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 SchoolSchoolDigger 4 stars · Top 13% in WA

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.