1 of 40

Want to see this property?

Listing courtesy of NWMLS / Berkshire Hathaway HS SP

535 Federal Avenue E

Seattle, WA 98102

– beds
– baths
2,743 sqft
1,841 sqft lot
$400 per sqft
1985 build

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.

Listing courtesy of NWMLS / Berkshire Hathaway HS SP

Last checked: Checking… • Last updated Feb 17, 2025 •

MLS# 2294285 —

The Building

Year Built:

1902
Year Built:

1985
Year Built Source:

Public Records
New Construction:

false
Structure Type:

Quadruplex
Roof:

Composition
Exterior Features:

Wood
Units In Building Total:

4
# of Units Total:

4
Stories Total:

2
Building Area Total:

2743
Building Area Units:

Square Feet
Calculated SqFt:

2743

Interior

Interior Features:

Wall to Wall Carpet
Flooring:

Vinyl, Carpet
Fireplace:

false

Financial & Terms

Possession:

Tenant's Rights

Location

Latitude:

47.624138
Longitude:

-122.319069
Directions:

From Broadway, Head W on E Mercer St. Located on the R, on the corner of E Mercer St & Federal Ave E.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Property Condition:

Good
Parcel Number:

6852700455
Lot Features:

Corner Lot, Curbs, Paved, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.0423
Lot Size SqFt:

1841
Lot Size Source:

Tax Records
Zoning Class:

Multi-Family
Zoning Jurisdiction:

City
View:

Territorial
View:

true
Waterfront:

false
Possible Use:

Multi-Family
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

10060

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Baseboard, Stove/Free Standing

Utilities

Water Company:

Seattle Public Utilities
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

Seattle Public Utilities
Power Company:

Seattle City Light
Water Sewer Garbage:

3333.53
Cable Connected:

Xfinity

Schools

High School District:

Seattle

The Community

Subdivision Name:

Capitol Hill
Senior Community:

false
Association:

false

Parking

Open Parking:

false
Carport:

false

Listing courtesy of NWMLS / Berkshire Hathaway HS SP

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Wed Mar 26 2025 12:36 AM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/15/25 Jan 15, 2025	Price Changed	NWMLS	$1,099,000	-4.4%
9/24/24 Sep 24, 2024	Listed / Active	NWMLS	$1,150,000	18.6% (1.1% / YR)
7/26/23 Jul 26, 2023	Price Changed	NWMLS

Multifamily For Sale

$1,099,000

Price drop −$51,000

Listing provided by broker:

Sterling M. Lemme

Berkshire Hathaway HS SP

Want a closer look?

Go see 535 Federal Avenue E

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Seattle, WA

Similar sold homes

This multifamily located in Capitol Hill, Seattle, WA 98102 is currently for sale for $1,099,000. 535 Federal Avenue E is a 2,743 square foot multifamily with – beds and – baths. 535 Federal Avenue E is in the Capitol Hill neighborhood of Seattle and has a WalkScore® of 94, making it a walker’s paradise. This multifamily is in the attendance area of Edmond S Meany Middle School, Garfield High School, and Lowell Elementary School.

Listing courtesy of NWMLS / Berkshire Hathaway HS SP

Disclaimer: The information contained in this listing has not been verified by Berkshire Hathaway HS SP and should be verified by the buyer.