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Active
    • Listed by: Urban Commercial Partners, LLC
    $4,500,000

    1401 S Holgate Street, Seattle, WA 98144

    16beds
    17baths
    8,580sqft
    : 
    Multi Family
    Built in 1957
    -- sqft lot
    $4,186,400 Zestimate®
    $524/sqft
    $-- HOA

    What's special

    Functional layouts
    Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.
    167 days
    |
    186
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: December 10, 2025 at 10:58am

    Listed by:

    Tyler J. Bretz,

    Urban Commercial Partners, LLC,

    Jason Elrod,

    Urban Commercial Partners, LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2440780MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 17
      Heating
      • Wall Unit(s), Electric
      Cooling
      • None
      Features
      • Flooring: Laminate
      • Has fireplace: No
      Interior area
      • Total structure area: 8,580
      • Total interior livable area: 8,580 sqft

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s), Territorial
      Lot
      • Size: 6,608.05 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 0605500000
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Wood Siding
      • Foundation: Poured Concrete
      • Roof: Flat
      Condition
      • Good
      • Year built: 1957
      • Major remodel year: 1997

      Utilities & green energy

      • Electric: Company: Seattle City Light
      • Sewer: Sewer Connected, Company: SPU
      • Water: Public, Company: Seattle Public Utilities

      Community & HOA

      Community
      • Subdivision: Beacon Hill
      Location
      • Region: Seattle

      Financial & listing details

      • Price per square foot: $524/sqft
      • Tax assessed value: $2,739,000
      • Annual tax amount: $29,210
      • Date on market: 10/1/2025
      • Cumulative days on market: 169 days
      • Listing terms: Cash Out,Conventional
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        Estimated market value

        $4,186,400

        $3.98M - $4.40M

        $2,376/mo

        Price history

        Price history
        DateEventPrice
        12/10/2025Price change$4,500,000-4.3%$524/sqft
        Source: NWMLS as distributed by MLS GRID #2440780 Report a problem
        10/2/2025Listed for sale$4,700,000+35.6%$548/sqft
        Source: NWMLS as distributed by MLS GRID #2440780 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        2/27/2017Sold$3,465,000+166.5%$404/sqft
        Source: Public Record Report a problem
        5/6/2014Listing removed$895
        Source: Owner Report a problem
        5/5/2014Listed for rent$895-18.3%
        Source: Owner Report a problem
        8/21/2013Listing removed$1,095
        Source: Postlets Report a problem
        7/24/2013Price change$1,095+4.3%
        Source: Zillow Rental Network Report a problem
        7/11/2013Listed for rent$1,050
        Source: Zillow Rental Network Report a problem
        8/30/2007Sold$1,300,000+62.5%$152/sqft
        Source: Public Record Report a problem
        6/3/2005Sold$800,000$93/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$26,413 -7.1%$2,739,000 -9.2%
        2023$28,431 -5.2%$3,016,000 -15.4%
        2022$29,989 +1.6%$3,563,000 +10.3%
        2021$29,513 +4.9%$3,229,000 +10.6%
        2020$28,125 +1.7%$2,920,000 +0.6%
        2019$27,665 +11.9%$2,903,000 +0.6%
        2018$24,718 +27.1%$2,886,000 +47.7%
        2017$19,441 +66.9%$1,954,000 +21.4%
        2016$11,648 $1,609,000 +35%
        2015$11,648 $1,192,000 -0.2%
        2014$11,648 $1,194,000 +12.1%
        2013$11,648 $1,065,000 +0.8%
        2012-- $1,057,000 +25.2%
        2011-- $844,000 -25.7%
        2010-- $1,136,000
        2009-- $1,136,000

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $25,344/mo
        Principal & interest
        $22269
        Property taxes
        $3075
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          Climate risks

          Neighborhood: North Beacon Hill

          Getting around

          75 / 100
          Very Walkable
          77 / 100
          Excellent Transit
          86 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

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