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Sold for $1,042,500 on 05/29/25
  • $1,042,500

    535 Federal Ave E, Seattle, WA 98102

    --beds
    --baths
    2,743sqft
    Other
    Built in 1902
    -- sqft lot
    $1,028,700 Zestimate®
    $380/sqft
    $4,863 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Source: BHHS broker feed,MLS#: 2294285

    Facts & features

    Interior

    Heating
    • Electric, Natural Gas
    Features
    • Cable Ready
    Interior area
    • Total structure area: 2,743
    • Total interior livable area: 2,743 sqft

    Property

    Details
    • Parcel number: 6852700455

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Condition
    • Year built: 1902

    Community & neighborhood

    Location
    • Region: Seattle
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,028,700
    2% more+ $20,574
    With Zillow Showcase(estimated)
    $1,049,274