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$4,500,000

  • For Sale
  • Active
  • Multi-Family

Listed by Tyler J. Bretz | Urban Commercial Partners, LLC | (206) 325-9333 and Jason Elrod | Urban Commercial Partners, LLC | (206) 325-9333

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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.

Full Property Details for 1401 S Holgate St

General

  • Price: $4,500,000
  • Taxes: $29,210 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2440780
  • Updated: 12/10/2025
  • Added to Site: 106 day(s) ago

Interior

  • Flooring: Laminate

Location

  • Area: 385 - SODO/Beacon Hill
  • County: King
  • Subdivision: Beacon Hill
  • Driving Directions: GPS

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Unit(s)

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Flat
  • Stories in Building: 3
  • Square Feet: 8,580
  • Year Built: 1957
  • Property Condition: Good

Unit Information

  • Units in Building: 16

Lot Features

  • Property View: Mountain(s), Territorial
  • Lot Size (Acres): 0.1517
  • Lot Size (Sq. Ft.): 6,606
  • Lot Size Source: King County Assessor
  • Lot Features: Corner Lot
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $29,210
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 605500000

Listed by Tyler J. Bretz | Urban Commercial Partners, LLC | (206) 325-9333 and Jason Elrod | Urban Commercial Partners, LLC | (206) 325-9333

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Schools serving 1401 S Holgate St

School District:Seattle School District
NameGradesDistance
Beacon Hill International School
2025 14th Avenue South, Seattle, WA 98144
K-50.1 mi
Mercer Middle School
1600 South Columbian Way, Seattle, WA 98108
6-81.6 mi
Franklin High School, Seattle, WA
3013 South Mount Baker Boulevard, Seattle, WA 98144
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1401 S Holgate St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/10/2025
Price Reduced
$4,500,000
-4.26%
MLS
10/02/2025
Listed
$4,700,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1401 S Holgate St

Year
Property Taxes
Change
Tax Assessment
Change
2024
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Tyler J. Bretz | Urban Commercial Partners, LLC | (206) 325-9333 and Jason Elrod | Urban Commercial Partners, LLC | (206) 325-9333

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1401 S Holgate Street, Seattle, WA 98144 (MLS# 2440780) is a Multi-Family property with 17 units containing 0 bedrooms and 0 full bathrooms. 1401 S Holgate Street is currently listed for $4,500,000 and was received on October 02, 2025. Want to learn more about 1401 S Holgate Street? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

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