2350 Beacon Ave S

16
Baths
9,900 Sq. Ft.
$475 / Sq. Ft.
9,900
Sq. Ft.
$475
per Sq. Ft.

Description

Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and...Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.
  1. Listed by Tyler J. Bretz • Urban Commercial Partners, LLC
  2. Listed by Jason Elrod • Urban Commercial Partners, LLC

Property Details for 2350 Beacon Avenue South

Community Name
Beacon Hill
School District
Seattle
View
Mountain(s), Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
10-03-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 10/03/2025 02:43 PM

Property Details for 2350 Beacon Avenue South

StatusActive
MLS #2440960
Days on Market117
Cumulative Days on Market117
Taxes$30,238 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.24 AC / 10,415 SF
CountyKing County

Location

Listing Courtesy of Urban Commercial Partners, LLC
Add your commute

Building Information for 2350 Beacon Avenue South

Stories3Residences16Year Built1958Building Size-Lot Size0.24 AC / 10,415 SF

Payment Calculator

$25,427 per month

30 year fixed, 6.15% Interest

Principal and Interest

$22,907

Property Taxes

$2,520

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2350 Beacon Avenue South

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: 2026
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • 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: Hardwood
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Torch Down
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 22104
  • 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,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: King County Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1988
  • Photos Count: 23
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Source: King County Assessor
  • Parcel Number Free Text: 5393600403
  • Calculated Square Footage: 9900
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9900.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 3
  • Vacancy Rate: 3
  • Number Of Units Total: 16
  • Units Below Grade: false
  • Units In Building Total: 16
Financing / Income and Expenses
  • Electric Expense: $1,108
  • Total Expenses: 116666
  • Gross Adjusted Income: 383110
  • Gross Rent Multiplier: 11.9
  • Gross Scheduled Income: $396,347
  • Insurance Expense: $24,383
  • Net Operating Income: $266,445
  • Other Expenses: $38,833
  • Total Monthly Income: 31148
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 01
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 625
  • Rent Unit 1: $1,860.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 02
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 625
  • Rent Unit 2: $1,750.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 03
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 700
  • Rent Unit 3: $1,822.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 04
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 625
  • Rent Unit 4: $1,690.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 05
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 625
  • Rent Unit 5: $1,695.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 06
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 800
  • Rent Unit 6: $1,895.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 07
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 625
  • Rent Unit 7: $1,695.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 08
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Square Feet Unit 8: 600
  • Rent Unit 8: $1,645.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 09
  • 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: $1,795.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 10
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: false
  • Square Feet Unit 10: 700
  • Rent Unit 10: $1,875.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 11
  • Washer/Dryer Unit 11: true
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: false
  • Square Feet Unit 11: 650
  • Rent Unit 11: $1,695.00
  • Bedrooms Unit 11: 1
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 12
  • Washer/Dryer Unit 12: true
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: false
  • Square Feet Unit 12: 650
  • Rent Unit 12: $1,748.00
  • Bedrooms Unit 12: 1
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 13
  • Washer/Dryer Unit 13: true
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: false
  • Square Feet Unit 13: 850
  • Rent Unit 13: $1,973.00
  • Bedrooms Unit 13: 2
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 14
  • Washer/Dryer Unit 14: true
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: false
  • Square Feet Unit 14: 650
  • Rent Unit 14: $1,650.00
  • Bedrooms Unit 14: 1
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: 15
  • Washer/Dryer Unit 15: true
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: false
  • Square Feet Unit 15: 1000
  • Rent Unit 15: $2,395.00
  • Bedrooms Unit 15: 2
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: 16
  • Washer/Dryer Unit 16: true
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: false
  • Square Feet Unit 16: 500
  • Rent Unit 16: $1,495.00
  • Bedrooms Unit 16: 1
  • Bathrooms Unit 16: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9700.0

Property History for 2350 Beacon Avenue South

DateEvent & SourcePriceAppreciation
Oct 3, 2025

Listed (Active)

NWMLS #2440960

$4,700,000—
Dec 14, 2006

Sold (Public Record)

Public Record #211601512

$1,294,000—
DateEvent & SourcePrice
10/03/2025

Listed (Active)

NWMLS #2440960

$4,700,000
12/14/2006

Sold (Public Record)

Public Record #211601512

$1,294,000

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

Public Records for 2350 Beacon Avenue South

Taxable ValueLand$1,353,900Additions$1,490,100Total$2,844,000
Tax Record2024$30,295 ($2,525 / month)
Home Facts
Total Finished SqFt9,690 SqFtAbove Ground SqFt9,690 SqFtStories2Lot Size10,415 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Year Renovated1988ZoningLR3 (M2)CountyKINGAPN539360-0403

Schools near 2350 Beacon 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 - PK to 12
Rating
School
Distance
Beacon Hill International School
PublicK to 5

Mercer Middle School
Public6 to 8

Franklin High School
Public9 to 12

Bridges Transition
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.

Similar Homes

Similar Sold Homes

2350 Beacon Avenue South is a multi-family home for sale in Seattle, WA 98144. This property was listed for sale on October 3, 2025 by Urban Commercial Partners, LLC, it's currently listed at $4,700,000. It has been on the market for a total of 117 days and was last sold on December 14, 2006. This listing's school district is Seattle Public Schools. Nearby schools include Beacon Hill International School, Mercer Middle School and Franklin High School. 2350 Beacon Avenue South is a 19-bed, 16-bath, 9,900 sqft multi-family home built in 1958.

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 01/28/2026 04:32 AM. 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.