1310 E Thomas Street, Seattle, 98102

REDUCED 3% Residential Income - Multi-Family For Sale in Capitol Hill


MLS® #: 2055635
Active, 52 Days on Market

Situated in one of the best pockets of Capitol Hill, this property is a turnkey apartment community featuring 20 spacious, fully renovated units. It's walkable location near transit, employers, and neighborhood amenities makes it an interesting and desirable place to live. Appealing features include large floor plans, off-street parking, and an abundance of updates, such as in-unit laundry, new roof, full unit renovations, and recently replaced hot water heaters. Further, the property's 20 unit size should generate nearly $60,000 in monthly rent and supports complete professional management. With full management, market taxes, and current and trending rents, 1310 E Thomas should perform at a 5.4% cap rate and a 13.1 GRM.

Listing Office: Kidder Mathews.

Price & Status History

Date Details
Price Reduced from $9,995,000 to $9,695,000

Essential Information

MLS® #: 2055635
Price: $9,695,000
Bathrooms: 0.00
Square Footage: 19,210
Acres: 0.31
Year Built: 1967
Type: Residential Income
Sub-Type: Multi-Family
Status: Active


Property Taxes: $64,392
$/SqFt: $505

Community Information

Address: 1310 E Thomas Street
Area: 390 - Central Seattle
Subdivision: Capitol Hill
City: Seattle
County: King
State: WA
Zip Code: 98102


Parking Spaces: 10
View: City, Partial


Heating: Wall Unit(s)
Cooling: None
# of Stories: 3


Exterior Features: Stucco
Lot Description: Corner Lot, Curbs, Paved, Sidewalk

School Information

District: Seattle
Elementary: Lowell
Middle: Meany Mid
High: Garfield High

Additional Information

Days on Market: 52
Cumulative Days on Market: 52

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Listing information last updated on June 4th, 2023 at 7:59pm CDT.