Seattle, WA 98102 219 Belmont Avenue E
$2,700,000
11 more
Presented By: Lee & Associates Commercial RE and NWMLS
- MLS# 2416448
- 08/04/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 9,350
Home Details
The Lanning, an 11-unit apartment in the heart of Capitol Hill. This well-maintained brick veneer building, built in 1910, offers spacious layouts 827 SF on avg, a rare find in a neighborhood known for compact apartments. The unit mix consists of 10 one-bedroom units and 1 two-bedroom unit, well-preserved hardwood floors, and in-unit w/d in 10 of the units. Steps from Broadway’s vibrant retail corridor, the Light Rail Station & SLU. Currently operating with below market rents, The Lanning presents a clear value-add opportunity. Whether repositioning as a bespoke high-end rental or realizing efficiencies as stabilized asset, The Lanning represents an unparalleled opportunity to own in one of Seattle’s most resilient and dynamic submarkets.
Presented By: Lee & Associates Commercial RE and NWMLS
Interior Features for 219 Belmont Avenue E
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringSee Remarks
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 219 Belmont Avenue E
AmenitiesBasement, See Remarks, Storage, Thermal Windows
Building Area UnitsSquare Feet
Cap Rate6.38
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsEast on Olive Way left on Belmont, Mid Block
Electric Expense
Energy EfficientThermal Windows
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard, Forced Air, Other See Remarks
High School DistrictSeattle
Insurance Expense8375
Leasable Area9350
Listing TermsCash Out, Conventional
Lot Size Square Feet4800
Lot Size UnitsSquare Feet
MLS Area390 – Central Seattle
ModificationTimestamp2025-09-10T21:43:13.262Z
NWM_ShowMapLinkY
Net Operating Income203718
New ConstructionNo
Number Of Units Total11
Open Parking Spaces0
PossessionClosing, Subject to Tenant Rights
Property ConditionAverage
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThe 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 c
RoofFlat
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameCapitol Hill
Tax Annual Amount30995
Tax Year2025
Units Below Gradetrue
Units In Building Total11
Water Sewer Garbage18916
Waterfront FeaturesBayfront
Year Built1910
Exterior for 219 Belmont Avenue E
Building Area Total9350
Covered Spaces
Exterior AmenitiesBrick, Cement Planked, Stucco
Foundation DetailsBlock, Poured Concrete, See Remarks
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Curbs, Paved, Sidewalk
Lot Size Acres0.1102
Parking Uncovered Spaces0
Site FeaturesFenced-Partially
Total Parking0
Water SourceCommunity
Waterfront Y/NYes
Additional Details
Price History
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