741 Federal Avenue E Seattle WA 98102 MLS #NWM2501955
741 Federal Avenue E
Seattle, WA, 98102
$3,250,000
Listing Provided Courtesy of Kidder MathewsDavid Apartments is a rare Capitol Hill investment opportunity ideally located on Federal Avenue East, just moments from Volunteer Park, the Broadway retail corridor, and Capitol Hill Light Rail. Built in 1927, the property showcases timeless brick architecture, original character, and high ceilings that set it apart from commodity inventory. With a Walk Score of 94, the location supports strong and consistent tenant demand. In-place rents are well below nearby renovated comps, presenting a clear value-add opportunity through strategic interior upgrades. Located in one of Seattle’s most desirable, high-barrier-to-entry neighborhoods, David Apartments offers investors the chance to capture meaningful upside in both income and long-term appreciation.
Current real estate data for Multi Family in Seattle as of Apr 03, 2026
155
Multi Family Listed
91
Avg DOM
449
Avg $ / SqFt
$2,208,488
Avg List Price
Property Details
Price:
$3,250,000
MLS #:
NWM2501955
Status:
Active
Beds:
1
Baths:
3
Type:
Multi Family
Subdivision:
Capitol Hill
Neighborhood:
390centralseattle
Listed Date:
Apr 2, 2026
Finished Sq Ft:
7,165
Total Sq Ft:
7,165
Lot Size:
7,165 sqft / 0.16 acres (approx)
Year Built:
1927
Units:
2
Schools
School District:
Seattle
Interior
Cooling
None
Flooring
Ceramic Tile, Vinyl Plank, Carpet
Heating
Baseboard
Exterior
Construction Materials
Brick
Exterior Features
Brick
Garage Spaces
6
Lot Features
Paved, Sidewalk
Roof
Flat
View
City
Financial
Tax Year
2026
Taxes
$23,258
Map
Contact Us
Mortgage Calculator
Community
- Address741 Federal Avenue E Seattle WA
- SubdivisionCapitol Hill
- CitySeattle
- CountyKing
- Zip Code98102
Property Summary
- Located in the Capitol Hill subdivision, 741 Federal Avenue E Seattle WA is a Multi Family for sale in Seattle, WA, 98102. It is listed for $3,250,000 To schedule a showing of MLS#nwm2501955 at 741 Federal 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 Apr-02-2026 8:17:12 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.
741 Federal Avenue E
Seattle, WA