$1,425,000
 $7,650 est/mo Sourced by Back At You

1505 E Galer Street 1-4,Seattle, WA 98112

Seattle, WA 98112

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Description

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.

Details

MLS #2503402
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1958
Days On Site166
Listing Provided ByKidder Mathews | Dan Swanson

Features

SQ Feet3,695
Story(s)2
Units4
ZoningMulti-Family
Acreage0.11

Taxes

Property15896

Area Information

StateWA
CountyKing
CitySeattle
Zip Code98112
Area390 Central Seattle
Community NameNorth Capitol Hill
School DistrictGarfield High
Elementary SchoolStevens
High SchoolGarfield High
Listing VS Median (in North Capitol Hill)
Price:
$1,425,000
low | high
Med:
$1,250,000
62.280701754386% of Average
sqft:
3,695
low | high
Med:
1,781
100% of Average
$ / sqft:
$386
low | high
Med:
$702
31.989223479811% of Average
On site:
166
low | high
Med:
46
100% of Average
Sourced by Back At You

Market Activity 98112

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Based on information submitted to the MLS GRID as of September 19, 2026 at 7:39:45 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateWA
CountyKing
CitySeattle
Zip Code98112
Area390 Central Seattle
Community NameNorth Capitol Hill
School DistrictGarfield High
Elementary SchoolStevens
High SchoolGarfield High
Listing VS Median (in North Capitol Hill)
Price:
$1,425,000
low | high
Med:
$1,250,000
62.280701754386% of Average
sqft:
3,695
low | high
Med:
1,781
100% of Average
$ / sqft:
$386
low | high
Med:
$702
31.989223479811% of Average
On site:
166
low | high
Med:
46
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.68M - $1.781M
sqft: 2,500 - 4,500
Listing Updated: July 10, 2026 at 11:39:21 AM PDT