2350 Beacon Avenue S, Seattle, WA 98144

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: jason elrod
Office: urban commercial partners, llc.
MLS#:2440960
Source:NWMLS
2350 Beacon Avenue S,Seattle, WA 98144
$4,700,000
  • - Beds
  • - Baths
  • 9,900 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$4,700,000
  • Price per sq. ft.:$474.75

About this home

Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.

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Home facts

  • Year built:1958
  • Subdivision & Development:Beacon Hill
  • Listing ID #:2440960
  • Updated:September 05, 2026 at 11:33 AM

Rooms and interior

  • Flooring:Hardwood
  • Living area:9,900 sq. ft.

Structure and exterior

  • Roof:Torch Down
  • Year built:1958
  • Building area:9,900 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Corner, Paved
  • Construction Materials:Brick Exterior Finish, Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$4,700,000
  • Price per sq. ft.:$474.75
  • Tax amount:$30,238 (2026)

Parking

  • Parking description:Uncovered Space(s) : 6
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