$3,195,000
For Sale

219 Belmont Avenue E

Seattle, WA 98102
9350 sqft | 0.11 acres | #2349691
Listing OfficeLee & Associates Commercial RE
Browse 16 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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.

  • Property Details
      • FoundationBlock, Poured Concrete, See Remarks
      • Lot DescriptionAlley, Curbs, Paved, Sidewalk
      • Exterior MaterialsBrick, Cement Planked, Stucco
      • Exterior FeaturesFenced-Partially
      • Sewer InformationSewer Connected
      • Style56 - 10+ Units
      • Date ListedMarch 26, 2025
      • Property TypeMulti-Family
      • SubdivisionCapitol Hill
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$3,195,000
      • Utility SourceCommunity
      • School DistrictSeattle
      • Taxes Annual$30,995
      • MLS #2349691
      • Cost3195000
      • MLS #2349691
      • Property ConditionAverage
      • Acres0.1102
      • Square Feet9350
      • Year Built1910
      • CountyKing
      • Stories3
      • Days on Market (Cumulative)6

Location

Arron RenfrewReal Estate Group
OR

Interested in Purchasing 219 Belmont Avenue E?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00