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Listed by: Dan Swanson (425) 444-6501 | Kidder Mathews (360) 705-2800
$1,425,000
Monthly Est:$7,093
5 Beds
- 4 Baths
3,695sqft
1505 E Galer St #1-4, Seattle, WA 98112
$1,425,000
$7,093/moEst:
Get Pre-Approved
Multi Family
Built in 1958
$-- HOA
4,640 sqft lot
$386/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 21, 2026 at 4:24 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2503402

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1958
HOA Fees
-
Finished Area
3,695 sqft
Lot Size
4,640 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2503402
MLS Status
Active
Days on Market
180
Cumulative Days on Market
179

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Exterior Features
Brick, Cement Planked, Stucco, Wood Products
Sewer
Sewer Connected
Heating
Forced Air
Cooling
None
Construction
Year Built
Year Built: 1958
Home type
Multi Family
Roof
Flat
Construction Materials
Brick, Cement Plank, Stucco, Wood
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Adjacent To Public Land, Alley, Corner Lot, Curbs, Paved, Sidewalk
Subdivision Name
North Capitol Hill
Price History
| Date | Event | Price |
|---|---|---|
04/06/2026 Source: | Listed for Sale | $1,425,000 $386/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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