2123 E James St

5
Baths
4,800 Sq. Ft.
$469 / Sq. Ft.
4,800
Sq. Ft.
$469
per Sq. Ft.

Description

The Caroline Apartments, a recently completely renovated 5-unit multifamily property located in the vibrant Central District of Seattle. Situated at 2123 E James Street, this property offers investors a rare opportunity to acquire a well-positioned asset in one of Seattle’s most historic and rapidly evolving neighborhoods. The property features a mix of one and two bedroom apartments, averaging an impressive 960 square feet per unit, providing residents with spacious layouts uncommon in the urban...The Caroline Apartments, a recently completely renovated 5-unit multifamily property located in the vibrant Central District of Seattle. Situated at 2123 E James Street, this property offers investors a rare opportunity to acquire a well-positioned asset in one of Seattle’s most historic and rapidly evolving neighborhoods. The property features a mix of one and two bedroom apartments, averaging an impressive 960 square feet per unit, providing residents with spacious layouts uncommon in the urban core. A must see!
  1. Listed by J. Casey Losh • Ewing & Clark, Inc.

Property Details for 2123 East James Street

Community Name
Central Area
School District
Seattle
Total Covered Parking
0
Entry Date
02-02-2026
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 02/02/2026 05:58 PM

Property Details for 2123 East James Street

StatusActive
MLS #2476000
Days on MarketListed Today
Cumulative Days on Market0
Taxes$11,825 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.06 AC / 2,660 SF
CountyKing County

Location

Listing Courtesy of Ewing & Clark, Inc.
Add your commute

Building Information for 2123 East James Street

Stories2Residences5Year Built1910Building Size-Lot Size0.06 AC / 2,660 SF

Payment Calculator

$11,952 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,966

Property Taxes

$985

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2123 East James Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Gas Available, High Speed Internet
  • Area: 390 - Central Seattle
  • Effective Year Built Source: Public Records
  • Directions: From I-5 take James St east. Turn right onto 21st Ave. Turn left onto E James St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • 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: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked, Wood
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5525
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Utilities
  • Water Company: Seattle Utilities
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Remarks: Multi-Family
  • Possible Use: Multi-Family
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2025
  • Photos Count: 3
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Source: KCR
  • Parcel Number Free Text: 9126101040
  • Building Condition: Remodeled
  • Calculated Square Footage: 4800
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4800.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 3
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 5
  • Units Below Grade: true
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 40995
  • Gross Adjusted Income: 163590
  • Gross Rent Multiplier: 13.07
  • Gross Scheduled Income: $172,200
  • Insurance Expense: $2,177
  • Net Operating Income: $169,887
  • Other Expenses: $21,468
  • Total Monthly Income: 14875
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 900
  • Rent Unit 1: $3,250.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 900
  • Rent Unit 2: $2,400.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 900
  • Rent Unit 3: $3,250.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 900
  • Rent Unit 4: $3,250.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1200
  • Rent Unit 5: $2,200.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4800.0

Property History for 2123 East James Street

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Listed (Active)

NWMLS #2476000

$2,250,000
DateEvent & SourcePrice
02/02/2026

Listed (Active)

NWMLS #2476000

$2,250,000

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

Public Records for 2123 East James Street

Taxable ValueLand$665,000Additions$566,000Total$1,231,000
Tax Record2024$17,238 ($1,436 / month)
Home Facts
Total Finished SqFt4,800 SqFtAbove Ground SqFt4,800 SqFtStories2Lot Size2,660 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910Year Renovated2019ZoningLR2 (M)CountyKINGAPN912610-1040

Schools near 2123 East James Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Gatzert Elementary School
PublicPK to 5

Washington Middle School
Public6 to 8

Garfield High School
Public9 to 12

Residential Consortium
PublicPK 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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2123 East James Street is a multi-family home for sale in Seattle, WA 98122. This property was listed for sale on February 2, 2026 by Ewing & Clark, Inc., it's currently listed at $2,250,000. This listing's school district is Seattle Public Schools. Nearby schools include Gatzert Elementary School, Washington Middle School and Garfield High School. 2123 East James Street is a 9-bed, 5-bath, 4,800 sqft multi-family home built in 1910.

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 Ewing & Clark, Inc.

Based on information submitted to the MLS GRID as of 02/02/2026 05:58 PM. 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.