509 19th Avenue E, Seattle, WA 98112

Property Description

This listing courtesy of Max Frame, Kidder Mathews

Built in 1968, this 19-unit apartment building offers an A+ Capitol Hill location in the heart of the 19th Ave E retail corridor, just steps from some of Seattle’s top restaurants and bars. The property features a desirable mix of spacious 1-bedroom and 2-bedroom units averaging approx. 706 SF, ample parking, and updates to key building systems. In-place operations provide steady, strong cash flow with clear upside through rent increases and unit improvements. Situated on a 16,800 SF parcel with NC1-55(M) zoning, 509 presents an exceptional value-add, land-bank, and future redevelopment opportunity in one of the city’s most coveted neighborhoods.

Listing Status:

Active

Listing Office:

Kidder Mathews : 360-705-2800

Listing Agent:

Max Frame : 360-705-2800

MLS ID:

2458090

Interior

• Flooring: Ceramic TileVinyl PlankCarpet
• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• General: Wood
• Parking: Parking spaces: 17

Construction

• Roofing: Torch Down
• General: 56 - 10+ Units

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Seattle
• County: King

Lot

• Zoning: 4232400315
• View: CityView

Utilities

• Sewer: Sewer Connected

Financial

• Source: nwmls

This listing courtesy of Max Frame, Kidder Mathews