301 East Thomas Street

Seattle, WA 98102

$4,750,000
Price
22
Beds
17
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

With a Walk Score of 95, your tenants won't need a car, but there is adequate parking, garage and open, a rarity on Capitol Hill. Concrete and steel construction. New roof in 2023. New Exterior Paint in 2022. Copper plumbing and upgraded electrical.With a Walk Score of 95, your tenants won't need a car, but there is adequate parking, garage and open, a rarity on Capitol Hill. Concrete and steel construction. New roof in 2023. New Exterior Paint in 2022. Copper plumbing and upgraded electrical.
  1. Listed by Bob S Wright • Capstone Commercial

Property Details for 301 East Thomas Street

Community Name
Capitol Hill
School District
Seattle
Number of Assigned Spaces
17
Total Covered Parking
6
Entry Date
03-27-2024
Energy Source
Electric
Sewer
Available

Location

Listing Courtesy of Capstone Commercial
Add your commute
LISTING UPDATED: 03/28/2024 03:58 PM

Property Details for 301 East Thomas Street

StatusActive
MLS #2215891
Days on Market36
Cumulative Days on Market35
Taxes$47,415 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.17 AC / 7,200 SF
CountyKing County

Location

Listing Courtesy of Capstone Commercial
Add your commute

Building Information for 301 East Thomas Street

Stories4Residences17Year Built1959Building Size-Lot Size0.17 AC / 7,200 SF

Payment Calculator

$29,874 per month

30 year fixed, 7.25% Interest

Principal and Interest

$25,923

Property Taxes

$3,951

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 301 East Thomas Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 390 - Central Seattle
  • Block: 35
  • Directions: From the North on I5, exit at Denny/Stewart, left on Denny, left again on Melrose. From the South io I5, exit on Olive Way, left on Bellevue, left again on Thomas St.
  • Leased Items: Washer/Dryer
  • 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: 11.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Cement/Concrete
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 28410
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Concrete Ribbon
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Lot Number: 1
  • Lot Size Source: King County Records
  • Parcel Number Free Text: 6848200105
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 11
  • Number of Stories in Building: 4
  • Vacancy Rate: 3
  • Number Of Units Total: 17
  • Units Below Grade: false
  • Units In Building Total: 17
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 154723
  • Gross Adjusted Income: 346406
  • Gross Rent Multiplier: 13.3
  • Gross Scheduled Income: $357,120
  • Insurance Expense: $8,413
  • Net Operating Income: $191,683
  • Other Expenses: $70,485
  • Total Monthly Income: 29760
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 626
  • Rent Unit 1: $1,227.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: A2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 626
  • Rent Unit 2: $1,590.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: A3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 626
  • Rent Unit 3: $1,185.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: A4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 626
  • Rent Unit 4: $1,675.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: B1
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 604
  • Rent Unit 5: $1,550.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: B2
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 604
  • Rent Unit 6: $1,550.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: B3
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 604
  • Rent Unit 7: $1,550.00
  • Bedrooms Unit 7: 1
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: B4
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 604
  • Rent Unit 8: $1,350.00
  • Bedrooms Unit 8: 1
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: C1
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 586
  • Rent Unit 9: $1,500.00
  • Bedrooms Unit 9: 1
  • Fireplaces Unit 9: 0
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: C2
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 586
  • Rent Unit 10: $1,565.00
  • Bedrooms Unit 10: 1
  • Fireplaces Unit 10: 0
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: C3
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 586
  • Rent Unit 11: $1,170.00
  • Bedrooms Unit 11: 1
  • Fireplaces Unit 11: 0
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: C4
  • Washer/Dryer Unit 12: false
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 586
  • Rent Unit 12: $1,250.00
  • Bedrooms Unit 12: 1
  • Fireplaces Unit 12: 0
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: D1
  • Washer/Dryer Unit 13: false
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: true
  • Square Feet Unit 13: 921
  • Rent Unit 13: $1,850.00
  • Bedrooms Unit 13: 2
  • Fireplaces Unit 13: 0
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: D2
  • Washer/Dryer Unit 14: false
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: true
  • Square Feet Unit 14: 921
  • Rent Unit 14: $2,150.00
  • Bedrooms Unit 14: 2
  • Fireplaces Unit 14: 0
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: D3
  • Washer/Dryer Unit 15: false
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: true
  • Square Feet Unit 15: 921
  • Rent Unit 15: $1,725.00
  • Bedrooms Unit 15: 2
  • Fireplaces Unit 15: 0
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: D4
  • Washer/Dryer Unit 16: false
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: true
  • Square Feet Unit 16: 921
  • Rent Unit 16: $1,900.00
  • Bedrooms Unit 16: 2
  • Fireplaces Unit 16: 0
  • Bathrooms Unit 16: 1
Unit 17
  • Name Unit 17: D5
  • Washer/Dryer Unit 17: false
  • Range/Oven Unit 17: true
  • Refrigerator Unit 17: true
  • Dishwasher Unit 17: true
  • Square Feet Unit 17: 921
  • Rent Unit 17: $1,800.00
  • Bedrooms Unit 17: 2
  • Fireplaces Unit 17: 0
  • Bathrooms Unit 17: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 11896.0
  • Leasable Area Units: Square Feet

Property History for 301 East Thomas Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 301 East Thomas Street

Taxable ValueLand$2,880,000Additions$2,861,000Total$5,741,000
Tax Record2022$47,766 ($3,980 / month)
Home Facts
Total Finished SqFt11,934 SqFtAbove Ground SqFt11,934 SqFtStories4Lot Size7,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1959Year Renovated1993ZoningMR (M)CountyKINGAPN684820-0105

Schools near 301 East Thomas 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
Lowell Elementary School
PublicPK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Hutch School
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

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Similar Sold Homes

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301 East Thomas Street is a multi-family home for sale in Seattle, WA 98102. This property was listed for sale on March 27, 2024 by Capstone Commercial, it's currently listed at $4,750,000. This listing's school district is Seattle Public Schools. Nearby schools include Lowell Elementary School, Edmonds S. Meany Middle School and Garfield High School. 301 East Thomas Street is a 22-bed, 17-bath, multi-family home built in 1959.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Capstone Commercial

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.