Kent Farmer

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Listing provided courtesy of Urban Commercial Partners, LLCNWMLSMLS# NWM2440780MLS Provider
  • 13 views

Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.

Source: NWMLS, MLS#: NWM2440780

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  • Property Type
    Residential Income
  • Lot
    0.15 acres

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Kent Farmer

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  • Median Age
    37
  • Population Density
    6,357
  • College Educated
    67%
  • Estimated Median Income
    $87,098
  • Estimated Total Home Owners
    6,852
  • Estimated Total Renters
    7,411
  • Owner / Renter Divide
    48% / 52%
  • Estimated Average Household Size
    2
  • Total Population
    33,175
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1401 S Holgate Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
12/10/2025Source: NWMLS Price Reduction
$4,500,000 -4.3%
10/2/2025Source: NWMLS Added to Database
October 02, 2025