Listed by Max Frame, Kidder Mathews
- 7,165
- Square feet
- $454
- Per sq ft
- Multi Family
- Type
- 1927
- Year built
- 7,165 sq ft
- Lot
- 102
- Days on market
About this property
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.
Location & commute
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Property details
Listing details
- Listing number
- #2501955
- Listed
- April 2, 2026
- Days on market
- 102
- Price per sq ft
- $454
Unit & building
- Stories in building
- 3
- Units in building
- 11
Views
- View
- City
Construction
- Year built
- 1927
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- Flat
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Ceramic TileVinyl PlankCarpet
Lot
- Lot features
- PavedSidewalk
- Lot size
- 7,165 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- PSE
- Sewer
- PSE
- Power
- Seattle Light
Schools
- District
- Seattle
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- City
- Multi Family
- Flat
- Baseboard
- None
- Electric
- Ceramic Tile
- Vinyl Plank
- Carpet
- Paved
- Sidewalk
- Cash
Listing history
Listed
$3,250,000
April 2, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$18,926
- Principal & interest
- $16,434
- Property tax (est.)
- $2,492
Assumes $650,000 down (20%), a $2,600,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. 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.