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$1,200,000
2585317 MLS ⋅ ACTIVE Status
This 6-unit + Office apartment building offers a prime investment opportunity in the heart of Capitol Hill with immediate value-add potential. Just a short walk from the Capitol Hill Light Rail Station, it provides residents easy access to downtown, the University District, and SeaTac Airport. The property includes a balanced unit mix: 2 studios sharing a bathroom and four 1-bd units, 3 of which feature updates like LVP flooring, bathroom improvements, and some new countertops. An office space could be incorporated into a unit to boost square footage and income as well as the ability to add W/D in basement/workroom.

206 12th Avenue E, Seattle

Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com

$1,695,000
2583141 MLS ⋅ ACTIVE Status
We are pleased to present Capitol Hill 7, a well-located 7-unit property positioned in Seattle’s Capitol Hill/Eastlake neighborhood. Built in 1964, the 5,800 SF asset offers an attractive scale for investors seeking a well-located investment opportunity with durable rental demand. The property features LVP flooring throughout, ten on-site parking spaces, common-area laundry, and separate storage lockers for each residence. The roof was installed in 2016, helping reduce near-term capital expenditure requirements. Unit 5 includes an added rear deck with a glass sliding door, providing an enhanced outdoor living amenity. Located near the intersection of Capitol Hill and Eastlake, residents benefit from convenient access to Seattle’s premier dining, nightlife, retail, parks, cultural amenities, and employment centers. The property is a 10-minute walk from the light rail Capitol Hill Station. With its strong in-city location, parking availability, dedicated storage, and value-add potential through future unit upgrades, Capitol Hill 7 presents an appealing opportunity for investors seeking exposure to one of Seattle’s most established rental submarkets.

426 11th Avenue E, Seattle

Listing Broker: Lee & Associates Commercial RE; Sara Bago; ;

$2,100,000
2582746 MLS ⋅ ACTIVE Status
Rare opportunity to own a well-maintained six-unit apartment building in the heart of Capitol Hill, one of Seattle's most sought-after rental neighborhoods. With a Walk Score of 91 (Walker's Paradise), residents are steps from Broadway, 15th Ave E, Cal Anderson Park, the light rail station, and some of the city's best dining and nightlife. The building offers a versatile unit mix: 1 studio, 2 one-bedrooms, and 3 two-bedrooms. Five of the six units feature private balconies or patios, and Unit #6 boasts a Space Needle view. Unit #2 and #6 have been completely renovated, showcasing the finish level achievable across the remaining units as they turn. Designed for low-maintenance ownership, the building features exterior unit access with minimal common area to maintain, durable Marblecrete siding, and updated double-pane windows throughout. 5 on-site parking spaces are a premium amenity in this dense urban neighborhood. Long-term tenants provide stable income. Parking and utilities are presently included in rent, giving the next owner a clear path to increase revenue through separate parking fees and utility billing, in addition to rent increases. A solid, easy-to-operate asset in an A+ location with multiple value-add levers. Ideal for an investor seeking durable cash flow with meaningful upside.

315 13th Avenue E, Seattle

Listing Broker: WPI Real Estate Services, Inc.; TC Wu; ;

$1,695,000
2568186 MLS ⋅ ACTIVE Status
Boutique 6-unit apartment building in Capitol Hill featuring a desirable mix of studio, 1- and 2-bedroom units. On-site laundry and storage space, with added potential to convert space for in-unit washer/dryer installations in additional units. Copper, PVC and Galvanized Plumbing. All electrical panels in units and main panel replaced in April 2025. Value add potential with 18%+ upside in rental income. Fantastic Capitol Hill location in a desirable neighborhood, close to Link Light Rail Station, Volunteer Park, retail and restaurants, errands and groceries.

815 15th Avenue E, Seattle

Listing Broker: Westlake Associates, Inc.; Reid Jones; 206-505-9401; reid@westlakeassociates.com

$1,400,000
2530629 MLS ⋅ ACTIVE Status
Rare corner lot development or renovation opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. Zoned LR2(M), this 3,600 SF corner parcel features an existing ~5,500 SF two-story structure that served as a neighborhood anchor for over four decades. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional site utility and flexibility. Newer multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation and strong momentum in this neighborhood. Ideally situated within walking distance of Swedish Hospital Cherry Hill, Seattle University, and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for the area. Buyer to verify all zoning, permitting, and development feasibility

601 21st Avenue, Seattle

Listing Broker: Asay Realty; Trevor Asay; 206-653-4555; trevor@asayrealty.com

Based on information submitted to the MLS GRID as of . 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.
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