NWMLS

Listing Firm: Urban Commercial Partners, LLC (206-325-9333). Listings with the three tree icon are courtesy of NWMLS.

2350 Beacon Avenue

Seattle, WA 98144

LISTING #2440960
$4,700,000
STATUS Active
YEAR BUILT 1958
PROPERTY TYPE Residential Income

ABOUT THIS PROPERTY

Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.

PROPERTY DETAILS

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Location Information
County King
Community Seattle
Latitude 47.582103
Longitude -122.315612
Directions GPS
Subdivision Name Beacon Hill
Interior Features
Has Fireplace No
Number of Fireplaces 0
Cooling None
Floors Hardwood
Exterior Features
Style 10+ Units
Is New Construction Yes
Exterior Brick, Wood
Foundation Poured Concrete
Roof Torch Down
Water Source Public
Septic or Sewer Sewer Connected
Covered Spaces 0
Water Seattle Public Utilities
Electric Seattle City Light
Power Production Type Electric
Parking Spaces 6
Lot Features Corner Lot, Paved
Lot Size in Acres 0.2391
Lot Size in Sq. Ft. 10,415
Building Total Area 9900 Square Feet
Has Waterfront No
Has View Yes
View Description Territorial
School
High School District Seattle
Additional Information
Possession Closing, Subject to Tenant Rights
Property Type Residential Income
Property Subtype Multi Family
Structure Type Multi Family
Year Built 1958
Status Active
Tax Year 2026
Tax Amount $30,238
Lot Acres Source King County Assessor
NWMLS

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INTERESTED IN

2350 Beacon Avenue, Seattle, WA 98144

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