Listed by Lee & Associates Commercial RE
$1,695,000

Estimated payment $11,126/month

10 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Vinyl Plank Flooring
  • Garfield High School Rated A
  • Patio
  • 1-minute walk to Broadway Hill Park

About This Home

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.

Listing Agent

Sara Bago

Lee & Associates Commercial RE License #20119704 Listed on: 09/15/2026

Co-Listing Agent

Candice Chevaillier, CCIM

Lee & Associates Commercial RE License #18886

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2583141

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,753

Year Built

  • Built in 1964

Lot Details

  • 5,986 Sq Ft Lot
  • Property is in very good condition

Parking

  • 6 Covered Spaces

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6852700165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,753

Year Built

Built in 1964

Lot Details

5,986 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1964
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry,Fire Sprinklers,Storage

Exterior Features

  • Roof: Flat
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Cement, Wood
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Block
  • Property Condition: Very Good

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking: No
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6852700165
  • Lot Size Acres: 0.1374
  • Lot Size Sq Ft: 5986
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 10.5
  • LeasedItems: None
  • TotalMonthlyIncome: 13016

Tax Info

  • Year: 2026
  • Tax Annual Amount: 20753

Multi Family

  • Number Of Units Total: 7
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,753 $1,976,000 $1,795,800 $180,200
2024 $18,737 $1,916,500 $1,915,500 $1,000
2023 $20,587 $2,232,000 $1,915,500 $316,500
2022 $19,920 $2,417,000 $1,406,700 $1,010,300
2021 $22,825 $2,153,000 $1,406,700 $746,300
2020 $22,214 $2,360,000 $1,676,000 $684,000
2018 $18,003 $1,819,000 $1,167,200 $651,800
2017 $14,378 $1,811,000 $1,167,200 $643,800
2016 $11,619 $1,487,000 $658,400 $828,600
2015 $10,362 $1,179,000 $658,400 $520,600
2014 -- $1,075,000 $658,400 $416,600
2013 -- $898,000 $658,400 $239,600
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Limited Warranty Deed -- None Available
Warranty Deed $240,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $580,000 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2583141

Northwest Multiple Listing Service (NWMLS)
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