Seattle, WA 98102 206 12th Avenue E
$1,500,000
15 more
Presented By: Paragon Real Estate Advisors and NWMLS
- MLS# 2374362
- 05/12/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,765
Home Details
SELLER FINANCING AVAILABLE – This 6-unit apartment building offers a prime investment opportunity in the heart of Capitol Hill with immediate value-add potential. Just a short walk from the Capitol Hill Light Rail Station, it provides residents easy access to downtown, the University District, and SeaTac Airport. The property includes a balanced unit mix: 2 studios sharing a bathroom and four 1-bd units, 3 of which feature updates like LVP flooring, bathroom improvements, and some new countertops. These upgraded units are currently vacant, ready for lease-up at market rents. An office space could be incorporated into a unit to boost square footage and income as well as the ability to add W/D in basement/workroom.
Presented By: Paragon Real Estate Advisors and NWMLS
Interior Features for 206 12th Avenue E
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 206 12th Avenue E
Building Area UnitsSquare Feet
Cap Rate4.17
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGet on E Madison St. Turn left onto 12th Ave.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingHot Water Recirc Pump
High School DistrictSeattle
Insurance Expense1659
Leasable Area2765
Listing TermsCash Out, Owner Financing
Living Area UnitsSquare Feet
Lot Size Square Feet3200
Lot Size UnitsSquare Feet
MLS Area390 – Central Seattle
ModificationTimestamp2025-05-15T21:11:11.848Z
NWM_ShowMapLinkY
Net Operating Income62489
New ConstructionNo
Number Of Units Total7
Open Parking Spaces0
PossessionClosing
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksSELLER 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 H
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameCapitol Hill
Tax Annual Amount15919
Tax Year2025
Units Below Gradetrue
Units In Building Total6
Water Sewer Garbage7200
Year Built1901
Exterior for 206 12th Avenue E
Building Area Total2765
Covered Spaces
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot Size Acres0.0735
Parking Uncovered Spaces0
Total Parking0
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®