All homes

$1,000,000

1316 12th Avenue

Seattle, WA 98144

Active
City viewPartial viewSound viewTerritorial view

Beds

—

Baths

—

Sq Ft

—

Lot

0.14 ac

Year built

1955

Type

Residential Income

Days listed

1

MLS #

2587263

About this home

Exceptional investment opportunity in desirable North Beacon Hill! This four-unit multifamily property offers approximately 3,390 square feet of living space on a generous, level 6,000-square-foot lot directly across from a city park. Ideally positioned in one of Seattle's centrally located neighborhoods, the property presents an attractive opportunity for investors seeking rental income, long-term appreciation, or potential redevelopment (LR3 zoning). The building features four residential units, parking for four vehicles, shared laundry facilities, and additional storage. Its established residential setting offers convenient access to downtown Seattle, the International District, neighborhood restaurants, shopping, parks, and major transportation corridors, including I-5 and I-90. The property's substantial lot and historically reported multifamily zoning provide additional possibilities for future investment or redevelopment, subject to city approval and buyer verification. Whether expanding an investment portfolio, pursuing a value-add strategy, or exploring the property's long-term development potential, this North Beacon Hill fourplex offers a compelling combination of location, versatility, and opportunity in Seattle's urban core.

Exterior features

Brick

Property details

Heating
Baseboard, Radiator, Wall Furnace
Cooling
None
Flooring
Vinyl, Carpet
View
City, Partial, Sound, Territorial
Lot
Alley, Curbs, Paved, Sidewalk, Value In Land
Sewer
Sewer Connected

Costs

Annual taxes
$10,301 (2026)

Estimate your monthly payment

$5,915/mo

Principal & interest
$5,057
Property taxes
$858
Loan amount $800,000

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 Real Broker LLC— Chris Bierrum.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.

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