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.
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
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