Listed by Tyler J. Bretz, Urban Commercial Partners, LLC
- 8,580
- Square feet
- $524
- Per sq ft
- Multi Family
- Type
- 1957
- Year built
- 6,606 sq ft
- Lot
- 284
- Days on market
About this property
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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2440780
- Listed
- October 2, 2025
- Days on market
- 284
- Price per sq ft
- $524
- Original list price
- $4,700,000
Unit & building
- Stories in building
- 3
- Units in building
- 16
Views
- View
- Mountain(s)Territorial
Construction
- Year built
- 1957
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- Flat
Heating & cooling
- Heating
- Wall Unit(s)
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Laminate
Lot
- Lot features
- Corner Lot
- Lot size
- 6,606 sq ft
Terms
- Terms offered
- Cash OutConventional
Utilities
- Water
- Seattle Public Utilities
- Sewer
- SPU
- Power
- Seattle City Light
Schools
- District
- Seattle
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Mountain(s)
- Territorial
- Multi Family
- Flat
- Wall Unit(s)
- None
- Electric
- Laminate
- Corner Lot
- Cash Out
- Conventional
Listing history
Listed
$4,700,000
October 2, 2025
Current price
$4,500,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$26,204
- Principal & interest
- $22,754
- Property tax (est.)
- $3,450
Assumes $900,000 down (20%), a $3,600,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 14, 2026 at 12:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.