Listing provided courtesy of Urban Commercial Partners, LLCNWMLSas Distributed by MLSGrid- MLS# NWM2440960
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Request Info2350 Beacon Avenue SSeattle, WA 98144
Multi-Family · 19 Beds · 9,900 Sq. ft. | 0.24 Acres$4,700,000
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2350 Beacon Avenue S Overview
- Visits:
- 16
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%.
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2350 Beacon Avenue S Facts & Features
- Type Multi-Family
- Sq. ft. 9,900
- Price/Sq.ft. $475
- Lot 0.24 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
Income/Expenses
- Other Expense: 38833
- Electric Expense: 1108
- Fuel Expense: 0
- Gross Scheduled Income: 396347
- Insurance Expense: 24383
- Net Operating Income: 266445
- Total Expenses: 116666
- Total Monthly Income: 31148
- Water/Sewer/Garbage: 22104
Building Information
- Building Name: Westward Apartments
- New Construction: No
- Year Built: 1958
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 385 - SODO/Beacon Hill
- Subdivision Name: Beacon Hill
Tax Information
- Tax Annual Amount: $30,238.00
- Tax Year: 2026
General Information
- Listing Terms: Cash Out, Conventional
- Parcel Number: 5393600403
- Possible Use: Multi-Family,Residential
- 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: 9900
- Building Area Units: Square Feet
- Calculated Square Footage: 9900
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Hardwood
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 9700
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 3
Exterior
Parking Information
- Open Parking Spaces: 6
- Open Parking: Yes
- Parking Total: 6
- Parking Uncovered Spaces: 6
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Paved
- Lot Size Acres: 0.2391
- Lot Size Square Feet: 10415
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Torch Down
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Brick, Wood
- Number Of Units Total: 16
- Sewer: Sewer Connected
Unit Information
Unit 16 Details
- Actual Rent: 1495
- Beds Total: 1
- Baths Total: 1
Unit 8 Details
- Actual Rent: 1645
- Beds Total: 1
- Baths Total: 1
Unit 14 Details
- Actual Rent: 1650
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1690
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 1695
- Beds Total: 1
- Baths Total: 1
Unit 7 Details
- Actual Rent: 1695
- Beds Total: 1
- Baths Total: 1
Unit 11 Details
- Actual Rent: 1695
- Beds Total: 1
- Baths Total: 1
Unit 12 Details
- Actual Rent: 1748
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1750
- Beds Total: 1
- Baths Total: 1
Unit 9 Details
- Actual Rent: 1795
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1822
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1860
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Actual Rent: 1875
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 1895
- Beds Total: 2
- Baths Total: 1
Unit 13 Details
- Actual Rent: 1973
- Beds Total: 2
- Baths Total: 1
Unit 15 Details
- Actual Rent: 2395
- Beds Total: 2
- Baths Total: 1
2350 Beacon Avenue S 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.2350 Beacon Avenue S Monthly Cost
2350 Beacon Avenue S 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
2350 Beacon Avenue S History
| Date | Value | Agent |
|---|---|---|
| 10/3/2025Source: NWMLS | October 03, 2025 |