Property Details
741 Federal Avenue E, Seattle, WA 98102
Seattle, WA 98102
$3,250,000
Active
Schedule a Tour
Select your date preference
Request More Info
1 / 21
About This Home
David 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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Capitol Hill
Listed
Apr 2, 2026
Interior Features
Bathrooms
0.0
Stories
3
Exterior & Lot
Lot Size
0.16 sqft
Year Built
1927
Garage
6 spaces
Exterior Materials
Brick
Sewer
Sewer Connected
Lot Features
Paved, Sidewalk
Exterior Features
Brick
Location
City
Seattle
County
King
Coordinates
47.62655, -122.31947
Schools
School District
Seattle
Additional Information
Tax Year
2026
Annual Taxes
$23,258
Possession
Array
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of April 2, 2026 10:01 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
