213 1st Ave S

Seattle, WA 98104

$5,200,000
Price
—
Beds
—
Baths
16,974 Sq. Ft.
$306 / Sq. Ft.
16,974
Sq. Ft.
$306
per Sq. Ft.
Listed By Compass
Listed By Compass
a front view of a building with parking space
a living room with furniture and a large window
a living room with furniture and a flat screen tv
a view of a dining room with furniture and a rug
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a bedroom with a bed and a table
a kitchen with a sink refrigerator and cabinets
a bedroom with a bed and wooden floor
a bathroom with a sink toilet and shower
a view of an empty room
a view of porch with seating space
a city view with lot of high rise buildings
a view of a building
Listing provided courtesy of Compass

Description

Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Built in 1900, this well maintained 4 story building blends historic character with modernity, for dependable returns and future growth. Residential units offer 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 micro lofts, and 1 large studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with on-site laundry and an...Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Built in 1900, this well maintained 4 story building blends historic character with modernity, for dependable returns and future growth. Residential units offer 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 micro lofts, and 1 large studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with on-site laundry and an elevator. On the ground level, two retail spaces are fully leased, ensuring steady cash flow. Set on bustling 1st St with street parking and a Walk Score of 96, this asset stands as a dynamic investment opportunity in the heart of Pioneer Square.

Listing Agents

  1. Ben Kaufman

    Ben Kaufman

    Listing Agent

    Compass

    ben.kaufman@compass.com

    P: (206)-300-0115

    CallTextEmail
  2. Nicole Allen

    Nicole Allen

    Alternative Listing Agent

    Compass

    nicole.allen@compass.com

    P: (206)-229-0790

    CallTextEmail

Property Details for 213 1st Avenue South

Community Name
Pioneer Square
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
02-20-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2025 05:43 PM

Property Details for 213 1st Avenue South

StatusActive
MLS #2335192
Days on Market306
Cumulative Days on Market306
Taxes$35,662 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.08 AC / 3,330 SF
CountyKing County
Buyer's Agent Compensation2%

Location

Listing Courtesy of Compass
Add your commute

Building Information for 213 1st Avenue South

Stories4Residences15Year Built1900Building Size-Lot Size0.08 AC / 3,330 SF

Payment Calculator

$28,667 per month

30 year fixed, 6.28% Interest

Principal and Interest

$25,695

Property Taxes

$2,972

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 213 1st Avenue South

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 701 - Belltown/Downtown Seattle
  • Effective Year Built Source: Public Records
  • Directions: On the West side of 1st Street between S Washington St and S Main St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • 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: Ceramic Tile, Hardwood, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Radiator
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Log
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 12692
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Remarks: Residential,Retail
  • First Right Of Refusal: false
  • Possible Use: Residential, Retail
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1987
  • Photos Count: 17
Lot Information
  • Lot Size Source: public record
  • Parcel Number Free Text: 5247800110
  • Calculated Square Footage: 16974
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 16974.0
  • 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: 4
  • Vacancy Rate: 5
  • Number Of Units Total: 15
  • Units Below Grade: true
  • Units In Building Total: 15
Financing / Income and Expenses
  • Electric Expense: $12,692
  • Total Expenses: 138076
  • Gross Adjusted Income: 459534
  • Gross Rent Multiplier: 10.85
  • Gross Scheduled Income: $479,148
  • Insurance Expense: $30,649
  • Net Operating Income: $321,455
  • Other Expenses: $33,689
  • Total Monthly Income: 39929
  • Fuel Expense: $12,692
Unit 1
  • Name Unit 1: 1
  • Square Feet Unit 1: 700
  • Rent Unit 1: $2,000.00
Unit 2
  • Name Unit 2: 2
  • Square Feet Unit 2: 700
  • Rent Unit 2: $2,000.00
Unit 3
  • Name Unit 3: 3
  • Square Feet Unit 3: 700
  • Rent Unit 3: $1,831.00
Unit 4
  • Name Unit 4: 4
  • Square Feet Unit 4: 675
  • Rent Unit 4: $1,850.00
Unit 5
  • Name Unit 5: 5
  • Square Feet Unit 5: 378
  • Rent Unit 5: $1,400.00
Unit 6
  • Name Unit 6: 6
  • Square Feet Unit 6: 378
  • Rent Unit 6: $1,450.00
Unit 7
  • Name Unit 7: 7
  • Square Feet Unit 7: 378
  • Rent Unit 7: $1,400.00
Unit 8
  • Name Unit 8: 8
  • Square Feet Unit 8: 378
  • Rent Unit 8: $1,500.00
Unit 9
  • Name Unit 9: 9
  • Square Feet Unit 9: 1329
  • Rent Unit 9: $2,200.00
Unit 10
  • Name Unit 10: 10
  • Square Feet Unit 10: 824
  • Rent Unit 10: $2,050.00
Unit 11
  • Name Unit 11: 11
  • Square Feet Unit 11: 824
  • Rent Unit 11: $2,050.00
Unit 12
  • Name Unit 12: 12
  • Square Feet Unit 12: 824
  • Rent Unit 12: $1,900.00
Unit 13
  • Name Unit 13: 13
  • Square Feet Unit 13: 654
  • Rent Unit 13: $1,900.00
Unit 14
  • Name Unit 14: Retail 1
  • Square Feet Unit 14: 2843
  • Rent Unit 14: $7,037.00
Unit 15
  • Name Unit 15: Retail 2
  • Square Feet Unit 15: 3727
  • Rent Unit 15: $2,121.00
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 16974.0

Property History for 213 1st Avenue South

DateEvent & SourcePriceAppreciation
Jun 24, 2025

Price Change

NWMLS #2335192

$5,200,000—
Feb 20, 2025

Listed (Active)

NWMLS #2335192

$5,500,000—
Mar 18, 2022

Sold (Public Record)

Public Record #1486920731

$4,765,000—
DateEvent & SourcePrice
06/24/2025

Price Change

NWMLS #2335192

$5,200,000
02/20/2025

Listed (Active)

NWMLS #2335192

$5,500,000
03/18/2022

Sold (Public Record)

Public Record #1486920731

$4,765,000

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

Public Records for 213 1st Avenue South

Taxable ValueLand$1,448,500Additions$2,349,900Total$3,798,400
Tax Record2024$36,231 ($3,019 / month)
Home Facts
Total Finished SqFt16,974 SqFtAbove Ground SqFt16,974 SqFtStories4Lot Size3,330 SqFtStyleOffice BuildingYear Built1900Year Renovated1987ZoningPSM-100CountyKINGAPN524780-0110

Schools near 213 1st Avenue South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Lowell Elementary School
Public - PK to 5
Edmonds S. Meany Middle School
Public - 6 to 8
Garfield High School
Public - 9 to 12
The Seattle Public Schools Skills Center
Public - 9 to 12
Rating
School
Distance
Lowell Elementary School
PublicPK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield 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 213 1st Avenue South, Seattle, WA 98104

213 1st Avenue South is a multi-family home for sale in Seattle, WA 98104. This property was listed for sale on February 20, 2025 by Compass, it's currently listed at $5,200,000. It has been on the market for a total of 306 days and was last sold on March 18, 2022. This listing's school district is Seattle Public Schools. Nearby schools include Lowell Elementary School, Edmonds S. Meany Middle School and Garfield High School. 213 1st Avenue South is a 0-bed, 0-bath, 16,974 sqft multi-family home built in 1900.

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 Compass

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 10:50 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.