1401 S Holgate St

Seattle, WA 98144

$4,500,000
Price
16
Beds
17
Baths
8,580 Sq. Ft.
$524 / Sq. Ft.
8,580
Sq. Ft.
$524
per Sq. Ft.
Listing provided courtesy of Urban Commercial Partners, LLC

Description

Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at...Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.
  1. Listed by Tyler J. Bretz • Urban Commercial Partners, LLC
  2. Listed by Jason Elrod • Urban Commercial Partners, LLC

Property Details for 1401 South Holgate Street

Community Name
Beacon Hill
School District
Seattle
View
Mountain(s), Territorial
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
10-02-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/10/2025 10:58 AM

Property Details for 1401 South Holgate Street

StatusActive
MLS #2440780
Days on Market97
Cumulative Days on Market96
Taxes$29,210 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.15 AC / 6,606 SF
CountyKing County

Location

Listing Courtesy of Urban Commercial Partners, LLC
Add your commute

Building Information for 1401 South Holgate Street

Stories3Residences17Year Built1957Building Size-Lot Size0.15 AC / 6,606 SF

Payment Calculator

$24,366 per month

30 year fixed, 6.15% Interest

Principal and Interest

$21,932

Property Taxes

$2,434

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1401 South Holgate Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 385 - SODO/Beacon Hill
  • Effective Year Built Source: Public Records
  • Directions: GPS
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • 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
  • Floor Covering: Laminate
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 18035
  • Power Company: Seattle City Light
  • Sewer Company: SPU
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: King County Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1997
  • Photos Count: 23
Lot Information
  • Lot Details: Corner Lot
  • Lot Size Source: King County Assessor
  • Parcel Number Free Text: 0605500000
  • Building Condition: Good
  • Calculated Square Footage: 8580
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8580.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 17
  • Units Below Grade: false
  • Units In Building Total: 16
Financing / Income and Expenses
  • Electric Expense: $808
  • Total Expenses: 125333
  • Gross Adjusted Income: 391853
  • Gross Rent Multiplier: 11.6
  • Gross Scheduled Income: $405,045
  • Insurance Expense: $24,637
  • Net Operating Income: $268,846
  • Other Expenses: $52,643
  • Total Monthly Income: 30718
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 101
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 525
  • Rent Unit 1: $1,795.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 102
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 525
  • Rent Unit 2: $1,750.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 103
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 475
  • Rent Unit 3: $1,450.00
  • Bedrooms Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 104
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 475
  • Rent Unit 4: $1,495.00
  • Bedrooms Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 201
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 525
  • Rent Unit 5: $1,695.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 202
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 525
  • Rent Unit 6: $1,725.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 203
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 550
  • Rent Unit 7: $1,595.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 204
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Square Feet Unit 8: 550
  • Rent Unit 8: $1,625.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 205
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: false
  • Square Feet Unit 9: 550
  • Rent Unit 9: $1,595.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 206
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: false
  • Square Feet Unit 10: 950
  • Rent Unit 10: $2,295.00
  • Bedrooms Unit 10: 2
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 301
  • Washer/Dryer Unit 11: true
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: false
  • Square Feet Unit 11: 525
  • Rent Unit 11: $1,725.00
  • Bedrooms Unit 11: 1
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 302
  • Washer/Dryer Unit 12: true
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: false
  • Square Feet Unit 12: 525
  • Rent Unit 12: $1,775.00
  • Bedrooms Unit 12: 1
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 303
  • Washer/Dryer Unit 13: true
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: false
  • Square Feet Unit 13: 550
  • Rent Unit 13: $1,595.00
  • Bedrooms Unit 13: 1
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 304
  • Washer/Dryer Unit 14: true
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: false
  • Square Feet Unit 14: 550
  • Rent Unit 14: $1,595.00
  • Bedrooms Unit 14: 1
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: 305
  • Washer/Dryer Unit 15: true
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: false
  • Square Feet Unit 15: 550
  • Rent Unit 15: $1,595.00
  • Bedrooms Unit 15: 1
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: 306
  • Washer/Dryer Unit 16: true
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: false
  • Square Feet Unit 16: 550
  • Rent Unit 16: $1,625.00
  • Bedrooms Unit 16: 1
  • Bathrooms Unit 16: 1
Unit 17
  • Name Unit 17: 307
  • Washer/Dryer Unit 17: true
  • Range/Oven Unit 17: true
  • Refrigerator Unit 17: true
  • Dishwasher Unit 17: false
  • Square Feet Unit 17: 550
  • Rent Unit 17: $1,595.00
  • Bedrooms Unit 17: 1
  • Bathrooms Unit 17: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7575.0

Property History for 1401 South Holgate Street

DateEvent & SourcePriceAppreciation
Dec 10, 2025

Price Change

NWMLS #2440780

$4,500,000—
Oct 2, 2025

Listed (Active)

NWMLS #2440780

$4,700,000—
Feb 16, 2017

Sold (Public Record)

Public Record #589130231

$3,465,000—
DateEvent & SourcePrice
12/10/2025

Price Change

NWMLS #2440780

$4,500,000
10/02/2025

Listed (Active)

NWMLS #2440780

$4,700,000
02/16/2017

Sold (Public Record)

Public Record #589130231

$3,465,000

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

Public Records for 1401 South Holgate Street

Taxable ValueLand$792,700Additions$1,946,300Total$2,739,000
Tax Record2024$28,431 ($2,369 / month)
Home Facts
Beds0Total Finished SqFt7,397 SqFtAbove Ground SqFt7,397 SqFtStories3Lot Size6,606 SqFtStyleCondominiumYear Built1957Year Renovated1997ZoningLR2CountyKINGAPN060550-0005

Schools near 1401 South Holgate Street

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 1401 South Holgate Street, Seattle, WA 98144

1401 South Holgate Street is a multi-family home for sale in Seattle, WA 98144. This property was listed for sale on October 2, 2025 by Urban Commercial Partners, LLC, it's currently listed at $4,500,000. It has been on the market for a total of 97 days and was last sold on February 16, 2017. This listing's school district is Seattle Public Schools. Nearby schools include Beacon Hill International School, Mercer Middle School and Franklin High School. 1401 South Holgate Street is a 16-bed, 17-bath, 8,580 sqft multi-family home built in 1957.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Urban Commercial Partners, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/06/2026 11:45 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.