1312 15th Ave S

Seattle, WA 98144

$899,990
Price
6
Beds
4
Baths
2,301 Sq. Ft.
$391 / Sq. Ft.
2,301
Sq. Ft.
$391
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Listing provided courtesy of KW Greater Seattle
Source: Northwest MLS

Description

In-city Seattle multifamily rental with strong demand and long-term potential in the highly desirable 98144 / North Beacon Hill area. This property offers dependable rental income, a convenient location, and a clear path to future value through market rent alignment and strategic improvements. With a proven history of long-term tenants and low vacancy, it’s the kind of asset investors look for today, with room to grow. Easy access to downtown Seattle and major commuter routes makes it a smart addition...In-city Seattle multifamily rental with strong demand and long-term potential in the highly desirable 98144 / North Beacon Hill area. This property offers dependable rental income, a convenient location, and a clear path to future value through market rent alignment and strategic improvements. With a proven history of long-term tenants and low vacancy, it’s the kind of asset investors look for today, with room to grow. Easy access to downtown Seattle and major commuter routes makes it a smart addition to any portfolio or an excellent first multifamily purchase. This property with solid bones and a beautiful location offers a great opportunity for buyers ready to add value. With a little work and vision, this property has the potential to shine and deliver long-term returns.
  1. Listed by Mahlet Altaye • KW Greater Seattle
    P: (206)-632-2636 mahlet_mezlekia@yahoo.com

Property Details for 1312 15th Avenue South

Community Name
Beacon Hill
School District
Seattle
View
Mountains, Territorial
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
05-20-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 05/20/2026 09:13 AM

Property Details for 1312 15th Avenue South

StatusActive
MLS #2526828
Days on Market21
Cumulative Days on Market56
Taxes$8,771 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.08 AC / 3,457 SF
CountyKing County
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Location

Listing Courtesy of KW Greater Seattle
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Building Information for 1312 15th Avenue South

Stories4Residences4Year Built1945Building Size-Lot Size0.08 AC / 3,457 SF

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$5,216 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,485

Property Taxes

$731

HOA Dues

$0

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Property Information for 1312 15th Avenue South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 385 - SODO/Beacon Hill
  • Elementary School: Beacon Hill
  • Middle Or Junior School: Wash Mid
  • Effective Year Built Source: Public Records
  • Directions: GPS friendly.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking: No
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
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 9600
  • Power Company: Seattle City Light
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: See Remarks
  • Year Built Effective: 1945
  • Photos Count: 13
Lot Information
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7133300120
  • Building Condition: Average
  • Calculated Square Footage: 2301
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2301.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 4
  • Number of Stories in Building: 4
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: true
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $500
  • Total Expenses: 21197
  • Gross Adjusted Income: 53100
  • Gross Rent Multiplier: 18.31
  • Gross Scheduled Income: $54,600
  • Insurance Expense: $1,026
  • Net Operating Income: $31,903
  • Other Expenses: $1,300
  • Total Monthly Income: 4550
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 650
  • Rent Unit 1: $1,600.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 650
  • Rent Unit 2: $1,400.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 400
  • Rent Unit 3: $800.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 400
  • Rent Unit 4: $750.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2521.0

Property History for 1312 15th Avenue South

DateEvent & SourcePriceAppreciation
May 20, 2026

Listed (Active)

NWMLS #2526828

$899,990—
Mar 9, 2012

Sold

NWMLS #306777

$262,500—
Mar 7, 2012

Sold (Public Record)

Public Record #325339963

$262,500—
DateEvent & SourcePrice
05/20/2026

Listed (Active)

NWMLS #2526828

$899,990
03/09/2012

Sold

NWMLS #306777

$262,500
03/07/2012

Sold (Public Record)

Public Record #325339963

$262,500

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

Public Records for 1312 15th Avenue South

Taxable ValueLand$414,000Additions$500,000Total$914,000
Tax Record2025$9,743 ($812 / month)
Home Facts
Total Finished SqFt2,300 SqFtAbove Ground SqFt2,300 SqFtStories4Lot Size3,457 SqFtStyleMulti-Family Res (5+ Units)Year Built1945Year Renovated1980ZoningLR2 (M)CountyKINGAPN713330-0120

Schools near 1312 15th Avenue South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Beacon Hill International School
Public - K to 5
Mercer Middle School
Public - 6 to 8
Franklin High School
Public - 9 to 12
The Seattle Public Schools Skills Center
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

The Seattle Public Schools Skills Center
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.

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More information about 1312 15th Avenue South, Seattle, WA 98144

1312 15th Avenue South is a multi-family home for sale in Seattle, WA 98144. This property was listed for sale on May 20, 2026 by KW Greater Seattle, it's currently listed at $899,990. It has been on the market for a total of 21 days and was last sold on March 9, 2012. This listing's school district is Seattle Public Schools. Nearby schools include Beacon Hill International School, Mercer Middle School and Franklin High School. 1312 15th Avenue South is a 6-bed, 4-bath, 2,301 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Greater Seattle

Based on information submitted to the MLS GRID as of 05/20/2026 09:13 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.