2123 E James Street Seattle, WA $ 2,500,000
2123 E James Street
$ 2,500,000
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2123 E James Street

Seattle, WA, 98122
$ 2,500,000
Baths0.0 Sq 6,240

Monthly Estimate*

$ 14,973

Listed by Nordic Real Estate
2123 E James Street, Seattle, WA 98122 - Image 1
2123 E James Street, Seattle, WA 98122 - Image 2
2123 E James Street, Seattle, WA 98122 - Image 3
2123 E James Street, Seattle, WA 98122 - Image 4
2123 E James Street, Seattle, WA 98122 - Image 5
2123 E James Street, Seattle, WA 98122 - Image 6
2123 E James Street, Seattle, WA 98122 - Image 7
2123 E James Street, Seattle, WA 98122 - Image 8
2123 E James Street, Seattle, WA 98122 - Image 9
2123 E James Street, Seattle, WA 98122 - Image 10
2123 E James Street, Seattle, WA 98122 - Image 11
Studio

Multi-Family Home for sale in Seattle, WA

for $2,500,000. This 6,240 square foot home was built in 1910 on a lot size of 0.0611.

The Caroline is a newly renovated multi-family property well situated on Capitol Hill just a half mile from Seattle University. Completely transformed in 2024, the building was stripped down to the studs and rebuilt with modern finishes, offering a fresh, high quality living experience. The five unit property boasts strong rental potential with a projected proforma cat rate of 5.7%, making it a prime investment opportunity in one of Seattle's most sought after neighborhoods. The Caroline is positioned in a high demand area, appealing to both investors seeking solid returns and tenants looking for modern, centrally located asset.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,701

Style

5-9 Units

Lot Size

0.0611

Year Built

1910

Town/City

Seattle

County/Region

King

MLS | Web ID

2316642

Features
General
Interior Features Laminate Hardwood
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Tenant's Rights
Roof Flat
Exterior Features Wood
HOA Fee 0
Year Built 1910
Property Subtype Multi-Family
Tax Year 2023
Building Name Walla Walla Add
County King
Net Operating Income 142380
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Central Area
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-5 take James exit head east. Road turns into Cherry St. Turn south on 21st then east on James. Property on south side of street. GPS is accurate.
High School Garfield High
City Seattle
Senior Community Y/N N
High School District Seattle
Open Parking Spaces 0
NumberOfUnitsTotal 5
MLS Area 390 - Central Seattle
Lot Size Units Square Feet
Lot Size Square Feet 2660
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Bailey Gatzert
Tax Annual Amount 11701
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Wash Mid
Property Condition Remodeled
Public Remarks The Caroline is a newly renovated multi-family property well situated on Capitol Hill just a half mile from Seattle University. Completely transformed in 2024 the building was stripped down to the st
Leasable Area 4800
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City
Units Below Grade true
Units In Building Total 5
Zoning Class Multi-Family
Water Sewer Garbage 0
Property Style 55 - 5-9 Units
Cap Rate 0
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 5
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Alley
Water Source Public
Total Parking 0
Building Area Total 6240
Lot Size Acres 0.0611
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
Lot Number 19-20
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Internal Only
OriginalMLSID NWM2316642
Street Number 1 2123
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* Excluded Features
List By
Carter Custer

Listing Agent

Nordic Real Estate

Broker

Affordability Calculator

$15,948
Per Month
94%
6%
0%
Monthly Principal & Interest
$14,973
Monthly Property Taxes
$975
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2182131 Elementary School
258354 Middle School
Garfield High High School
Pricing History
DatePricePrice ChangeDescription
12/14/2024$2,500,000 Listed Price

Map


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2123 E James Street, Seattle, WA, 98122 is a Multi-Family Home for sale at $2,500,000 with 6,240 sqft and a lot size of 0.0611. 2123 E James Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 98122 which is in Seattle, WA