Listed by Westlake Associates, Inc., Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

2312 E Denny Way Seattle, WA 98122

Madison Valley Neighborhood
-- Bed
-- Bath
3,900 Sq Ft
4,287 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $2,000,000 $513 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 3-minute walk to Homer Harris Park
  • McGilvra Elementary School Rated A

About This Home

As of June 2022

Located at the edge of Seattle’s thriving Capitol Hill neighborhood, the Caldwell presents investors with the opportunity to own a turn-key investment property with an in-place 4.75% cap rate in one of the premier sub-markets in Seattle. The property is situated with south facing units less than a block off Madison- a main arterial providing a straight shot to Downtown. With functional 1- & 2-bed floorplans, including (3) townhouse units, the Caldwell capitalizes on the high demand for units with space for a home office. The rapid expansion of Amazon, Google, Meta and other tech giants in nearby SLU, along with the continued grown of Capitol Hill mainstays like Group Health, Swedish, and Seattle U provide demand for units at the Caldwell.

Last Agent to Sell the Property

Curran Hagstrom

Westlake Associates, Inc. License #103072 Listed on: 04/21/2022

Co-Listed By

Collin Hagstrom

Westlake Associates, Inc. License #49398

Last Buyer's Agent

Luna Wang

Skyline Properties, Inc. License #136586

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1920453

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,363

Year Built

  • Built in 1983

Lot Details

  • 4,287 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • 3-Story Property

Community Details

  • No Home Owners Association
  • Madison Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1813800035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,363

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3900
  • Special Features: None
  • Cumulative Days on Market: 347

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 11445

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1813800035
  • Lot Size Acres: 0.0984
  • Lot Size Sq Ft: 4287
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 12331

Multi Family

  • Gross Scheduled Income: 147975
  • Net Operating Income: 94734
  • Number Of Units Total: 5
  • Insurance Expense: 1255
  • Leasable Area: 3900
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 14363

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Off Market -- -- --
11/12/2024 11/12/24 For Rent -- -- --
06/30/2022 06/30/22 Sold $2,000,000 +0.3% $513 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $1,995,000 -- $512 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Curran Hagstrom

    Seller's Agent in 2022

    Curran Hagstrom

    Westlake Associates, Inc.

    (206) 505-9416

    1 in this area

    7 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Collin Hagstrom

    Westlake Associates, Inc.

    (206) 505-9400

    1 in this area

    8 Total Sales

    Section Image
  • Luna Wang

    Buyer's Agent in 2022

    Luna Wang

    Skyline Properties, Inc

    (206) 618-6990

    1 in this area

    20 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1920453

Northwest Multiple Listing Service (NWMLS)

APN: 181380-0035

Washington King County Seattle 98112 Madison Valley

2312 E Denny Way, Seattle, WA

This home is located at 2312 E Denny Way, Seattle, WA 98122 since 21 April 2022. This property was built in 1983. 2312 E Denny Way is a home located in King County with nearby schools including McGilvra Elementary School, Meany Middle School, and Garfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. 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, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes