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 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 Zoning. Google MR-M1 Zoning. Possible seller financing.
Active
Listed by: Skyline Properties, Inc. • Michael Fladseth
Price cut: $100K (8/13)
$1,795,000
315 12th Avenue E, Seattle, WA 98102
6beds
6baths
4,587sqft
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$391/sqft
$-- HOA
What's special
Hardwood floors throughoutSecure entry with lobbyFull kitchens
- 134 days |
- 752 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Michael Fladseth,
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2505422
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Radiator, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Tankless Water Heater
Features
- Flooring: Hardwood, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 4,587
- Total interior livable area: 4,587 sqft
Property
Parking
- Total spaces: 12
- Uncovered spaces: 12
Features
- Has view: Yes
- View description: City, Mountain(s), Territorial
Lot
- Size: 5,993 Square Feet
- Features: Curbs, Paved, Sidewalk, Cable TV, Gas Available, High Speed Internet
Details
- Parcel number: 6852700176
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Torch Down
Condition
- Year built: 1928
- Major remodel year: 1990
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: North Capitol Hill
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $391/sqft
- Annual tax amount: $25,179
- Date on market: 4/8/2026
- Cumulative days on market: 136 days
- Listing terms: Assumable,Conventional,See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Price change | $1,795,000-5.3%$391/sqft |
Source:  NWMLS as distributed by MLS GRID #2505422 Report a problem | ||
| 5/27/2026 | Price change | $1,895,000-5%$413/sqft |
Source: NWMLS as distributed by MLS GRID #2505422 Report a problem | ||
| 4/9/2026 | Listed for sale | $1,995,000+33%$435/sqft |
Source: NWMLS as distributed by MLS GRID #2505422 Report a problem | ||
| 12/20/2024 | Sold | $1,500,000-16.7%$327/sqft |
Source: NWMLS as distributed by MLS GRID #2301601 Report a problem | ||
| 12/3/2024 | Pending sale | $1,799,900$392/sqft |
Source: NWMLS as distributed by MLS GRID #2301601 Report a problem | ||
| 11/20/2024 | Listed for sale | $1,799,900$392/sqft |
Source: NWMLS as distributed by MLS GRID #2301601 Report a problem | ||
| 11/5/2024 | Pending sale | $1,799,900$392/sqft |
Source: NWMLS as distributed by MLS GRID #2301601 Report a problem | ||
| 10/24/2024 | Listed for sale | $1,799,900$392/sqft |
Source: NWMLS as distributed by MLS GRID #2301601 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Capitol Hill
Nearby schools
GreatSchools rating
- 3/10Lowell Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Edmonds S. Meany Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Garfield High SchoolGrades: 9-12Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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