315 12th Avenue E, Seattle, WA 98102
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: scott fladseth
Office: skyline properties, inc.
MLS#:2505422
Source:NWMLS
315 12th Avenue E,Seattle, WA 98102
$1,995,000
- - Beds
- - Baths
- 4,587 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,995,000
- Price per sq. ft.:$434.92
About this home
Turnkey North Capitol Hill Investment. The Rhodes Apartment Building is a rare opportunity to own a timeless, cash-flowing asset in the heart of Vibrant Capitol Hill. This well-maintained property features 6 well-appointed 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. Common laundry area. All units are above grade. Driveway to the building’s 12 car parking lot for tenants. The daylight basement may also offer the opportunity to add 2 additional 1-bedroom units for additional income. Situated on a 5,994 sqft lot with Mid-Rise zoning (MR-M1), this property also presents exciting future development potential. 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. A character-rich asset with upside in one of Seattle’s strongest rental markets. Possible Seller Financing....
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Home facts
- Year built:1928
- Listing ID #:2505422
- Updated:April 19, 2026 at 11:05 AM
Rooms and interior
- Flooring:Hardwood, Vinyl Floor
- Living area:4,587 sq. ft.
Heating and cooling
- Heating:Radiators
Structure and exterior
- Roof:Torch Down
- Year built:1928
- Building area:4,587 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Curbed Lot, Paved, Sidewalk
- Construction Materials:Brick Exterior Finish, Wood Exterior Finish
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,995,000
- Price per sq. ft.:$434.92
- Tax amount:$25,179 (2026)
Features and amenities
- Amenities:Cable TV, Gas Available, High Speed Internet
Parking
- Total parking spaces:12
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