1425 E Prospect Street Unit #1-10, Seattle, WA 98112
- $2,225,000
- 8,659
- SqFt
Listing Broker: Kidder Mathews; Dan Swanson; ; Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $2,225,000
- List Price
- $2,400,000
- Status
- SOLD
- MLS#
- 2438208
- Closing Date
- Dec 19, 2025
- Days on Market
- 21
- Style
- 56 - 10+ Units
- Finished SqFt
- 8,659
- Area Total SqFt
- 8659
- Annual Tax Ammount
- 24675
- Lot Size (sq ft)
- 5,610
- Sewer
- Sewer Connected
Property Description
A rare opportunity to own a well-maintained, income-generating asset in one of Seattle’s most coveted neighborhoods. Located in a premier North Capitol Hill community, the property is directly across from Volunteer Park. Highly walkable/transit-served location within easy reach of SLU & Downtown employers. Owned by the same family since 1966 & featuring 10 units underneath a remarkably unique roof deck. Capital improvements include updated electrical wiring & panels, electric heat, a 2017 roof replacement, extensive plumbing & sewer updates, tuck pointing between 2009 & 2011, & the bolting of the foundation to wood framing. Laundry facilities and tenant storage on the lower level, on-site parking for 5 vehicles, & likely upside potential.
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Additional Information
- List Date
- 2025-11-28 00:00:00
- Community
- North Capitol Hill
- Net Operating Income
- $105,333
- Gross Adjusted Income
- $188,780
- Gross Scheduled Income
- $193,980
- Total Monthly Income
- $16,165
- Insurance Expenses
- $6,435
- Water/Sewer/Garbage Expenses
- $10,987
- Gross Rent Multiplier
- 12.4
- Total Expenses
- $68,447
- Cap Rate
- 4.4
- Vacancy Rate
- 3
- Total Number of Units
- 10
- Unit Name
- 1425
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1908
- View
- Territorial
- Roof
- Composition, Flat
- Site Features
- Deck, Fenced-Partially, Rooftop Deck, Sprinkler System
- Other Expenses
- 26350
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Stevens
- Middle School
- Meany Mid
- High School
- Garfield High
- Total Monthly Income
- $16,165
- Gross Scheduled Income
- $193,980
- Vacancy Rate
- 3
- Gross Adjusted Income
- $188,780
- Tax Year
- 2025
- Insurance Expense
- $6,435
- W/S/G Expenses
- $10,987
- Total Expenses
- $68,447
- Net Operating Income
- $105,333
- Gross Rent Multiplier
- 12.4
- Cap Rate
- 4.4
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.