Property Details
2350 Beacon Avenue S
Seattle, WA 98144
$4,700,000
Active
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About This Home
Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Beacon Hill
Listed
Oct 3, 2025
Interior Features
Bathrooms
0.0
Stories
3
Exterior & Lot
Lot Size
0.24 sqft
Year Built
1958
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Paved
Exterior Features
Brick, Wood
Location
City
Seattle
County
King
Coordinates
47.58210, -122.31561
Schools
School District
Seattle
Additional Information
Tax Year
2026
Annual Taxes
$30,238
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
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