2414 13TH, Seattle, WA 98144
Turnkey 17-unit multifamily property near the Beacon Hill Light Rail Station for strong residential occupancy options.
- 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
Listing agent Tyler J. Bretz (206) 363-8509
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
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.315637
- Latitude
- 47.5814807