535 Federal Avenue E, Seattle, WA 98102 (MLS # 2294285)
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Listing provided courtesy of Northwest MLS; Berkshire Hathaway HS SP
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Unbeatable north Capitol Hill location! This corner lot, legal 4-plex offers 4 spacious 1-bed, 1-bath apartments. Units are in good shape, but dated. Plenty of upside to improve apartments for even better cashflow. Old World Charm, high ceilings, light & bright, great floor plans, gas heat & cooking. Mostly updated plumbing & electrical. Massive attic (more than 1,000 sq. ft.) with potential to finish. Close to EVERYTHING - A Walker's Paradise! Walk to shops, Seattle U, Volunteer Park, Swedish, Seattle CC, QFC, Light Rail, shopping, restaurants, etc. Conveniently located between Broadway & 15th - close to the hustle & bustle yet still a quiet residential neighborhood. Low rents, tons of upside, BEST Cap Hill location. 5.5% Cap Rate.
| LAST UPDATED | 1/15/2025 | TRACT | Capitol Hill |
|---|---|---|---|
| YEAR BUILT | 1902 | COMMUNITY | Capitol Hill |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Jan 15, '25 | $1,150,000 |
|---|---|
| Jan 15, '25 - Today | $1,099,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 390 - Central Seattle |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric, Natural Gas |
| INTERIOR | Wall to Wall Carpet |
| LOT | 1843 sq ft |
| LOT DESCRIPTION | Corner Lot, Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 54 - 4-Plex |
| SUBDIVISION | Capitol Hill |
| TAXES | 10060 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| ZONING | Multi-Family |
TOTAL MONTHLY PAYMENT
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/15/25 6:06 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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