Welcome to Whatcom | John L. Scott Bellingham
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$4,500,000

Active

Listing provided by Tyler J. Bretz, Urban Commercial Partners, LLC

223

DOM

Ask Austin

About this property.

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.

Property details.

Property TypeResidential Income
Sub TypeMulti Family
Stories3
Year Built1957
Lot Acres0.15
List Price$4,500,000
Original List Price$4,700,000
MLS StatusActive

Features.

Exterior

BrickWood

Heating

Wall Unit(s)

Cooling

None

Flooring

Laminate

View

Mountain(s)Territorial

Agent information.

List AgentTyler J. Bretz
List OfficeUrban Commercial Partners, LLC
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: Tyler J. Bretz, Urban Commercial Partners, LLC

Courtesy of Urban Commercial Partners, LLC

Source: NWMLS, MLS#: 2440780NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 02:00:26 PST. 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. Provided by NWMLS as distributed by MLS Grid.

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