1401 S Holgate St, Seattle, WA

Listing office Urban Commercial Partners, LLC j***@ehirealestate.com Show Phone

Listing date Sep 29, 2025

Source Moodyscre

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Overview

Located on South Holgate Street in Seattle’s North Beacon Hill neighborhood, Beacon Flats is a 17-unit multifamily property. Constructed in 1957 and renovated in 2017, this three-story building features a brick-veneer exterior. The property offers a mix of studio, one, and two-bedroom units, providing residents with affordable living spaces in a walkable, transit-oriented area. The building has a total of 7,575 square feet and is situated on a 0.15-acre site zoned L-2. Beacon Flats operates at full occupancy and has no on-site parking requirement. The average in-place rents are $1,678, which is below the market average of $1,776. The property is located near employment centers in Downtown Seattle and South Lake Union, with convenient access to light rail and bus services.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Seattle

County

King

State

Washington

Longitude

-122.314

Latitude

47.5862

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FAQs

What type of property is this?

Apartment building - 17-unit multifamily property in Seattle's North Beacon Hill neighborhood.

Where is this apartment building located?

The property is located at 1401 S Holgate St Seattle, WA.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: 100% Occupancy: Demonstrates strong demand and immediate cash flow.; Below Market Rents: Offers significant potential for revenue growth.; Transit‑Oriented Location: Provides easy access to Downtown Seattle and South Lake Union.