509 19th Avenue E, Seattle, WA 98112

Local realty services provided by:Knipe Realty ERA Powered
Listed by: max frame
Office: kidder mathews
MLS#:2458090
Source:NWMLS
509 19th Avenue E,Seattle, WA 98112
$5,490,000
  • - Beds
  • - Baths
  • 13,405 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$5,490,000
  • Price per sq. ft.:$409.55

About this home

Built in 1968, this 19-unit apartment building offers an A+ Capitol Hill location in the heart of the 19th Ave E retail corridor, just steps from some of Seattle’s top restaurants and bars. The property features a desirable mix of spacious 1-bedroom and 2-bedroom units averaging approx. 706 SF, ample parking, and updates to key building systems. In-place operations provide steady, strong cash flow with clear upside through rent increases and unit improvements. Situated on a 16,800 SF parcel with NC1-55(M) zoning, 509 presents an exceptional value-add, land-bank, and future redevelopment opportunity in one of the city’s most coveted neighborhoods.

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Home facts

  • Year built:1968
  • Listing ID #:2458090
  • Updated:December 17, 2025 at 10:43 PM

Rooms and interior

  • Living area:13,405 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Torch Down
  • Year built:1968
  • Building area:13,405 sq. ft.
  • Lot area:0.39 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$5,490,000
  • Price per sq. ft.:$409.55
  • Tax amount:$64,892 (2025)
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