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    Turnkey 17-Unit Multifamily Asset Title is generated by Realmo AI

    2414 13TH, Seattle, WA 98144

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    For Sale
    $4,900,000

    Turnkey 17-unit multifamily property near the Beacon Hill Light Rail Station for strong residential occupancy options.

    Type:Multi-family
    Property size:
    11,876 SF
    Price / SF:
    $412/SF
    Added:
    Jan 25, 2025
    Days on Market:
    502
    Last Refresh:
    Jun 5 at 2:31 am

    Property Features for 2414 13TH

    General Information

    Standard status
    Active
    Size
    11,876 SF
    Property subtype
    Multi-family

    Building Details

    Year Built
    1968

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    Listing Contact
    Tyler J. Bretz

    Listing agent Tyler J. Bretz

    Listing office Urban Commercial Partners,LLC

    Listing date Jan 25, 2025

    Source Century21northhomes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Urban Commercial Partners,LLC

    HighLights

    • Beacon View Apartments: 17‑unit multifamily property built in 1968
    • Projected year‑one NOI of $299,370
    • 6.1% cap rate (projected)
    • Located in Seattle’s North Beacon Hill near the Beacon Hill Light Rail Station

    Overview

    Beacon View Apartments is a turnkey 17-unit multifamily asset offered for sale. The property is presented as stabilized and designed for straightforward operation, with all units maintained as part of a single cohesive apartment building. Improvements and specific unit mix are not detailed in the provided information, but the offering is positioned as ready to manage upon transfer.

    The community is located in Seattle’s North Beacon Hill area, within a short walk of the Beacon Hill Light Rail Station. The proximity to rail service provides convenient access to the Seattle Metro Area, supporting tenant appeal for those who value transit connectivity.

    For investors or buyers seeking a residential income asset with immediate operational readiness, Beacon View Apartments offers a turn-key path to ownership. The listing also references projected year-one NOI of $299,370 and a 6.1% cap rate, which may be useful for underwriting and comparison. With the property described as stabilized and transit-oriented, it may align well with those looking for a multifamily acquisition tied to dependable day-to-day residential demand drivers.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.315637
    Latitude
    47.5814807

    FAQs

    What type of property is this?
    Apartment building - Turnkey 17-unit multifamily property near the Beacon Hill Light Rail Station for strong residential occupancy options.
    Where is this apartment building located?
    The property is located at 2414 13TH Seattle, WA.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: Beacon View Apartments: 17‑unit multifamily property built in 1968; Projected year‑one NOI of $299,370; 6.1% cap rate (projected)
    More about this property
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