Listing provided courtesy of Urban Commercial Partners, LLCNWMLSas Distributed by MLSGrid- MLS# NWM2440780
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Request Info1401 S Holgate StreetSeattle, WA 98144
Multi-Family · 16 Beds · 8,580 Sq. ft. | 0.15 Acres$4,500,000
Active
1401 S Holgate Street Overview
- Visits:
- 13
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.
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1401 S Holgate Street Facts & Features
- Type Multi-Family
- Sq. ft. 8,580
- Price/Sq.ft. $524
- Lot 0.15 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
Income/Expenses
- Other Expense: 52643
- Electric Expense: 808
- Fuel Expense: 0
- Gross Scheduled Income: 405045
- Insurance Expense: 24637
- Net Operating Income: 268846
- Total Expenses: 125333
- Total Monthly Income: 30718
- Water/Sewer/Garbage: 18035
Building Information
- New Construction: No
- Year Built: 1957
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 385 - SODO/Beacon Hill
- Subdivision Name: Beacon Hill
Tax Information
- Tax Annual Amount: $29,210.00
- Tax Year: 2025
General Information
- Listing Terms: Cash Out, Conventional
- Parcel Number: 0605500000
- Possible Use: Multi-Family
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 8580
- Building Area Units: Square Feet
- Calculated Square Footage: 8580
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 7575
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 3
Exterior
Parking Information
- Open Parking Spaces: 0
- Open Parking: No
- Parking Total: 0
- Parking Uncovered Spaces: 0
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot
- Lot Size Acres: 0.1517
- Lot Size Square Feet: 6606
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Flat
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Brick, Wood
- Number Of Units Total: 17
- Sewer: Sewer Connected
Unit Information
Unit 3 Details
- Actual Rent: 1450
- Beds Total: 0
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1495
- Beds Total: 0
- Baths Total: 1
Unit 7 Details
- Actual Rent: 1595
- Beds Total: 1
- Baths Total: 1
Unit 9 Details
- Actual Rent: 1595
- Beds Total: 1
- Baths Total: 1
Unit 13 Details
- Actual Rent: 1595
- Beds Total: 1
- Baths Total: 1
Unit 14 Details
- Actual Rent: 1595
- Beds Total: 1
- Baths Total: 1
Unit 15 Details
- Actual Rent: 1595
- Beds Total: 1
- Baths Total: 1
Unit 17 Details
- Actual Rent: 1595
- Beds Total: 1
- Baths Total: 1
Unit 16 Details
- Actual Rent: 1625
- Beds Total: 1
- Baths Total: 1
Unit 8 Details
- Actual Rent: 1625
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 1695
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 1725
- Beds Total: 1
- Baths Total: 1
Unit 11 Details
- Actual Rent: 1725
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1750
- Beds Total: 1
- Baths Total: 1
Unit 12 Details
- Actual Rent: 1775
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1795
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Actual Rent: 2295
- Beds Total: 2
- Baths Total: 1
1401 S Holgate Street Neighborhood
Community
98144 (Seattle) Demographics
37
Median Age
6,357
Population Density (per sq. mile)
67%
College Educated
$87,098
Estimated Median Income
6,852
Estimated Total Home Owners
7,411
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1401 S Holgate Street Monthly Cost
1401 S Holgate Street Market Data
Based on the last 30 days in this zip code
$976,650
Average List Price
$541
Average Price per Square Foot
25
Properties Sold
69
Average Days on Market
166
Properties for Sale
1401 S Holgate Street History
| Date | Value | Agent |
|---|---|---|
| 12/10/2025Source: NWMLS | $4,500,000 -4.3% |
|
| 10/2/2025Source: NWMLS | October 02, 2025 |