Property Details

1814 E Denny Way
Seattle, WA 98122
$2,500,000
MLS# 2528093 courtesy of NWMLS Listing firm: Westlake Associates, Inc.

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 1814 E Denny Way , Seattle, WA 98122, Seattle, MLS# 2528093

Schedule a Showing

1814 E Denny Way , Seattle, WA 98122, Seattle

Request Information

1814 E Denny Way , Seattle, WA 98122, Seattle

1 / 12
Multi-Family
Property Type
4,051
Bldg Sq Ft
8
Units
5.03%
Cap Rate
2014
Year Built

Property Overview

Located along a quiet residential street between the vibrant 15th Avenue and 19th Avenue commercial corridors, Mod 19 offers residents immediate access to Capitol Hill’s restaurants, coffee shops, boutiques, grocery stores, and neighborhood amenities. Broadway, the Pike/Pine Corridor, Volunteer Park, and the Capitol Hill Light Rail Station are all within close walking distance, providing convenient access to Downtown Seattle, South Lake Union, the University District, and SeaTac Airport. Situated on a 4,000 square foot LR3-zoned lot, the property consists of eight thoughtfully designed units including four studios averaging approx. 255 SF, three 2BR/1BA units averaging approx. 620 SF, and a two-story penthouse 2BR/2BA unit totaling approx. 923 SF with expansive city, lake, and mountain views from the living room and private rooftop deck. The property features modern finishes throughout including granite countertops, stainless steel appliances, in-unit laundry, tile bathrooms, vinyl plank flooring, and large dual-pane vinyl windows. Additional features include hydronic radiant floor heating, individual hot water tanks, and modern electrical, plumbing, roofing, siding, and window systems consistent with newer construction standards. With modern design, durable construction, and an irreplaceable Capitol Hill location, Mod 19 Apartments offers investors a compelling combination of strong tenant demand, operational efficiency, and long-term appreciation potential.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Capitol Hill
Listed May 26, 2026
Structure Type Multi Family
Parcel Number 5707500035

Tax & HOA

Annual Property Tax $23,837 (2026)
Est. Monthly Tax $1,986/mo

Financial Summary

Cap Rate 5.03%
Net Operating Income $125,756
Gross Scheduled Income $194,580
Gross Rent Multiplier 12.85
Total Expenses $59,095
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 4,051
Leasable Area 3,804 sqft
Total Units 8
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 3,999 sqft
Year Built 2014

Exterior & Lot

Lot Size 0.09 sqft
Year Built 2014
Exterior Materials See Remarks
Sewer Sewer Connected
Lot Features Paved
Exterior Features See Remarks

Community & Access

Directions From I-5 N: Take Exit 165, R on Madison, L on 19th Ave, L on E Denny Way, Prop on R. From I-5 S: Take Exit 166, R on Steward, L on Denny, L on E Olive, Cont on E John St, R on 15th Ave E, L on Denny

Location

City Seattle
County King
Coordinates 47.61873, -122.30807

Additional Information

Tax Year 2026
Annual Taxes $23,837
Possession Array
Listed By
Curran C. Hagstrom
Westlake Associates, Inc.

Schedule a Showing

Have a Question?

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 1814 E Denny Way , Seattle, WA 98122, Seattle, MLS# 2528093