509 19th Avenue E Seattle WA 98112 MLS #NWM2458090
509 19th Avenue E
Seattle, WA, 98112
$5,490,000
Listing Provided Courtesy of Kidder MathewsBuilt 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.
Current real estate data for Multi Family in Seattle as of Mar 01, 2026
149
Multi Family Listed
107
Avg DOM
445
Avg $ / SqFt
$2,253,570
Avg List Price
Property Details
Price:
$5,490,000
MLS #:
NWM2458090
Status:
Active
Beds:
3
Baths:
3
Type:
Multi Family
Subdivision:
Capitol Hill
Neighborhood:
390centralseattle
Listed Date:
Dec 1, 2025
Finished Sq Ft:
13,405
Total Sq Ft:
13,405
Lot Size:
16,800 sqft / 0.39 acres (approx)
Year Built:
1968
Units:
3
Schools
School District:
Seattle
Interior
Cooling
None
Flooring
Ceramic Tile, Vinyl Plank, Carpet
Heating
Baseboard
Exterior
Construction Materials
Wood
Exterior Features
Wood
Parking Spots
17
Roof
Torch Down
Financial
Tax Year
2025
Taxes
$64,892
Map
Contact Us
Mortgage Calculator
Community
- Address509 19th Avenue E Seattle WA
- SubdivisionCapitol Hill
- CitySeattle
- CountyKing
- Zip Code98112
Property Summary
- Located in the Capitol Hill subdivision, 509 19th Avenue E Seattle WA is a Multi Family for sale in Seattle, WA, 98112. It is listed for $5,490,000 To schedule a showing of MLS#nwm2458090 at 509 19th Avenue E in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.
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Courtesy of Kidder Mathews. Disclaimer: Based on information submitted to the MLS GRID as of Mar-01-2026 5:13:47 pm. 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.Copyright 2026. All rights reserved.
509 19th Avenue E
Seattle, WA