315 12th Ave E

Seattle, WA 98102
  • $1,895,000

    Price
  • 6

    Bed
  • 6

    Bath
  • 4,590

    SqFt

About the Listing 5353 - 75939

Turnkey North Capitol Hill Investment. This is a rare opportunity to own a timeless, cash-flowing asset in the heart of Vibrant Capitol Hill. This well-maintained property features 6 spacious corner units offering views of the Space Needle, Downtown Seattle & Olympic Mountains with beautiful original brickwork that adds to the building’s classic charm & curb appeal. 6 large 1-bed, 1-bath + den/NC bedroom, generous living/dining areas, full kitchens & hardwood floors throughout. Secure entry with lobby. All units are above grade with Views and natural light. Driveway to the building’s 12 car parking lot for tenants. Common laundry area. The daylight basement may also offer the opportunity to add 2 additional 1-bedroom units for additional income. Situated on a large lot. This prime location is minutes to Downtown Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta, Adobe, Oracle & more. Residents enjoy easy access to restaurants, shopping, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, and Hwy 99. Walk Score 98 & 3 blocks to Light Rail. Mid-Rise zoning (MR-M1), this property also presents exciting future development potential. A character-rich asset with upside in one of Seattle’s strongest rental markets. Possible Seller Financing. Great property for a 1031 Exchange.

Listing Highlights

Status Active
Days on Site 106
Property Type Multi-Family
MLS ® 2505422
Year Built 1928
Total Square Footage 4,590
Lot/Acreage 0.14
County King
Building Name Rhodes Apartment Building
School District Seattle

Interior Details

  • Bedrooms: 6
  • Bathrooms: 6 Full
  • Appliances: Tankless Water Heater
  • Air Cond:
  • Heating: Radiator
  • Fireplaces: 0
  • Floor: Hardwood,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Curbs,Paved,Sidewalk,Cable TV,Gas Available,High Speed Internet,Zoning: Multi-Family
  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Zoning: Multi-Family
  • Roof: Torch Down
  • Others: Brick,Wood
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $25,179
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 6852700176
  • Tax Year: 2026

Payment Calculator

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Questions About..

315 12th Ave E Seattle, WA 98102

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Originating MLS: nwmls

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Zachary Dresel

Tier 2 Support | Legacy 3 | Keller Williams Realty

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