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Seattle, WA, 98112 • Capitol Hill • King County
$386/sqft
Down payment assistance available
5Beds
4Baths
3,695Sqft
0.11 acLot
1958Built
4-Plex Style
Built 1958 · 68 years of history
North Capitol Hill
Capitol Hill
Just Listed
Listed Apr 5, 2026
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$386/sqft
Price per square foot
Multi Family · Built 1958
Well positioned in Seattle’s premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area’s continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle’s desirable neighborhoods.
Standout features identified
Our analysis highlights olmsted-designed landscape, dedicated storage, and on-site laundry as key attractions of this home.
Based on current rates
Est. 6.19% rate · 30yr fixed · $1,140,000 loan
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3 schools rated nearby
Seattle, WA, 98112
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Seattle, WA • King County
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Based on information submitted to the MLS GRID as of 2026-04-07 03:53:38 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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