1401 Holgate Street, Seattle, WA 98144

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: tyler j. bretz, jason elrod
Office: urban commercial partners, llc.
MLS#:2440780
Source:NWMLS
1401 Holgate Street,Seattle, WA 98144
$4,500,000
  • - Beds
  • - Baths
  • 8,580 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$4,500,000
  • Price per sq. ft.:$524.48

About this home

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.

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Home facts

  • Year built:1957
  • Listing ID #:2440780
  • Updated:January 16, 2026 at 03:43 PM

Rooms and interior

  • Living area:8,580 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Flat Roof
  • Year built:1957
  • Building area:8,580 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$4,500,000
  • Price per sq. ft.:$524.48
  • Tax amount:$29,210 (2025)
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