1120 14th Avenue South

Seattle, WA 98144

$2,799,000
Price
14
Beds
13.75
Baths
6,424 Sq. Ft.
$436 / Sq. Ft.
6,424
Sq. Ft.
$436
per Sq. Ft.

Description

Attractive 13 unit apartment building located in the highly desirable N Beacon Hill neighborhood. The Parkview has undergone a series of recent upgrades, including new exterior paint and remodeled units boasting new cabinets, stone countertops, flooring, and appliance packages. The building is thoughtfully equipped with a secured entry, low-maintenance landscaping, a spacious patio for tenants, as well as common laundry facilities and ample parking. Prospective buyers will find additional upside...Attractive 13 unit apartment building located in the highly desirable N Beacon Hill neighborhood. The Parkview has undergone a series of recent upgrades, including new exterior paint and remodeled units boasting new cabinets, stone countertops, flooring, and appliance packages. The building is thoughtfully equipped with a secured entry, low-maintenance landscaping, a spacious patio for tenants, as well as common laundry facilities and ample parking. Prospective buyers will find additional upside by capitalizing on the development possibilities of this generously sized 13,074 square foot LR3 (M) zoned lot. With ample space available, there is room to re-imagine the existing parking area and potentially add more units.
  1. Listed by Ryan Iles • Paragon Real Estate Advisors
  2. Listed by Nick Hemming • Paragon Real Estate Advisors

Property Details for 1120 14th Avenue South

Community Name
N Beacon Hill
School District
Seattle
Number of Assigned Spaces
13
Total Covered Parking
0
Entry Date
02-05-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Paragon Real Estate Advisors
Add your commute
LISTING UPDATED: 05/29/2024 12:12 PM

Property Details for 1120 14th Avenue South

StatusActive
MLS #2196971
Days on Market117
Cumulative Days on Market231
Taxes$24,566 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.30 AC / 13,074 SF
CountyKing County

Location

Listing Courtesy of Paragon Real Estate Advisors
Add your commute

Building Information for 1120 14th Avenue South

Stories2Residences13Year Built1958Building Size-Lot Size0.30 AC / 13,074 SF

Payment Calculator

$17,322 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,275

Property Taxes

$2,047

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1120 14th Avenue South

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 385 - SODO/Beacon Hill
  • Directions: From I5 S take exit 164 for I90 E toward Bellevue. Keep right. Follow signs for Dearborn St. L on S Dearborn. L on Rainier Ave S. L on S Weller. L of 12th ave s. Slight R on 14th Ave S.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 13.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Engineered Hardwood, Laminate
  • Features: Laminate Hardwood
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
Exterior Features
  • Exterior: Brick, Cement/Concrete
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 13226
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Block, Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 35
Lot Information
  • Lot Size Source: Public Record
  • Parcel Number Free Text: 2829600260
  • Calculated Square Footage: 6424
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6424.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 13
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 13
  • Units Below Grade: false
  • Units In Building Total: 13
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 58578
  • Gross Adjusted Income: 220694
  • Gross Rent Multiplier: 12.3
  • Gross Scheduled Income: $227,520
  • Insurance Expense: $4,986
  • Net Operating Income: $162,116
  • Other Expenses: $15,800
  • Total Monthly Income: 18960
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 103
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 453
  • Rent Unit 1: $1,360.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 104
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 453
  • Rent Unit 2: $1,370.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 102
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 453
  • Rent Unit 3: $1,360.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 101
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 453
  • Rent Unit 4: $1,545.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 105
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 453
  • Rent Unit 5: $1,360.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 106
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 988
  • Rent Unit 6: $1,880.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 2
Unit 7
  • Name Unit 7: 201
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 453
  • Rent Unit 7: $1,410.00
  • Bedrooms Unit 7: 1
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 202
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Square Feet Unit 8: 453
  • Rent Unit 8: $1,265.00
  • Bedrooms Unit 8: 1
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 203
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: false
  • Square Feet Unit 9: 453
  • Rent Unit 9: $1,400.00
  • Bedrooms Unit 9: 1
  • Fireplaces Unit 9: 0
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 204
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: false
  • Square Feet Unit 10: 453
  • Rent Unit 10: $1,375.00
  • Bedrooms Unit 10: 1
  • Fireplaces Unit 10: 0
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 205
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: false
  • Square Feet Unit 11: 453
  • Rent Unit 11: $1,410.00
  • Bedrooms Unit 11: 1
  • Fireplaces Unit 11: 0
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 207
  • Washer/Dryer Unit 12: false
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: false
  • Square Feet Unit 12: 453
  • Rent Unit 12: $1,252.00
  • Bedrooms Unit 12: 1
  • Fireplaces Unit 12: 0
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 206
  • Washer/Dryer Unit 13: false
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: false
  • Square Feet Unit 13: 453
  • Rent Unit 13: $1,280.00
  • Bedrooms Unit 13: 1
  • Fireplaces Unit 13: 0
  • Bathrooms Unit 13: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6424.0
  • Leasable Area Units: Square Feet

Property History for 1120 14th Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1120 14th Avenue South

Taxable ValueLand$1,699,600Additions$1,230,400Total$2,930,000
Tax Record2022$25,871 ($2,156 / month)
Home Facts
Total Finished SqFt6,383 SqFtAbove Ground SqFt6,383 SqFtStories2Lot Size13,074 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Year Renovated1992ZoningLR3 (M)CountyKINGAPN282960-0260

Schools near 1120 14th Avenue South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Beacon Hill International School
PublicK to 5

Mercer Middle School
Public6 to 8

Franklin High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1120 14th Avenue South is a multi-family home for sale in Seattle, WA 98144. This property was listed for sale on February 5, 2024 by Paragon Real Estate Advisors, it's currently listed at $2,799,000. It has been on the market for a total of 117 days and was last sold on July 25, 2016. This listing's school district is Seattle Public Schools. Nearby schools include Beacon Hill International School, Mercer Middle School and Franklin High School. 1120 14th Avenue South is a 14-bed, 13.75-bath, 6,424 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paragon Real Estate Advisors

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.