All homes

$4,700,000

2350 Beacon Avenue

Seattle, WA 98144

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.24 ac

Year built

1958

Type

Residential Income

Days listed

348

MLS #

2440960

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%.

Exterior features

BrickWood

Property details

Cooling
None
Flooring
Hardwood
View
Territorial
Lot
Corner Lot, Paved
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$30,238 (2026)

Estimate your monthly payment

$26,286/mo

Principal & interest
$23,766
Property taxes
$2,520
Loan amount $3,760,000

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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