All homes

$4,500,000

Reduced $200,000 — was $4,700,000

1401 S Holgate Street

Seattle, WA 98144

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.15 ac

Year built

1957

Type

Residential Income

Days listed

349

MLS #

2440780

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.

Exterior features

BrickWood

Property details

Cooling
None
Flooring
Laminate
View
Territorial
Lot
Corner Lot
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$29,210 (2025)

Estimate your monthly payment

$25,189/mo

Principal & interest
$22,754
Property taxes
$2,434
Loan amount $3,600,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98144

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Urban Commercial Partners, LLC— Tyler J. Bretz.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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