Listed by Michael Fladseth, Skyline Properties, Inc., (425) 455-2065
315 12th Avenue E
Seattle, WA 98102
Capitol Hill- 6 Beds
- 6 Baths
- 4,587 sqft
6 Beds
6 Baths
4,587 sqft
Local Information
-- mins to
Description
Turnkey North Capitol Hill Investment. The Rhodes Apartment Building is a rare opportunity to own a timeless, cash-flowing asset in the heart of Vibrant Capitol Hill. This well-maintained property features 6 well-appointed spacious corner units offering views of the Space Needle, Downtown Seattle & Olympic Mountains with beautiful original brickwork that adds to the building’s classic charm & curb appeal. 6 large 1-bed, 1-bath + den/NC bedroom, generous living/dining areas, full kitchens & hardwood floors throughout. Secure entry with lobby. Common laundry area. All units are above grade. Driveway to the building’s 12 car parking lot for tenants. The daylight basement may also offer the opportunity to add 2 additional 1-bedroom units for additional income. Situated on a 5,994 sqft lot with Mid-Rise zoning (MR-M1), this property also presents exciting future development potential. This prime location is minutes to Downtown Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta, Adobe, Oracle & more. Residents enjoy easy access to restaurants, shopping, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, and Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset with upside in one of Seattle’s strongest rental markets. Possible Seller Financing.
Home Highlights
Parking
12 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$413
Listed
96 days ago
Last check for updates: about 9 hours ago
Listing courtesy of Michael Fladseth
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID, MLS#2505422

Home Details for 315 12th Avenue E
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 4587 Square Feet |
Appliances & Utilities Appliances: Tankless Water Heater |
Heating & Cooling Heating: Radiator,Electric,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Radiator |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Vinyl |
Levels, Entrance, & Accessibility Number of Stories: 3Floors: Hardwood, Vinyl |
View Has a ViewView: City, Mountain(s), Territorial |
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Exterior Home Features Roof: Torch DownFoundation: Slab |
Parking & Garage Open Parking Spaces: 12No CarportNo Open ParkingParking Spaces: 12 |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Connected |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 76Days on Market: 96 |
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Year Built Year Built: 1928Year Renovated: 1990 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: 5-9 Units |
Building Building Name: Rhodes Apartment BuildingConstruction Materials: Brick, Wood Siding |
Property Information Usage of Home: Multi-FamilyParcel Number: 6852700176 |
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Price List Price: $1,895,000Price Per Sqft: $413 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: SeattleCommunity: North Capitol Hill |
School Information High School District: Seattle |
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Listing Agent Listing ID: 2505422 |
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Building Area Building Area: 4587 Square Feet |
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Not Senior CommunityUnits in Building: 6 |
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HOA Fee: No HOA Fee |
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Lot Area: 5993.856 sqft |
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Special Conditions: Standard |
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Listing Terms: Conventional, See Remarks |
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Mls Number: 2505422Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only |
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Internet Entire Listing Display YN C |
Market trends in Capitol Hill
Last updated June 2026
Avg. sale price
$859K
$1.66KMoM
Sale-to-List Price
99.4%
0.2%MoM
Price per sq ft
$565
$18MoM
Available listings
136
4MoM
Price History for 315 12th Avenue E
| Date | Price | Event | Source |
|---|---|---|---|
| 05/27/2026 | $1,895,000 | PriceChange | NWMLS as distributed by MLS GRID #2505422 |
| 04/09/2026 | $1,995,000 | Listed For Sale | NWMLS as distributed by MLS GRID #2505422 |
| 12/20/2024 | $1,500,000 | Sold | NWMLS as distributed by MLS GRID #2301601 |
| 12/03/2024 | $1,799,900 | Pending | NWMLS as distributed by MLS GRID #2301601 |
| 11/20/2024 | $1,799,900 | PendingToActive | NWMLS as distributed by MLS GRID #2301601 |
| 11/05/2024 | $1,799,900 | Pending | NWMLS as distributed by MLS GRID #2301601 |
| 10/24/2024 | $1,799,900 | Listed For Sale | NWMLS as distributed by MLS GRID #2301601 |
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Comparable Sales for 315 12th Avenue E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $1,550,000 | 10/20/25 | 6 | 4 | 3,240 | |
0.42 | Multi-Family Home | $1,699,000 | 03/20/26 | 8 | 5 | 3,084 | |
0.01 | Multi-Family Home | $1,800,000 | 09/03/25 | 5 | 5 | - | |
0.01 | Multi-Family Home | $1,900,000 | 09/23/25 | 5 | 4 | - | |
0.47 | Multi-Family Home | $1,650,000 | 04/09/26 | 5 | 2 | 3,510 | |
0.41 | Multi-Family Home | $2,000,000 | 03/13/26 | 2 | 4 | 5,448 | |
0.27 | Multi-Family Home | $2,098,950 | 11/13/25 | 6 | 7 | - | |
0.76 | Multi-Family Home | $1,840,000 | 02/12/26 | 7 | 9 | 5,468 | |
0.48 | Multi-Family Home | $2,225,000 | 12/19/25 | 11 | 10 | 8,659 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 315 12th Avenue E.
What Locals Say about Capitol Hill
At least 182 Trulia users voted on each feature.
96 % Say it's dog friendly
95 % Say it's walkable to restaurants
94 % Say there are sidewalks
93 % Say it's walkable to grocery stores
73 % Say people would walk alone at night
68 % Say streets are well-lit
52 % Say neighbors are friendly
48 % Say there's holiday spirit
39 % Say they plan to stay for at least 5 years
34 % Say it's quiet
32 % Say there are community events
29 % Say there's wildlife
28 % Say parking is easy
26 % Say car is needed
25 % Say kids play outside
25 % Say yards are well-kept
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael Fladseth, Skyline Properties, Inc.

Based on information submitted to the MLS GRID as of 2026-07-14 23:09:29 PDT. 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, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
315 12th Avenue E, Seattle, WA 98102 is a 6 bedroom, 6 bathroom, 4,587 sqft multi-family built in 1928. 315 12th Avenue E is located in Capitol Hill, Seattle. This property is currently available for sale and was listed by NWMLS as distributed by MLS GRID on Apr 9, 2026. The MLS # for this home is MLS# 2505422.

