The Mansion District Fourplex is a charming 4-unit multifamily property nestled in the heart of Seattle’s desirable North Capitol Hill neighborhood next to Volunteer Park. Two units are nonconforming units, but can be permitted with SDIC as a value-add opportunity (buyer to verify). 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. 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, this fourplex is poised for substantial returns in a market where demand continues to outpace supply.
The Mansion District Fourplex is a charming 4-unit multifamily property nestled in the heart of Seattle’s desirable North Capitol Hill neighborhood next to Volunteer Park. Two units are nonconforming units, but can be permitted with SDIC as a value-add opportunity (buyer to verify). 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. 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, this fourplex is poised for substantial returns in a market where demand continues to outpace supply.
Neighborhood
Type
County
King
Area
390 - Central Seattle
Tax Amount
$12,473
Status
Active
Listing #
2542462
Built
1905
Lot Size
0.09
Listed on site
15 days
Listed by:
Westlake Associates, Inc.
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 2026-07-04 04:28:56.
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