$4,500,000
Reduced $200,000 — was $4,700,000
1401 S Holgate Street
Seattle, WA 98144
Beds
—
Baths
—
Sq Ft
—
Lot
0.15 ac
Year built
1957
Type
Residential Income
Days listed
341
MLS #
2440780
About this home
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.
Exterior features
Property details
- Cooling
- None
- Flooring
- Laminate
- View
- Territorial
- Lot
- Corner Lot
- Water source
- Public
- Sewer
- Sewer Connected
Costs
- Annual taxes
- $29,210 (2025)
Estimate your monthly payment
$25,189/mo
- Principal & interest
- $22,754
- Property taxes
- $2,434
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Seattle, WA 98144
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Urban Commercial Partners, LLC— Tyler J. Bretz.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.