PROPERTIES FOR SALE

741 Federal Avenue E Seattle, WA 98102

NWMLS Courtesy of Kidder Mathews
741 Federal Avenue E
Seattle, WA 98102
$3,250,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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David Apartments is a rare Capitol Hill investment opportunity ideally located on Federal Avenue East, just moments from Volunteer Park, the Broadway retail corridor, and Capitol Hill Light Rail. Built in 1927, the property showcases timeless brick architecture, original character, and high ceilings that set it apart from commodity inventory. With a Walk Score of 94, the location supports strong and consistent tenant demand. In-place rents are well below nearby renovated comps, presenting a clear value-add opportunity through strategic interior upgrades. Located in one of Seattle’s most desirable, high-barrier-to-entry neighborhoods, David Apartments offers investors the chance to capture meaningful upside in both income and long-term appreciation.
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Property Features

Community: Capitol Hill
10+ Units
View: City
Exterior: Brick
Roof: Flat
Year Built: 1927
2026 Taxes: $23258.00
Buyer Broker Comp.: 1.5%
Listing #: 2501955

Lot Details

Lot Size: 0.16 acres
Lot Dimensions: 6000
Paved
Sidewalk
No. of Units: 2

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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