MLS #2505422 / Listing provided by NWMLS & Skyline Properties, Inc..
$1,995,000
315 12th Avenue E
Seattle,
WA
98102
Sq Ft
Per Sq Ft
Year Built
Turnkey North Capitol Hill Investment. The Rhodes Apartment Building is a rare opportunity to own a timeless, cash-flowing asset in the heart of Vibrant Capitol Hill. This well-maintained property features 6 well-appointed spacious corner units offering views of the Space Needle, Downtown Seattle & Olympic Mountains with beautiful original brickwork that adds to the building’s classic charm & curb appeal. 6 large 1-bed, 1-bath + den/NC bedroom, generous living/dining areas, full kitchens & hardwood floors throughout. Secure entry with lobby. Common laundry area. Driveway to the building’s 12 car parking lot for tenants. The daylight basement may also offer the opportunity to add 2 additional 1-bedroom units for additional income. Situated on a 5,994 sqft lot with Mid-Rise zoning (MR-M1), this property also presents exciting future development potential. This prime location is minutes to Downtown Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta, Adobe, Oracle & more. Residents enjoy easy access to restaurants, shopping, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, and Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset with upside in one of Seattle’s strongest rental markets. Possible Seller Financing.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Parking Total: 12
- Total Uncovered Parking Spaces: 12
Structure
- Roof: Torch Down
- Exterior Features: Brick, Wood
- Foundation: Slab
Lot Details
- Lot Features: Curbs, Paved, Sidewalk
- Acres: 0.1376
- Foundation: Slab
Schools
- High School District: Seattle
Lot Details
- Lot Features: Curbs, Paved, Sidewalk
- Acres: 0.1376
- Foundation: Slab
Power
- Energy Source: Electric, Natural Gas
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Public
- Water, Sewer, and Garbage: 7665
Amber Jensen
Broker | REALTOR®
Send Amber Jensen an email