Property Details

2350 Beacon Ave S

Seattle, WA 98144

$4,700,000

Off Market

CBA# 703072 courtesy of CBA Listing firm: Urban Commercial Partners, LLC

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Commercial

Property Type

9,900

Bldg Sq Ft

Units

1958

Year Built

Property Overview

We are pleased to present Westward Apartments, a 16-unit multifamily asset located in Seattle’s Beacon Hill neighborhood. Built in 1958 and fully renovated in 2016, the property offers a mix of one- and two-bedroom units with updated finishes and modernized building systems. The asset totals 9,900 SF across two stories on a 0.24-acre lot zoned LR3 (M2), providing both stable in-place cash flow and long-term redevelopment potential. With 100% occupancy, current in-place rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward’s North Beacon Avenue location offers residents walkable access to transit, neighborhood amenities, and proximity to major employment hubs, including Downtown Seattle, South Lake Union, and the Univers