MLS #2503402 / Listing provided by NWMLS & Kidder Mathews.
$1,425,000
1505 E Galer Street
Unit 1-4
Seattle,
WA
98112
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Parking Total: 4
- Total Uncovered Parking Spaces: 4
Structure
- Roof: Flat
- Exterior Features: Brick, Cement Planked, Stucco, Wood Products
Lot Details
- Lot Features: Adjacent to Public Land, Alley, Corner Lot, Curbs, Paved, Sidewalk
- Acres: 0.1065
Schools
- High School District: Seattle
- High School: Garfield High
- Middle School: Meany Mid
- Elementary School: Stevens
Lot Details
- Lot Features: Adjacent to Public Land, Alley, Corner Lot, Curbs, Paved, Sidewalk
- Acres: 0.1065
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Public
- Water, Sewer, and Garbage: 5580
Errin Calkins
REALTOR®
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