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206.579.3423
Real Estate Company
1543 15th Avenue S, Seattle, WA 98144
- $985,000
- 2,490
- SqFt
Listing Broker: COMPASS; Kevin Lam; 347-989-5267; kevin.lam@compass.com
- List Price
- $985,000
- Status
- ACTIVE
- MLS#
- 2593417
- Days on Market
- 0
- Style
- 52 - Duplex
- Finished SqFt
- 2,490
- Area Total SqFt
- 2490
- Annual Tax Ammount
- 2069
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Perched on a sunny corner lot in sought-after North Beacon Hill, this classic 1905 legal duplex blends early-century character with modern comfort and territorial views, just minutes from downtown Seattle. A true standout, the property features two oversized units that live large and feel more like homes than apartments, each offering 3 bedrooms and 2 full baths. Both units were taken down to the studs and rebuilt with updated plumbing and electrical, individual gas forced-air furnaces, vinyl windows, and engineered hardwood floors. The kitchens shine with slab granite counters and stainless appliances, while the baths showcase porcelain tile and each unit enjoys its own utility room. Recent updates include a new roof (2024), fresh exterior paint (2025), and new interior paint in the downstairs unit, so the next owner can move in or lease up with confidence. Outside, enjoy a fully fenced yard and deck, four off-street parking spaces, and a detached one-car garage, a rare find this close to the city. Ideal for an owner-occupant seeking a savvy "house hack" or an investor looking to maximize rents, this property delivers flexibility and upside. Minutes to Beacon Hill Light Rail, I-5, and I-90. A rare opportunity to own a well-located duplex with space, style, and strong income potential. This is one you don't want to miss.
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Additional Information
- List Date
- 2026-10-15 20:58:18
- Community
- N Beacon Hill
- Net Operating Income
- $58,363
- Gross Adjusted Income
- $68,400
- Gross Scheduled Income
- $72,000
- Total Monthly Income
- $6,000
- Insurance Expenses
- $2,329
- Water/Sewer/Garbage Expenses
- $2,640
- Gross Rent Multiplier
- 13.68
- Total Expenses
- $10,038
- Cap Rate
- 5.93
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 1543
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1905
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Patio
- Electric Expenses
- 3000
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Beacon Hill
- Middle School
- Mercer Mid
- High School
- Franklin High
- Total Monthly Income
- $6,000
- Gross Scheduled Income
- $72,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $68,400
- Tax Year
- 2026
- Insurance Expense
- $2,329
- W/S/G Expenses
- $2,640
- Total Expenses
- $10,038
- Net Operating Income
- $58,363
- Gross Rent Multiplier
- 13.68
- Cap Rate
- 5.93
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.