PROPERTIES FOR SALE

221 Belmont Avenue E Seattle, WA 98102

NWMLS Courtesy of Lee & Associates Commercial RE
221 Belmont Avenue E
Seattle, WA 98102
$4,000,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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The Strand is an 18-unit brick building in the heart of Capitol Hill, one of Seattle’s most walkable, amenity-rich neighborhoods. Comprised of studio units ideal for urban renters, it features upgraded electrical systems (2013) & modern tankless water heaters (2022). Plans and permits are in place for three additional units and a seismic retrofit, enhancing revenue and value. An adjacent 11-unit building is also available, offering a rare chance to assemble 9,600 SF of MR(M)-zoned land. With a prime walkable location, a clear path to income growth through unit additions and interior enhancements & scale through an adjacent acquisition, The Strand presents an exceptional opportunity to own a character-rich asset in a high-demand submarkets.
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Property Features

Community: Capitol Hill
10+ Units
View: City
Exterior: Brick
Roof: Flat
Year Built: 1928
2025 Taxes: $36914.00
Buyer Broker Compensation: 1.5%
Listing #: 2368693

Lot Details

Lot Size: 0.11 acres
Alley
Curbs
Sidewalk
No. of Units: 18

Interior

Cooling: None
Heating: Baseboard
Electric
Natural Gas

Common Features

Basement
Coin Op Laundry
Fire Sprinklers
Thermal Windows
See Remarks

Schools

District: Seattle
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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