1401 S Holgate Street
Seattle, WA 98144
8580 sqft | 0.15 acres | #2440780
Description
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.
Property Details
- ViewMountain(s), Territorial
- Date ListedOctober 02, 2025
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Style56 - 10+ Units
- Exterior MaterialsBrick, Wood
- Property TypeMulti-Family
- Property SubtypeMulti Family
- Structure TypeMulti Family
- SubdivisionBeacon Hill
- Lot DescriptionCorner Lot
- Original List Price$4,700,000
- School DistrictSeattle
- Taxes Annual$29,210
- MLS #2440780
- Cost4700000
- MLS #2440780
- Acres0.1517
- Utility SourcePublic
- Square Feet8580
- Year Built1957
- CountyKing
- Property ConditionGood
- Stories3
- Days on Market (Cumulative)1
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-10-02 22:13:14. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Provided By
Listing Agent: Tyler J. Bretz (#NWM102039)
Listing Office: Urban Commercial Partners, LLC (#NWM4778)
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