Well positioned in Seattle’s premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access… Read More to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area’s continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle’s desirable neighborhoods. Read Less
Listing courtesy of Kidder Mathews
Listing Snapshot
Cumulative Days On Market
48
Days on Website
47
Last Updated
Property Type
Quadruplex
Square Ft.
3,695
Lot Size
0.11 Acres
Year Built
1958
Property Tax
$15,896
MLS Number
2503402
30 Days Snapshot Of 98112
$2.12M
-1%
(avg) sold price
37
+48%
homes sold
44
-29%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 3695, Building Area Units: Square Feet, Calculated Square Footage: 3695, Elevation Units: Feet, Leasable Area: 2960, Living Area: 0, Number Of Units Total: 4, Stories Total: 2, Structure Type: "Quadruplex", Units In Building Total: 4, Year Built: 1958
Based on information submitted to the MLS GRID as of . 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. Listings last updated on ,
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