Rockhood
$1,795,000List price
Pending

315 12th Avenue E · Seattle, WA 98102

Source: NWMLS · Skyline Properties, Inc. · Scott Fladseth #NWM2505422

About this home

Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle, DT Seattle & Olympic Mountains. 6 units w/1-bed, 1-bath + den/bedroom, large living rooms/dining areas, full kitchens, hardwood floors throughout & secure entry with lobby. This building includes a 12-car parking lot for tenants & income. The lot has a high value with MR-M1 MID-RISE Zoning. Common laundry area in the large daylight basement & may offer the opportunity to add 2 additional 1-bed units for additional income. Prime location minutes to DT Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta. Near Broadway, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, & Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset in one of Seattle’s strongest rental markets. Solid cash-flowing property for Investors & 1031 Exchange. Future development potential with MR-M1 MID-RISE Zoning. Google MR-M1 Zoning. Tax assessed at $2,398,000 - The lot has a high value with the MR-M1 MID-RISE Zoning. Possible Owner Financing.

Location

Basics

Property type
Multi Family
Style
5-9 Units
Stories
3 stories
Condition
Good
Year built
1928 (renovated 1990)
Building area
7,357 sq ft
Lot size
5,994 sq ft (0.14 acres)
County
King
MLS #
NWM2505422

Interior

Heating
Radiator
Cooling
None
Flooring
Hardwood, Vinyl
Appliances
Tankless Water Heater

Exterior & lot

Exterior features
Brick, Wood
Roof
Torch Down
Foundation
Slab
Lot features
Curbs, Paved, Sidewalk, Value In Land
View
City, Mountains, Territorial
Waterfront
No

Parking

Parking spaces
12

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric, Natural Gas

Community & fees

Subdivision
North Capitol Hill
Property tax
$25,179 (2026)

Transaction

Original list price
$1,995,000 (10% price cut)
Listed on
Apr 9, 2026
Days on market
157
Listing terms
Cash, Conventional, Owner Will Carry, See Remarks
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2024-12-20
Sold$1,500,000

Schools

School district: Seattle

High
Garfield High School
SchoolDigger 4 stars · Top 13% in WA

Curious about this home?

Just talk to Bowerbird,
your AI agent with real opinions.

Download App

Listing provided courtesy of: Skyline Properties, Inc.

Listing agent: Scott Fladseth.

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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-15.