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910 E Prospect St
Seattle, WA 98102
Mansion District Fourplex · Multifamily Property For Sale
·
4 Units


INVESTMENT HIGHLIGHTS
- Premier High-End Residential Neighborhood
- Perfect Owner-Occupier Property
- Potential Redevelopment Site
- Potential to Raise Below Market Rents
- 4,000 SF Lot Zoned LR3
EXECUTIVE SUMMARY
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, Prospect Four is poised for substantial returns in a market where demand continues to outpace supply.
PROPERTY FACTS
| Price Per Unit | $377,482 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 5.60% | Building Size | 2,400 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1905 |
| Property Subtype | Apartment | Parking Ratio | 0.83/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LR3 (M) | ||
| Price Per Unit | $377,482 CAD |
| Sale Type | Investment |
| Cap Rate | 5.60% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 2,400 SF |
| No. Stories | 2 |
| Year Built | 1905 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | LR3 (M) |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 300 |
| 1+1 | 1 | - | 800 |
| 2+1 | 1 | - | 1,000 |
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