2123 E James Street, Seattle, WA 98122 (MLS # 2316642)
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Listing provided courtesy of Northwest MLS; Nordic Real Estate
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The Caroline is a newly renovated multi-family property well situated on Capitol Hill just a half mile from Seattle University. Completely transformed in 2024, the building was stripped down to the studs and rebuilt with modern finishes, offering a fresh, high quality living experience. The five unit property boasts strong rental potential with a projected proforma cat rate of 5.7%, making it a prime investment opportunity in one of Seattle's most sought after neighborhoods. The Caroline is positioned in a high demand area, appealing to both investors seeking solid returns and tenants looking for modern, centrally located asset.
| LAST UPDATED | 3/27/2025 | TRACT | Central Area |
|---|---|---|---|
| YEAR BUILT | 1910 | COMMUNITY | Central Area |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Bailey Gatzert |
|---|---|
| Jr. High School | Wash Mid |
| High School | Garfield High |
| PRICE HISTORY | |
| Prior to Mar 27, '25 | $2,500,000 |
|---|---|
| Mar 27, '25 - Today | $2,350,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 390 - Central Seattle |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| INTERIOR | Laminate Hardwood |
| LOT | 2662 sq ft |
| LOT DESCRIPTION | Alley |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Central Area |
| TAXES | 11701 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
Properties with the 
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 4/10/25 9:31 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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