2021 15th Avenue S, Seattle, WA 98144
- $1,395,000
- 4,230
- SqFt
Listing courtesy of John L. Scott Des Moines.
- List Price
- $1,395,000
- Status
- ACTIVE
- MLS#
- 2553650
- Days on Market
- 12
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 4,230
- Lot Size (sq ft)
- 5,040
Property Description
Perched above street level in highly desirable Beacon Hill location, this updated 4,220 sqft. 4-plex offers a blend of scale, flexibility, and rental upside. Property features 6Br/5Ba across 4 spacious units on a 5,040 sqft. LR2 lot, with 4 uncovered alley-access parking spaces. Enjoy exceptional transit access—just 5 blocks from the Beacon Hill light rail station and approx. 10 blocks from newly opened East Link at Judkins Park—with easy connections to I-5, I-90, downtown Seattle, Bellevue, schools, parks, and neighborhood amenities. Unit 1 (first floor) spans approx. 1,400 sqft. offers a 1Br/1Ba layout with living room, kitchen & dining area. Unit 2 (main floor) also approx. 1,400 sqft. with 2Br/2Ba, including a primary ensuite, and a recently updated kitchen featuring S/S appliances, granite counters, handsome cabinetry, and direct access to the gated backyard. Unit 3 occupies the front portion of the upper floor, approx. 600 sqft. with 1Br/1a, a kitchen with dining space, and a generous living area. Unit 4, located at the rear of upper floor, approx. 800 sqft. with 2Br/1Ba, ample living room and dining, and a bright kitchen opening to a private deck for extended living space. Notable features include good ceiling heights throughout, LVP & hardwood floorings, 2 water heaters, coin-op washer & dryer, and extra storage. A rare opportunity to own a well-located multifamily asset with strong livability, transit convenience, excellent bike and walk scores, and future potential.
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Additional Information
- List Date
- 2026-07-14 16:43:12
- Community
- Beacon Hill
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1916
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
- School District
- Seattle
- Elementary School
- Beacon Hill
- Middle School
- Mercer Mid
- High School
- Franklin High
- Total Monthly Income
- $7,000
- Gross Scheduled Income
- $84,000
- Vacancy Rate
- 3
- Gross Adjusted Income
- $81,480
- Tax Year
- 2025
- Insurance Expense
- $2,100
- Total Expenses
- $13,098
- Net Operating Income
- $68,362
- Gross Rent Multiplier
- 16.6
- Cap Rate
- 4.9
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.