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JRJeff ReynoldsCompass · Seattle

150 Melrose Avenue E #504, Seattle, WA 98102

Listed by Jalen Holmes, J2 Group

Active1 days on market

$515,000

$503 per sq ft

150 Melrose Avenue E #504, Seattle, WA 98102

Seattle, WA, 98102

Beds
2
Baths
2
Sq ft
1,023
Unit
504
Floor
5
Built
1978
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Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

2
Bedrooms
2
Bathrooms
1,023
Square feet
$503
Per sq ft
Condominium
Type
1978
Year built
1,023 sq ft
Lot
1
Days on market

Condo decision snapshot

The details buyers ask about first

Source: NWMLS listing
Monthly HOA
$503 monthly
Dues include
Common Area Maintenance, Sewer, Trash, Water
Parking
Common Garage
Building
Melrose East Condominium
Unit / floor
Unit 504 · Floor 5
Price per sq ft
$503

HOA dues are only the starting point. Jeff can help you review reserves, insurance, assessments, rental rules, and the resale certificate before you commit.

About this property

LOCATION, LOCATION, LOCATION! Prime Capitol Hill Living: Space, Views, & No Rental Cap! Enjoy the best of city living in this bright and spacious 1,023 sq. ft. unit. This beautifully updated 2-bedroom, 1.5-bath condo perfectly blends modern comfort with an unbeatable location. This properly has been meticulously maintained and features an updated kitchen, fresh interior paint, a cozy gas fireplace, and rare air conditioning for those warm summer days. Seated on the 5th floor, you'll also capture excellent natural light, the best city views, and picturesque Olympic mountain views. Parking includes a designated parking spot inside within a secure garage area. But with this location, you can leave the car behind! With a phenomenal walk score, you are just steps from the vibrant shops and restaurants on Broadway, the Light Rail, and minutes from the Amazon and Google campuses. Investor Alert: With no rental cap, this turnkey property offers incredible value and convenience for both savvy investors and live-in homeowners alike.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2560345
Listed
July 31, 2026
Days on market
1
Price per sq ft
$503

Unit & building

Unit
504
Floor
5
Building
Melrose East Condominium
Stories in building
5
Unit levels
One
Units in building
43

Homeowners association

HOA dues
$503 monthly
Dues include
Common Area MaintenanceSewerTrashWater

Parking

Parking
Common Garage

Views

View
CityLakeMountainsSoundTerritorial
View from
See Remarks

Construction

Year built
1978
Style
30 - Condo (1 Level)
Structure
Condominium
Roof
Flat

Heating & cooling

Heating
Baseboard
Cooling
Window Unit(s)
Energy source
Electric

Interior features

Features
Cooking-ElectricDryer-ElectricFireplaceInsulated WindowsWalk-In Closet(s)WasherWater Heater
Fireplaces
1
Fireplace type
Gas

Flooring

Flooring
LaminateCarpet

Appliances

Appliances
DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Features
Cable TVElevatorFire SprinklersGatedHigh Speed Int AvailLobby EntranceOutside Entry
Bus line nearby
Yes

Lot

Lot features
AlleyCorner LotPavedSidewalk
Lot size
1,023 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
HOA
Sewer
HOA
Power
Seattle City Light

Schools

District
Seattle
Elementary
Lowell
Middle
Tops K-8
High
Garfield High

Listing history

  1. Listed

    $515,000

    July 31, 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

$3,502

Principal & interest
$2,604
Property tax (est.)
$395
HOA dues
$503

Assumes $103,000 down (20%), a $412,000 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 August 1, 2026 at 10:45 AM 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.