219 Belmont Avenue E Seattle WA 98102 MLS #NWM2416448

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Listing Provided Courtesy of Lee & Associates Commercial RE
The Lanning, an 11-unit apartment in the heart of Capitol Hill. This well-maintained brick veneer building, built in 1910, offers spacious layouts 827 SF on avg, a rare find in a neighborhood known for compact apartments. The unit mix consists of 10 one-bedroom units and 1 two-bedroom unit, well-preserved hardwood floors, and in-unit w/d in 10 of the units. Steps from Broadway’s vibrant retail corridor, the Light Rail Station & SLU. Currently operating with below market rents, The Lanning presents a clear value-add opportunity. Whether repositioning as a bespoke high-end rental or realizing efficiencies as stabilized asset, The Lanning represents an unparalleled opportunity to own in one of Seattle’s most resilient and dynamic submarkets.
Current real estate data for Multi Family in Seattle as of Aug 31, 2025
192
Multi Family Listed
97
Avg DOM
469
Avg $ / SqFt
$1,918,024
Avg List Price

Property Details

Price:
$2,950,000
MLS #:
NWM2416448
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Capitol Hill
Neighborhood:
390 – Central Seattle
Listed Date:
Aug 4, 2025
Finished Sq Ft:
9,350
Total Sq Ft:
9,350
Lot Size:
4,800 sqft / 0.11 acres (approx)
Year Built:
1910
Units:
11
Waterfront390 – Central Seattle390 – Central SeattleCapitol HillSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
See Remarks
Heating
Baseboard, Forced Air, Other – See Remarks

Exterior

Construction Materials
Brick, Cement Plank, Stucco
Exterior Features
Brick, Cement Planked, Stucco
Roof
Flat
Security Features
Partially Fenced

Financial

Net Operating Income
$203,718
Tax Year
2025
Taxes
$30,995

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Property Summary

    Located in the Capitol Hill subdivision, 219 Belmont Avenue E Seattle WA is a Multi Family for sale in Seattle, WA, 98102. It is listed for $2,950,000 To schedule a showing of MLS#nwm2416448 at 219 Belmont Avenue E in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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219 Belmont Avenue E
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