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Capitol Hill Apartments: 11 Units
For Sale
$2,700,000
Pending

219 Belmont Ave E, Seattle, WA 98102

11-unit apartment building in Seattle's Capitol Hill neighborhood.

Property SizeContact for details
Days on Market512

Property Features for 219 Belmont Ave E

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1910
Listing Agency: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Listed By: CANDICE CHEVAILLIER, CCIM
Source: Corcoran
Added: Mar 27, 2025 Changed: Aug 17 Last Checked: Jul 23 at 9:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES

Investment Insights

Based on property information with market context.

The Lanning Apartments is an 11-unit apartment building located in the Capitol Hill neighborhood of Seattle. Constructed in 1910, this brick veneer building features spacious layouts averaging 827 square feet. The unit mix includes 10 one-bedroom units and 1 two-bedroom unit. The kitchens and bathrooms have been updated on turnover. Ten of the eleven apartments include in-unit washers and dryers. The property is located near Broadway's retail corridor, the Capitol Hill Light Rail Station, and South Lake Union, providing access to employment, nightlife, and daily conveniences.

Key Highlights

  • Prime Capitol Hill location, a highly desirable and walkable Seattle neighborhood.
  • Spacious units averaging 827 SF, a rare find in Capitol Hill.
  • Proximity to Broadway retail, Capitol Hill Light Rail Station, and South Lake Union.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Mobile Phone Store Clothing & Fashion Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,452
Businesses Nearby

Demographics for 98102, WA

25,066
Population
17,944
Households
1.4
Avg Household Size
34
Median Age
79%
College-Educated
99%
High-School Grad
1.3 sq mi
ZIP Area
19,282
Density / Sq Mi
$114,395
Median Household Income
$80,130
Median Earnings
$1,920
Median Rent
$988,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 11-unit apartment building in Seattle's Capitol Hill neighborhood.
Where is this apartment building located?
The property is located at 219 Belmont Ave E Seattle, WA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Prime Capitol Hill location, a highly desirable and walkable Seattle neighborhood.; Spacious units averaging 827 SF, a rare find in Capitol Hill.; Proximity to Broadway retail, Capitol Hill Light Rail Station, and South Lake Union.
More about this property
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