Type
Price
Beds
Baths
Filters

2123 East James Street Seattle, WA 98122

$2,195,000
0.06
Acres
6,240
SQFT
352
$/SQFT
$2,195,000
6,240   sf
$352 / sf
Favorite

active
1/11
Street View

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 cap rate of 5.97%, 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 place to live.

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 cap rate of 5.97%, 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 place to live.

  • Neighborhood
    Central Area
  • Type
    Commercial
  • County
    King
  • Area
    390 - Central Seattle
  • Tax Amount
    $11,701
  • Status
    Active
  • Listing #
    2316642
  • Built
    1910
  • Lot Size
    0.06
  • Listed on site
    199 days

Listed by:
Nordic Real Estate

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-07-01 20:52:02. DMCA
Click for Map
Smart Commute Planner
Add a destination

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
May 10, 20252 mos agoPrice decreased55,000 (2%)$2,195,000
Apr 17, 20252 mos agoPrice decreased100,000 (4%)$2,250,000
Mar 27, 20253 mos agoPrice decreased150,000 (6%)$2,350,000
Dec 14, 20247 mos agoNew on market$2,500,000
Favorite

Tour This Home

Tue
01Jul
Wed
02Jul
Thu
03Jul
Fri
04Jul
Sat
05Jul
Sun
06Jul
Mon
07Jul
Tue
08Jul
Wed
09Jul
Thu
10Jul
Fri
11Jul
Sat
12Jul
Sun
13Jul
Mon
14Jul
in Person
via Video Call