: 2587263
Presented by: Real Broker LLC and NWMLS

Property Description

 

Exceptional investment and house-hacking opportunity in desirable North Beacon Hill! This four-unit multifamily property offers approximately 3,390 square feet of living space on a generous, level 6,000-square-foot lot directly across from a city park. Live in one residence while renting the other three to generate income and help offset your mortgage, or lease all four units as a dedicated investment. An appealing opportunity for owner-occupants and investors alike, this versatile fourplex offers multiple income streams and long-term potential. Features include parking for four vehicles, shared laundry facilities, and additional storage, adding convenience for residents and rental appeal. The level lot and reported LR3 zoning may offer possibilities for future redevelopment or expansion, subject to city approval and buyer verification. Enjoy a central location with convenient access to downtown Seattle, the International District, neighborhood restaurants, shopping, parks, and major transportation corridors, including I-5 and I-90. Directly across from a city park, the property combines an established residential setting with excellent urban connectivity. Whether you envision living on-site while building equity, expanding your rental portfolio, or pursuing a value-add strategy, this North Beacon Hill property delivers flexibility, location, & the opportunity to create lasting value in Seattle's urban core. A rare chance to pair your own home with three rental income units.


 

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
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

AmenitiesCoin Op Laundry, Storage
Building Area Units0 sqft
Cap Rate0
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGPS or from Jackson St. head S on 12th Ave S (at the end of the bridge) turn right, up the hill, the property is on the left.
Electric Expense0
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard, Radiator, Wall Furnace
High School DistrictSeattle
Insurance Expense0
Leasable Area3,390 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet6,000 sqft
Lot Size UnitsSquare Feet
MLS Area385 - SODO/Beacon Hill
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total4
PossessionClosing
Possible UseMulti-Family, Residential, See Remarks
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksExceptional investment and house-hacking opportunity in desirable North Beacon Hill! This four-unit multifamily property offers approximately 3, 390 square feet of living space on a generous, level 6, 0
RoofTorch Down
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameN Beacon Hill
Tax Annual Amount$10,301
Tax Year2026
Units Below Gradefalse
Units In Building Total4
ViewCity, Partial, Sound, Territorial
Water CompanySeattle Public Utilities
Water Sewer Garbage0
Year Built1955
Zoning DescriptionMulti-Family, Residential, See Remarks

Exterior

Building Area Total3,390 sqft
Covered Spaces0
Exterior AmenitiesBrick
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Curbs, Paved, Sidewalk, Value In Land
Lot Size Acres0.1377
Parking Uncovered Total4
Site FeaturesCable TV, Deck, Gas Available, Patio
Total Parking4
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$1,000,000

5 Beds 4 Baths 3,390 SQFT 0.14 Acres
Type: Multi-Family

1316 12th Avenue S
Seattle, WA 98144

MLS#: 2587263