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.
Listing Provided Courtesy of Tyler J. Bretz, Urban Commercial Partners, LLC
General Information
NWM2440780
Multi Family
24
DOM
6608.05 SqFt
8580
1957
Multi-F
King
Residential Incom
Multi Family
Listing Provided Courtesy of Tyler J. Bretz, Urban Commercial Partners, LLC
Krishna Realty data last checked: Oct 26, 2025 20:25 | Listing last modified Oct 02, 2025 22:02,
Source:
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Residence Information
8580
Flat
56 - 10+ Units
1957
Poured Concrete
Features and Utilities
Brick, Wood
Public
Sewer Connected
0
Financial
29210
Cash Out, Conventional
10-02-2025
Comparable Information
24
24
Cash Out, Conventional
$4,700,000
$4,700,000
Oct 02, 2025 22:02
Schools
Map
Listing courtesy of Urban Commercial Partners, LLC.
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.
