1505 E Galer ST #1-4, Seattle, WA 98112
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1505 E Galer ST #1-4, Seattle, WA 98112
1505 E Galer ST #1-4, Seattle, WA 98112
1505 E Galer ST #1-4, Seattle, WA 98112
1505 E Galer ST #1-4, Seattle, WA 98112
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Sarah Gelman

Sarah Gelman

+1(253) 223-7707
Listed by:Kidder Mathews • Dan Swanson
$ 1,425,000
Est. payment /mo
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Active

1505 E Galer ST #1-4 Seattle, WA 98112

5 Beds

4 Baths

3,695 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,695 sqft

Price per Sqft $385

Subdivision North Capitol Hill

MLS Listing ID 2503402

Style 54 - 4-Plex

Bedrooms 5

Year Built 1958

Annual Tax Amount $15,896

Lot Size 4,640 Sqft

Property Sub-Type Multi Family

Property Description

Well positioned in Seattle's premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area's continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle's desirable neighborhoods.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Fireplace false

Exterior

Exterior Feature Brick, Cement Planked, Stucco, Wood Products

View Y/N No

Roof Type Flat

Building

Lot Description Adjacent to Public Land, Alley, Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Stevens

Middle Schools Meany Mid

High Schools Garfield High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Sarah Gelman

Sarah Gelman

Broker Associate | License ID: 112281

+1(253) 223-7707

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1505 E Galer ST #1-4