MLS #2501955 / Listing provided by NWMLS & Kidder Mathews.
$3,250,000
741 Federal Avenue E
Seattle,
WA
98102
Sq Ft
Per Sq Ft
Year Built
David Apartments is a rare Capitol Hill investment opportunity ideally located on Federal Avenue East, just moments from Volunteer Park, the Broadway retail corridor, and Capitol Hill Light Rail. Built in 1927, the property showcases timeless brick architecture, original character, and high ceilings that set it apart from commodity inventory. With a Walk Score of 94, the location supports strong and consistent tenant demand. In-place rents are well below nearby renovated comps, presenting a clear value-add opportunity through strategic interior upgrades. Located in one of Seattle’s most desirable, high-barrier-to-entry neighborhoods, David Apartments offers investors the chance to capture meaningful upside in both income and long-term appreciation.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 9
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 6
- Parking Total: 0
- Total Uncovered Parking Spaces: 0
Structure
- Roof: Flat
- Exterior Features: Brick
- Foundation: Poured Concrete
Lot Details
- Lot Features: Paved, Sidewalk
- Acres: 0.1645
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Lot Features: Paved, Sidewalk
- Acres: 0.1645
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: Seattle Light
Water, Sewer, and Garbage
- Sewer Company: PSE
- Sewer: Sewer Connected
- Water Company: PSE
- Water, Sewer, and Garbage: 6536
Lauren Vigus
Broker | REALTOR®
Send Lauren Vigus an email