741 Federal AVE E, Seattle, WA 98102
741 Federal AVE E, Seattle, WA 98102
741 Federal AVE E, Seattle, WA 98102
21
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Listed by:Kidder Mathews • Max Frame
$3,250,000
Est. payment /mo
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1 Bed
3 Baths
7,165 SqFt
Active

741 Federal AVE E Seattle, WA 98102

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,165 sqft

Price per Sqft $453

Subdivision Capitol Hill

MLS Listing ID 2501955

Style 56 - 10+ Units

Bedrooms 1

Year Built 1927

Annual Tax Amount $23,258

Lot Size 7,165 Sqft

Lot Dimensions 6000

Property Sub-Type Multi Family

Property Description

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

State WA

County King

Area 390 - Central Seattle

Interior

Flooring Ceramic Tile, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Brick

Garage Spaces 6.0

View Y/N Yes

View City

Roof Type Flat

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://simonandersonteam.com/listings/david-apartments/

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

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DJ Gee

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