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

$1,749,500
4,589
SqFt

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Listing courtesy of Keller Williams Downtown Sea.

List Price
$1,749,500
Status
ACTIVE
MLS#
2516840
Days on Market
86
Style
54 - 4-Plex
Finished SqFt
4,589
Area Total SqFt
4589
Annual Tax Ammount
11766
Internet Provider
Xfinity
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

4-Unit Investment Opportunity | 3.5 Assumable VA Loan @3.5% | 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.

Additional Information

List Date
2026-05-01 19:28:13
Community
N Beacon Hill
Net Operating Income
$84,630
Gross Adjusted Income
$103,596
Gross Scheduled Income
$114,747
Total Monthly Income
$9,452
Insurance Expenses
$2,400
Gross Rent Multiplier
16.03
Total Expenses
$21,166
Cap Rate
5.2
Vacancy Rate
3
Total Number of Units
5
Unit Name
1745
Potential Terms
Assumable, Cash, Conventional, VA Loan
Year Built
1900
View
Bay, City, Mountains, See Remarks, Sound, Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Other Expenses
7000
Energy Source
Electric, Oil
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$9,452
Gross Scheduled Income
$114,747
Vacancy Rate
3
Gross Adjusted Income
$103,596
Tax Year
2025
Insurance Expense
$2,400
Total Expenses
$21,166
Net Operating Income
$84,630
Gross Rent Multiplier
16.03
Cap Rate
5.2
Based on information submitted to the MLS GRID as of . 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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