1512 12th Ave S

—
Beds
—
Baths
3,431 Sq. Ft.
$444 / Sq. Ft.
3,431
Sq. Ft.
$444
per Sq. Ft.

Description

Beacon Hill 7-Unit, a fully renovated, turnkey multifamily property completed in 2024. Located at the norther edge of Beacon Hill, this high-quality asset offers a well-balanced mix of modern residences; One ADA-compliant 3-bedroom, 1-bath unit with a private secure garage; Two well-appointed 1-bedroom, 1-bath units; Four contemporary Loft SEDU units. Each residence is meticulously designed with luxury finishes, including LVP flooring, quartz countertops, stainless steel appliances, and premium kitchen...Beacon Hill 7-Unit, a fully renovated, turnkey multifamily property completed in 2024. Located at the norther edge of Beacon Hill, this high-quality asset offers a well-balanced mix of modern residences; One ADA-compliant 3-bedroom, 1-bath unit with a private secure garage; Two well-appointed 1-bedroom, 1-bath units; Four contemporary Loft SEDU units. Each residence is meticulously designed with luxury finishes, including LVP flooring, quartz countertops, stainless steel appliances, and premium kitchen and bathroom fixtures. Residents enjoy in-unit air conditioning, washers and dryers, and expansive windows that maximize natural light, creating an inviting and comfortable living space.
  1. Listed by Curran C. Hagstrom • Westlake Associates, Inc.
    P: (206)-505-9400 curran@westlakeassociates.com
  2. Listed by Collin Hagstrom • Westlake Associates, Inc.
    P: (206)-505-9400 hagstrom@westlakeassociates.com

Property Details for 1512 12th Avenue South

Community Name
N Beacon Hill
School District
Seattle
Number of Assigned Spaces
2
Total Covered Parking
1
Entry Date
02-18-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 10/17/2025 04:04 AM

Property Details for 1512 12th Avenue South

StatusSold
MLS #2333604
Days on Market70
Cumulative Days on Market71
Taxes$12,549 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.07 AC / 3,200 SF
CountyKing County

Location

Listing Courtesy of Westlake Associates, Inc.

Sold By ZNonMember-Office-MLS

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Building Information for 1512 12th Avenue South

Stories3Residences7Year Built2024Building Size-Lot Size0.07 AC / 3,200 SF

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Principal and Interest

$7,599

Property Taxes

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HOA Dues

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Property Information for 1512 12th Avenue South

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Deck, Fenced-Partially
  • Area: 385 - SODO/Beacon Hill
  • Directions: On I-5 S from downtown Seattle, take exit 164. Left on ramp to S Dearborn St. Left on Rainier Ave S. Left on S Weller St. Left on 12th Ave S. Site is on left just after S Atlantic St.
  • 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: 1.0
  • 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
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • New Construction: Completed
  • Cooling: Yes
  • Cooling: Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Wood Products
  • Roof: Built-Up
  • Security Features: Partially Fenced
Property
Utilities
  • Water/Sewer/Garbage: 7700
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Estimated Completion Date: 2024-06-01
  • First Right Of Refusal: false
  • MLS Square Footage Source: King County Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 19
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: King County Assessor
  • Parcel Number Free Text: 7660100240
  • Building Condition: Very Good
  • Calculated Square Footage: 3431
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3431.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 7
  • Units Below Grade: false
  • Units In Building Total: 7
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 43899
  • Gross Adjusted Income: 138624
  • Gross Rent Multiplier: 10.96
  • Gross Scheduled Income: $145,920
  • Insurance Expense: $6,969
  • Net Operating Income: $94,724
  • Other Expenses: $16,681
  • Total Monthly Income: 12160
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 7
  • Square Feet Unit 1: 365
  • Rent Unit 1: $1,550.00
Unit 2
  • Name Unit 2: 6
  • Square Feet Unit 2: 350
  • Rent Unit 2: $1,320.00
Unit 3
  • Name Unit 3: 5
  • Square Feet Unit 3: 350
  • Rent Unit 3: $1,350.00
Unit 4
  • Name Unit 4: 4
  • Square Feet Unit 4: 365
  • Rent Unit 4: $1,470.00
Unit 5
  • Name Unit 5: 3
  • Square Feet Unit 5: 582
  • Rent Unit 5: $2,020.00
Unit 6
  • Name Unit 6: 2
  • Square Feet Unit 6: 582
  • Rent Unit 6: $1,850.00
Unit 7
  • Name Unit 7: 1
  • Square Feet Unit 7: 837
  • Rent Unit 7: $2,400.00
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3431.0

Property History for 1512 12th Avenue South

DateEvent & SourcePriceAppreciation
Sep 16, 2025

Sold (Public Record)

Public Record #1912350445

$1,522,200

+3.3% / yr

Sep 16, 2025

Sold

NWMLS #2333604

$1,525,000—
Apr 30, 2025

Pending

NWMLS #2333604

—
DateEvent & SourcePrice
09/16/2025

Sold (Public Record)

Public Record #1912350445

$1,522,200

+3.3% / yr

09/16/2025

Sold

NWMLS #2333604

$1,525,000
04/30/2025

Pending

NWMLS #2333604

—

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

Public Records for 1512 12th Avenue South

Taxable ValueLand$416,000Additions$895,000Total$1,311,000
Tax Record2025$13,627 ($1,136 / month)
Home Facts
Baths2.5Total Finished SqFt2,926 SqFtAbove Ground SqFt2,926 SqFtStories3Lot Size3,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1927Year Renovated2014ZoningLR3 (M)CountyKINGAPN766010-0240Fireplace TypeHas Fireplace

Schools near 1512 12th 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.

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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 Westlake Associates, Inc.

Based on information submitted to the MLS GRID as of 10/17/2025 04:04 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.