1505 E Galer Street #1-4, Seattle, WA 98112 (MLS # 2503402)

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Listing provided courtesy of Northwest MLS; Kidder Mathews

PRICE $1,425,000
BEDS 0
BATHS 0
HOME SIZE 3,695 sqft
LOT SIZE 4,640 sqft
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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.

LAST UPDATED 4/6/2026 TRACT North Capitol Hill
YEAR BUILT 1958 COMMUNITY North Capitol Hill
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Stevens
Jr. High School Meany Mid
High School Garfield High


ADDITIONAL DETAILS
AIR None
AREA 390 - Central Seattle
CONSTRUCTION Brick, Cement Siding, Stucco, Wood Siding
HEAT Electric, Forced Air
LOT 4639 sq ft
LOT DESCRIPTION Adjacent to Public Land, Alley, Corner Lot, Curbs, Paved, Sidewalk
MLS STATUS Active
STORIES 2
STYLE 54 - 4-Plex
SUBDIVISION North Capitol Hill
TAXES 15896
UTILITIES Sewer Connected
WATER Public
ZONING Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/7/26 4:46 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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