206 12th Avenue E Seattle WA 98102 MLS #NWM2374362

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Listing Provided Courtesy of Paragon Real Estate Advisors
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.
Current real estate data for Multi Family in Seattle as of Sep 15, 2025
193
Multi Family Listed
96
Avg DOM
451
Avg $ / SqFt
$1,897,564
Avg List Price

Property Details

Price:
$1,500,000
MLS #:
NWM2374362
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Capitol Hill
Neighborhood:
390 – Central Seattle
Listed Date:
May 12, 2025
Finished Sq Ft:
2,765
Total Sq Ft:
2,765
Lot Size:
3,200 sqft / 0.07 acres (approx)
Year Built:
1901
Units:
7
390 – Central Seattle390 – Central SeattleCapitol HillSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Heating
Hot Water Recirc Pump

Exterior

Construction Materials
Wood
Exterior Features
Wood
Roof
Composition

Financial

Net Operating Income
$62,489
Tax Year
2025
Taxes
$15,919

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Property Summary

    Located in the Capitol Hill subdivision, 206 12th Avenue E Seattle WA is a Multi Family for sale in Seattle, WA, 98102. It is listed for $1,500,000 To schedule a showing of MLS#nwm2374362 at 206 12th Avenue E in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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