$1,500,000
Active

206 12th Avenue E

Seattle, WA 98102
2765 sqft | 0.07 acres | #2374362
Listing OfficeParagon Real Estate Advisors
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Description

SELLER FINANCING AVAILABLE - This 6-unit apartment building offers a prime investment opportunity in the heart of Capitol Hill with immediate value-add potential. Just a short walk from the Capitol Hill Light Rail Station, it provides residents easy access to downtown, the University District, and SeaTac Airport. The property includes a balanced unit mix: 2 studios sharing a bathroom and four 1-bd units, 3 of which feature updates like LVP flooring, bathroom improvements, and some new countertops. These upgraded units are currently vacant, ready for lease-up at market rents. An office space could be incorporated into a unit to boost square footage and income as well as the ability to add W/D in basement/workroom.

  • Property Details
      • Sewer InformationSewer Connected
      • Style55 - 5-9 Units
      • SubdivisionCapitol Hill
      • Property SubtypeMulti Family
      • Structure TypeMulti Family
      • Date ListedMay 12, 2025
      • Original List Price$1,500,000
      • School DistrictSeattle
      • Taxes Annual$15,919
      • MLS #2374362
      • Cost1500000
      • MLS #2374362
      • Acres0.0735
      • Exterior MaterialsWood
      • Square Feet2765
      • Year Built1901
      • CountyKing
      • Stories3
      • Days on Market (Cumulative)6

Location

Andrew KnutzenReal Estate Group
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