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About the Listing 128 - 149441
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.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
2501955
Year Built
1927
Total Square Footage
1,137
Lot/Acreage
0.16
Interior Details
- Bedrooms: 1
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: PSE
Exterior Details
- Lot Description: Paved,Sidewalk,Zoning: Multi-Family
- Garage Capacity: 6 car
- Parking Spaces: 0
- Lot Dimensions: 6000
- Zoning: Multi-Family
- Roof: Flat
- Others: Brick,Very Good
- Sewer: PSE
Financial Details
- Tax Amount: $23,258
- Taxes w/Assessments: N/A
- Tax/Property ID: 266300053003
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
741 Federal Ave E Seattle, WA 98102
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