PROPERTIES FOR SALE

509 19th Avenue E Seattle, WA 98112

NWMLS Courtesy of Kidder Mathews
509 19th Avenue E
Seattle, WA 98112
$5,490,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Built in 1968, this 19-unit apartment building offers an A+ Capitol Hill location in the heart of the 19th Ave E retail corridor, just steps from some of Seattle’s top restaurants and bars. The property features a desirable mix of spacious 1-bedroom and 2-bedroom units averaging approx. 706 SF, ample parking, and updates to key building systems. In-place operations provide steady, strong cash flow with clear upside through rent increases and unit improvements. Situated on a 16,800 SF parcel with NC1-55(M) zoning, 509 presents an exceptional value-add, land-bank, and future redevelopment opportunity in one of the city’s most coveted neighborhoods.

Property Features

Community: Capitol Hill
10+ Units
View: City
Exterior: Wood
Roof: Torch Down
Year Built: 1968
2025 Taxes: $64892.00
Buyer Broker Comp.: 1.5%
Listing #: 2458090

Lot Details

Lot Size: 0.39 acres
Lot Dimensions: 16800
Curbs
Paved
Sidewalk
Value In Land
No. of Units: 3

Interior

Cooling: None
Heating: Baseboard
Electric

Common Features

Coin Op Laundry

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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