605 E Denny Way Seattle WA 98122 MLS #NWM2429318

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Listing Provided Courtesy of Paragon Real Estate Advisors
Major price improvement. $155,000/unit and Proforma 7.28% cap rate with conservative market rents! The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value.
Current real estate data for Multi Family in Seattle as of Sep 08, 2025
195
Multi Family Listed
95
Avg DOM
465
Avg $ / SqFt
$1,907,742
Avg List Price

Property Details

Price:
$4,650,000
MLS #:
NWM2429318
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Capitol Hill
Neighborhood:
390centralseattle
Listed Date:
Sep 4, 2025
Finished Sq Ft:
15,325
Total Sq Ft:
15,325
Lot Size:
5,196 sqft / 0.12 acres (approx)
Year Built:
1927
Units:
30
390 – Central Seattle390centralseattleCapitol HillSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Heating
Wall Unit(s)

Exterior

Construction Materials
Brick
Exterior Features
Brick
Roof
Flat

Financial

Net Operating Income
$273,462
Tax Year
2025
Taxes
$47,500

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Property Summary

    Located in the Capitol Hill subdivision, 605 E Denny Way Seattle WA is a Multi Family for sale in Seattle, WA, 98122. It is listed for $4,650,000 To schedule a showing of MLS#nwm2429318 at 605 E Denny Way in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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605 E Denny Way
Seattle, WA