1401 S Holgate St, Seattle, WA
16 bd · 17 ba · 8,580 sqft Multi-Family listed at $4,500,000, built in 1957 in the Beacon Hill neighborhood.
About this home
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.
Property details
- Price
- $4,500,000
- Bedrooms
- 16
- Bathrooms
- 17
- Interior
- 8,580 sqft
- Price / sqft
- $524
- Year built
- 1957
- Lot size
- 6,608 sqft
- Type
- Multi-Family
- Days on market
- 205
- Est. property tax
- $41,850/yr · $3,488/mo · 0.93% WA avg
Estimated monthly payment
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Price history
▼ 4.3%Most recent change on 2025-12-10: $4,700,000 → $4,500,000.
- Dec 10, 2025$4,500,000Price change
- Oct 2, 2025$4,700,000Initial list price
Location
This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.
Home Intelligence
Neighborhood (zip 98144)
Median age is 38.7; 38% hold a bachelor's degree; 47% of homes are owner-occupied; median household income is $97,953.
- Median income
- $97,953
- Median age
- 38.7
- Owner-occupied
- 46.7%
- Bachelor's degree
- 37.8%
- Census median home value
- $857,100
Source: US Census Bureau American Community Survey 5-year estimates.
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