$5490000
Bed
Bath
13405 SqFt
6 DOM
Built: 1968
CEO & Founder
(650)533-3259Built 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.
Listing Provided Courtesy of Max Frame, Kidder Mathews
NWM2458090
Multi Family
6 DOM
0.39 acres
13405
1968
King
Residential Incom
Multi Family
Listing Provided Courtesy of Max Frame, Kidder Mathews
Kasamestates data last checked: Dec 07, 2025 11:57 | Listing last modified Dec 01, 2025 20:46,
Source:
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