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Listed by Will Douglas • Paragon Real Estate Advisors.

FOR SALE

$1,200,000

Est. $6,406/mo

2,765 sq ft

206 12th Avenue E, Seattle, WA 98102

• Listed Sep 22, 2026•7 days active · 7 cumulative

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Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com

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Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com

About this home

This 6-unit + Office apartment building offers a prime investment opportunity in the heart of Capitol Hill with immediate value-add potential. Just a short walk from the Capitol Hill Light Rail Station, it provides residents easy access to downtown, the University District, and SeaTac Airport. The property includes a balanced unit mix: 2 studios sharing a bathroom and four 1-bd units, 3 of which feature updates like LVP flooring, bathroom improvements, and some new countertops. An office space could be incorporated into a unit to boost square footage and income as well as the ability to add W/D in basement/workroom.

Property type

Single Family

Year built

1901

Interior

2,765 sq ft

Lot size

0.0735 acres

Parking

None

Price / sq ft

$434

HeatingRecirculation Pump

CoolingNone

Property taxes$17,166/yr (est.)

School districtSeattle

Listed by Will Douglas • Paragon Real Estate Advisors

Listing updated: September 22, 2026 at 10:43am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2585317

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No upcoming open houses scheduled for this property.

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206 12th Avenue E, Seattle, WA 98102

Your offerDown payment %

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List price

$1,200,000

Down payment

$240,000

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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.

Property details

Heating & cooling

Recirculation Pump heating
None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Adams Elementary School
Public · Grades K-5 · 5.1 mi · State rank 75 of 1,160
10/10
Aki Kurose Middle School
Public · Grades 6-8 · 5.3 mi · State rank 240 of 534
6/10
Alan T. Sugiyama High School
Public · Grades 9-12 · 6.9 mi
—

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Mortgage payment forecast

$8,137 per month

Great rate

Principal and interest

Property taxes

HOA dues

Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhood Compare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: 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%.

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Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

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 54 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 22, 2026 at 10:43am (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.

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