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Listing Firm: Paragon Real Estate Advisors: Will Douglas

Active
NWMLS # 2374362
  • - Beds
  • - Baths
  • 2765 Sq.ft.

206 12th Avenue E, Seattle, WA 98102

Listings with the three tree icon are courtesy of NWMLS

About This Property

SELLER FINANCING AVAILABLE - This 6-unit apartment building offers a prime investment opportunity in the heart of Capitol Hill with immediate value-add potential. Just a short walk from the Capitol Hill Light Rail Station, it provides residents easy access to downtown, the University District, and SeaTac Airport. The property includes a balanced unit mix: 2 studios sharing a bathroom and four 1-bd units, 3 of which feature updates like LVP flooring, bathroom improvements, and some new countertops. These upgraded units are currently vacant, ready for lease-up at market rents. An office space could be incorporated into a unit to boost square footage and income as well as the ability to add W/D in basement/workroom.

Aris360 Last Checked: Just Now (May 14, 2025 07:57 AM)

  • Source: NWMLS as Distributed by MLS Grid #2374362

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 12th
  • Zip/Postal Code: 98102
  • City: Seattle

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$3,847 per month
Principal & Interest
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Property Taxes

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Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

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Property Features

  • County
    • Capitol Hill
  • Community
    • 390 - Central Seattle
  • MLS Area
    • 390 - Central Seattle
  • Longitude
    • -122.316636
  • Latitude
    • 47.620194
  • Directions
    • Get on E Madison St. Turn left onto 12th Ave.

  • Power Production Type
    • Electric

  • Stories
    • 3
  • Style
    • 55 - 5-9 Units
  • Elevation
    • Feet
  • Exterior
    • Wood
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 3200

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2025
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $15919
  • Year Built
    • 1901
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Wed May 14 2025 . 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.

May 14, 2025 07:57 AM