$2,000,000
Est. $11,078/moPrice reduced $100,000 from the original $2,100,000 asking price
5,269 sq ft
315 13th Avenue E, Seattle, WA 98102
• Listed Sep 14, 2026•37 days active · 37 cumulative
Listing Broker: WPI Real Estate Services, Inc.; TC Wu; 206-849-8858; tcwu@wpirealestate.com
Talk to a local RexMont expert
A local broker replies within minutes
Work with a Seattle real estate agent or a Seattle buyer's agent on this home. Selling first? Start with sell my house in Seattle or your Seattle home value.
Listing Broker: WPI Real Estate Services, Inc.; TC Wu; 206-849-8858; tcwu@wpirealestate.com
About this home
Rare opportunity to own a well-maintained six-unit apartment building in the heart of Capitol Hill, one of Seattle's most sought-after rental neighborhoods. With a Walk Score of 91 (Walker's Paradise), residents are steps from Broadway, 15th Ave E, Cal Anderson Park, the light rail station, and some of the city's best dining and nightlife. The building offers a versatile unit mix: 1 studio, 2 one-bedrooms, and 3 two-bedrooms. Five of the six units feature private balconies or patios, and Unit #6 boasts a Space Needle view. Unit #2 and #6 have been completely renovated, showcasing the finish level achievable across the remaining units as they turn. Designed for low-maintenance ownership, the building features exterior unit access with minimal common area to maintain, durable Marblecrete siding, and updated double-pane windows throughout. 5 on-site parking spaces are a premium amenity in this dense urban neighborhood. Long-term tenants provide stable income. Parking and utilities are presently included in rent, giving the next owner a clear path to increase revenue through separate parking fees and utility billing, in addition to rent increases. A solid, easy-to-operate asset in an A+ location with multiple value-add levers. Ideal for an investor seeking durable cash flow with meaningful upside.
Listed by TC Wu • WPI Real Estate Services, Inc.
Listing updated: October 13, 2026 at 02:23pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2582746
Around this home
How much should you offer?
315 13th Avenue E, Seattle, WA 98102
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- 5-9 Units
Flooring
- Ceramic Tile
- Hardwood
Heating & cooling
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDiggerSeattle School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 6
- Units in building
- 6
- Units below grade
- true
- Building square feet
- 5,269 sq ft
Income & expenses
- Gross scheduled income
- $147,180
- Total monthly income
- $12,265
- Gross adjusted income
- $142,765
- Net operating income
- $67,530
- Cap rate
- 3.22%
- Gross rent multiplier
- 14.27
- Vacancy rate
- 3%
- Total expenses
- $75,234
- Insurance
- $6,815
- Other expenses
- $38,133
- Water / sewer / garbage paid by
- 10862
Parking & storage
- Parking spaces
- 5
- Uncovered parking
- 1
- Covered spaces
- 4
Taxes & assessment
- Annual taxes
- $19,424
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 315 13th Avenue E
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 13, 2026Price reducedNWMLS via MLS Grid · #2582746$2,000,000$380/sq ft
- Sep 14, 2026ListedNWMLS via MLS Grid · #2582746$2,100,000$399/sq ft
- Dec 15, 1983Recorded saleKing County recorder · Warranty deed$225,000$43/sq ft
Mortgage payment forecast
$13,197 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: WPI Real Estate Services, Inc.; TC Wu; 206-849-8858; tcwu@wpirealestate.com
Market pulse
Seattle is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 63 days.
Recent sales nearby
Within 1 mile · last 6 months$2,485,000 Sold
6 days ago
4 bd•3.5 ba•~3,717 sq ft•Single Family
1111 Bellevue Place E, Seattle, WA 98102
4%
Under list
66
Days on market
0.5 mi
Distance
$749,900 Sold
2 weeks ago
2 bd•1.75 ba•~1,579 sq ft•Single Family
633 13th Avenue E, Seattle, WA 98102
0%
Over list
52
Days on market
0.2 mi
Distance
$2,100,000 Sold
2 weeks ago
5 bd•2.25 ba•~3,580 sq ft•Single Family
723 12th Avenue E, Seattle, WA 98102
2%
Under list
42
Days on market
0.3 mi
Distance
$1,735,000 Sold
2 weeks ago
•Single Family
315 12th Avenue E, Seattle, WA 98102
3%
Under list
181
Days on market
0.1 mi
Distance
$998,000 Sold
2 weeks ago
2 bd•2.25 ba•~1,400 sq ft•Single Family
427 13th Avenue E #C, Seattle, WA 98102
0%
Over list
82
Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 21, 2026 at 5:25 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
