1401 S Holgate Street, Seattle, WA 98144 (MLS # 2440780)

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Listing provided courtesy of Northwest MLS; Urban Commercial Partners, LLC

PRICE $4,700,000
BEDS 0
BATHS 0
HOME SIZE 8,580 sqft
LOT SIZE 6,609 sqft

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.

LAST UPDATED 10/2/2025 TRACT Beacon Hill
YEAR BUILT 1957 COMMUNITY Beacon Hill
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 385 - SODO/Beacon Hill
CONSTRUCTION Brick, Wood Siding
HEAT Electric
LOT 6608 sq ft
LOT DESCRIPTION Corner Lot
MLS STATUS Active
STORIES 3
STYLE 56 - 10+ Units
SUBDIVISION Beacon Hill
TAXES 29210
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Mountain(s), Territorial
WATER Public
ZONING Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/10/25 10:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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