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JRJeff ReynoldsCompass · Seattle

Listed by Tyler J. Bretz, Urban Commercial Partners, LLC

9,900
Square feet
$475
Per sq ft
Multi Family
Type
1958
Year built
10,415 sq ft
Lot
283
Days on market

About this property

Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.

Location & commute

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Directions

Property details

Listing details

Listing number
#2440960
Listed
October 3, 2025
Days on market
283
Price per sq ft
$475

Unit & building

Building
Westward Apartments
Stories in building
3
Units in building
16

Parking

Total spaces
6

Views

View
Territorial

Construction

Year built
1958
Style
56 - 10+ Units
Structure
Multi Family
Roof
Torch Down

Heating & cooling

Cooling
None
Energy source
Electric

Flooring

Flooring
Hardwood

Lot

Lot features
Corner LotPaved
Lot size
10,415 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.

  • Territorial
  • Multi Family
  • Torch Down
  • None
  • Electric
  • Hardwood
  • Corner Lot
  • Paved
  • Cash Out
  • Conventional

Listing history

  1. Listed

    $4,700,000

    October 3, 2025

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

$27,369

Principal & interest
$23,766
Property tax (est.)
$3,603

Assumes $940,000 down (20%), a $3,760,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM 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.