$5490000
Bed
Bath
13405 SqFt
85 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
85 DOM
0.39 acres
13405
1968
King
Residential Incom
Multi Family
Listing Provided Courtesy of Max Frame, Kidder Mathews
Kasamestates data last checked: Feb 24, 2026 12:10 | Listing last modified Dec 01, 2025 20:46,
Source:
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