2414 13th Avenue S, Seattle, WA 98144
- $4,900,000
- 11,876
- SqFt
Listing courtesy of Urban Commercial Partners, LLC.
- List Price
- $4,900,000
- Status
- ACTIVE
- MLS#
- 2439327
- Days on Market
- 300
- Style
- 56 - 10+ Units
- Finished SqFt
- 11,876
- Lot Size (sq ft)
- 6,000
Property Description
We are pleased to offer for sale the Beacon View Apartments; a well-positioned, turnkey 17-unit multifamily asset located in Seattle’s highly desirable North Beacon Hill neighborhood. Just a short walk from the Beacon Hill Light Rail Station, Beacon View offers residents seamless access to Seattle Metro Area, making it an ideal location for urban professionals. This stabilized, transit-oriented asset combines reliable cash flow with near-term value-add potential, an attractive opportunity for multifamily investors seeking growth in one of Seattle’s most connected neighborhoods. Projected Year one NOI of $299,370 and 6.1% Cap Rate.
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Additional Information
- List Date
- 2025-09-29 22:10:28
- Community
- Beacon Hill
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1968
- Roof
- Flat
- School District
- Seattle
- Total Monthly Income
- $37,342
- Gross Scheduled Income
- $445,746
- Vacancy Rate
- 5
- Gross Adjusted Income
- $423,459
- Tax Year
- 2025
- Insurance Expense
- $25,125
- W/S/G Expenses
- $21,037
- Total Expenses
- $146,375
- Net Operating Income
- $299,370
- Gross Rent Multiplier
- 11.6
- Cap Rate
- 6.1
Mortgage Calculator
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.