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About the Listing 5353 - 75939
Turnkey North Capitol Hill Investment. The Rhodes Apartment Building is a rare opportunity to own a timeless, cash-flowing asset in the heart of Vibrant Capitol Hill. This well-maintained property features 6 well-appointed spacious corner units offering views of the Space Needle, Downtown Seattle & Olympic Mountains with beautiful original brickwork that adds to the building’s classic charm & curb appeal. 6 large 1-bed, 1-bath + den/NC bedroom, generous living/dining areas, full kitchens & hardwood floors throughout. Secure entry with lobby. Common laundry area. All units are above grade. Driveway to the building’s 12 car parking lot for tenants. The daylight basement may also offer the opportunity to add 2 additional 1-bedroom units for additional income. Situated on a 5,994 sqft lot with Mid-Rise zoning (MR-M1), this property also presents exciting future development potential. This prime location is minutes to Downtown Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta, Adobe, Oracle & more. Residents enjoy easy access to restaurants, shopping, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, and Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset with upside in one of Seattle’s strongest rental markets. Possible Seller Financing.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
2505422
Year Built
1928
Total Square Footage
4,590
Lot/Acreage
0.14
County
King
Building Name
Rhodes Apartment Building
Neighborhood
North Capitol Hill
School District
Seattle
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances: Tankless Water Heater
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Hardwood,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Curbs,Paved,Sidewalk,Cable TV,Gas Available,High Speed Internet,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 12
- Zoning: Multi-Family
- Roof: Torch Down
- Others: Brick,Wood
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $25,179
- Taxes w/Assessments: N/A
- Tax/Property ID: 6852700176
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
315 12th Ave E Seattle, WA 98102
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