Property Details
1745 12th Avenue S #1 – 4
Seattle, WA 98144
$1,749,500
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Property Overview
4-Unit Investment Opportunity | 3.5 Assumable VA Loan @3.5% | Perfect Owner-Occupant / House Hack | Beacon Hill Views | Exceptional opportunity to own a well-located 4-unit property on North Beacon Hill with sweeping Sound, city, and mountain views. This classic 1900-built building offers character, flexibility, and strong appeal for investors, owner-occupants, and potential short-term rental use. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, 1-bedroom garden unit, plus a non-conforming caretaker unit. With units coming available, this is a prime opportunity for an owner-user to step in while maintaining rental income. The top unit also benefits from solar offset for electric use. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. A standout North Beacon Hill asset with income, views, flexible living options, and long-term upside. Ideal for house hacking, multi-generational living, or long-term investment.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
N Beacon Hill
Listed
May 1, 2026
Structure Type
Quadruplex
Parcel Number
766060021009
Tax & HOA
Annual Property Tax
$11,766 (2025)
Est. Monthly Tax
$981/mo
Financial Summary
Cap Rate
5.20%
Net Operating Income
$84,630
Gross Scheduled Income
$114,747
Gross Rent Multiplier
16.03
Total Expenses
$21,166
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
4,589
Leasable Area
4,047 sqft
Total Units
5
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
5,998 sqft
Year Built
1900
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1900
Exterior Materials
Cement Plank, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Cement Planked, Wood Products
Community & Access
Directions
Boren to 12th Ave South, or 190 exit 3B Rainier – North on Rainer, turn south on 12th.
Location
City
Seattle
County
King
Coordinates
47.58704, -122.31766
Additional Information
Tax Year
2025
Annual Taxes
$11,766
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:08 AM. 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 is 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. Copyright 2026 NWMLS. All rights reserved.
IDX information is 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. Copyright 2026 NWMLS. All rights reserved.
