605 E Denny Way Seattle WA 98122 MLS #NWM2429318

605 E Denny Way
Seattle, WA, 98122
$4,650,000
MLS #NWM2429318 image #0
Listing Provided Courtesy of Paragon Real Estate Advisors / Sound Asset Partners LLC
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 Mar 10, 2026
153
Multi Family Listed
100
Avg DOM
443
Avg $ / SqFt
$2,240,796
Avg List Price

Property Details

Price:
$4,650,000
MLS #:
NWM2429318
Status:
Closed (Jan 16, 2026)
Beds:
7
Baths:
30
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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Karrie Kelley

Karrie Kelley

Realtor®

Phone 425 218-4178

More About Karrie
Courtesy of Paragon Real Estate Advisors. Disclaimer: Based on information submitted to the MLS GRID as of Mar-09-2026 11:55:51 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.
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605 E Denny Way
Seattle, WA