$1,995,000
Est. $10,812/mo3,042 sq ft
1124 Lakeview Boulevard E #1-4, Seattle, WA 98102
• Listed Oct 10, 2026•31 days active · 31 cumulative
Listing Broker: Venture Real Estate Group LLC; Jamie Langsford; 206-934-0237; jlangsford@vreg.co
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Listing Broker: Venture Real Estate Group LLC; Jamie Langsford; 206-934-0237; jlangsford@vreg.co
About this home
A rare five-unit income opportunity in prime Capitol Hill: this fourplex now includes a newly completed lower-level ADU (finished May 2026), currently leased month-to-month. Breathtaking Lake Union and Gas Works Park views from four units, with downtown and Space Needle views from the property. Recent updates include a brand-new torch-down roof with all-new flashing, stucco and trim repairs, fresh exterior paint, professionally repaired and reinforced foundation cracks, galvanized pipes replaced with PEX, a newer sewer main, new water heaters (2021-2022), remodeled bathrooms in Apts 1 and 3, a new back deck, Trex front stairs, retaining wall and keycode entry. Private on-site laundry for 3 units, with new washer/dryers in two top units. Tenant-occupied with long-term and short-term tenancies, offering great owner-occupant potential. Convenient access to I-5, downtown, South Lake Union and the Eastside. Excellent 1031 investment opportunity. The property may qualify for residential financing as a 1-4 unit property with an ADU; buyer to verify. Contact the listing agent to schedule a tour.
Listed by Jamie Langsford • Venture Real Estate Group LLC
Listing updated: October 20, 2026 at 10:26am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2589625
Around this home
How much should you offer?
1124 Lakeview Boulevard E #1-4, 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
- 4-Plex
Flooring
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerSeattle School District
- Lowell Elementary SchoolPublic · Grades PK-5 · State rank 969 of 1,1382/10
- Edmonds S. Meany Middle SchoolPublic · Grades 6-8 · State rank 185 of 5146/10
- Garfield High SchoolPublic · Grades 9-12 · State rank 38 of 39610/10
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
- 5
- Units in building
- 5
- Units below grade
- false
- Building square feet
- 3,042 sq ft
Income & expenses
- Gross scheduled income
- $152,141
- Total monthly income
- $12,630
- Additional monthly income
- $500
- Gross adjusted income
- $141,492
- Net operating income
- $115,442
- Cap rate
- 5.79%
- Gross rent multiplier
- 13.11
- Vacancy rate
- 7%
- Total expenses
- $56,106
- Insurance
- $2,944
- Electric
- $933
- Other expenses
- $34,810
- Water / sewer / garbage paid by
- 4489.91
Taxes & assessment
- Annual taxes
- $12,929
- Tax year
- 2025
- 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 1124 Lakeview Boulevard E #1-4
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 10, 2026ListedNWMLS via MLS Grid · #2589625$1,995,000$656/sq ft
- Dec 14, 2020SoldNWMLS via MLS Grid · #1527186$1,200,000$394/sq ft
- Oct 25, 2020PendingNWMLS via MLS Grid · #1527186$1,395,000$459/sq ft
- Oct 25, 2020Price reducedNWMLS via MLS Grid · #1527186$1,395,000$459/sq ft
- Oct 4, 2019ListedNWMLS via MLS Grid · #1527186$1,510,000$496/sq ft
- Apr 28, 2006SoldNWMLS via MLS Grid · #26001858$915,000$301/sq ft
Mortgage payment forecast
$12,388 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%.
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Listing Broker: Venture Real Estate Group LLC; Jamie Langsford; 206-934-0237; jlangsford@vreg.co
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 69 days.
Recent sales nearby
Within 1 mile · last 6 months$2,400,000 Sold
2 weeks ago
3 bd•3.5 ba•~4,560 sq ft•Single Family
1946 Harvard Avenue E, Seattle, WA 98102
4%
Under list
51
Days on market
0.5 mi
Distance
$2,300,000 Sold
2 weeks ago
4 bd•2.5 ba•~3,070 sq ft•Single Family
719 Belmont Place E, Seattle, WA 98102
8%
Under list
34
Days on market
0.2 mi
Distance
$900,000 Sold
2 weeks ago
4 bd•2.5 ba•~1,442 sq ft•Single Family
2328 Franklin Avenue E #C, Seattle, WA 98102
2%
Over list
83
Days on market
0.7 mi
Distance
$1,075,000 Sold
3 weeks ago
3 bd•2.25 ba•~1,751 sq ft•Single Family
1140 10th Avenue E #B, Seattle, WA 98102
0%
Over list
15
Days on market
0.2 mi
Distance
$799,950 Sold
4 weeks ago
2 bd•2 ba•~998 sq ft•Single Family
2014 Fairview Avenue E #C, Seattle, WA 98102
0%
Over list
107
Days on market
0.5 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 Nov 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 November 10, 2026 at 6:01 PM 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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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