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25455403
25455410

910 E Prospect St, Seattle, WA 98102

CM
WA WA 118627
Westlake Associates, Inc.
Westlake Associates, Inc.
Listed by Westlake Associates, Inc.
$1,095,000
338 days on market
Updated 13 days ago

Mansion District Fourplex

Details
APN 6762700340
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,400
Net Rentable (SqFt) 2,400
Units 4
Cap Rate 4.91%
NOI $53,745
Pro-Forma Cap Rate 6.6%
Pro-Forma NOI $72,311
Price per SqFt $456
Year Built 1905
Buildings 1
Stories 3
Lot Size (SqFt) 4,000
Zoning LR3(M)
Parking Spaces 2 spaces
Parking Per SqFt 0.83

Multifamily | 4 Units | $273,750/unit

Marketing description

The Mansion District Fourplex is a charming 4-unit multifamily property nestled in the heart of Seattle’s prestigious North Capitol Hill neighborhood. This historic gem, built in 1905, blends timeless appeal with modern potential, offering investors a rare chance to capitalize on one of the city’s most desirable areas. Renowned for its upscale residential vibe, seamless access to Broadway Avenue’s vibrant shopping and entertainment scene, and proximity to the expansive 40-acre Volunteer Park, North Capitol Hill stands as a gateway to Downtown Seattle and the booming South Lake Union tech hub. Whether you’re looking to boost rental income through market-rate adjustments, legalize the two lower non-conforming units for added value, owner-occupy a unit while generating passive revenue, or redevelop the site into higher-density housing, the Mansion District Fourplex is poised for substantial returns in a market where demand continues to outpace supply.

Investment highlights

• Premier High-End Residential Neighborhood

• Potential to raise below market rents

• Perfect Owner-Occupant property

• Exterior Brick and Stone Façade siding

• Double Pane Vinyl Windows with vents

• Parking for 2 vehicles

• 4,000 Sq.Ft. Interior Lot

• LR3 (M) Zoning

• Common Laundry Room

• Potential for redevelopment into townhomes, condos or apartments

Listing Contacts

CM
WA WA 118627
Westlake Associates, Inc.
Westlake Associates, Inc.
Listed by Westlake Associates, Inc.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$53,745.00
$4,478.75/mo

Valuation Metrics

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DSCR
4.91%
Cap Rate
4.91%
ROI

Map

Zoning

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LR3(M) ResidentialMulti FamilyLowrise Mandatory Housing Affordability
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View all 38 uses
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Chad Martini
License
WA 118627
Brokerage Address
1200 Westlake Avenue North
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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