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32-Unit Apartment Building

405 E Olive St, Seattle, WA 98122

For Sale
Contact for pricing

The historic property is in Seattle’s Capitol Hill neighborhood, near three major hospitals.

Property SizeContact for details
Days on Market23

Property Features for 405 E Olive St

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood Broadway

Additional Details

Multifamily Units 32

Building Details

Year Built 1923
Listing Agency: Berkadia
Listed By: Mitchell Belcher · License WA #125100
Source: Crexi
Added: Oct 22 Changed: Nov 13 Last Checked: Nov 12 at 5:15AM

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 Berkadia

Rey
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Investment Insights

Based on property information with market context.

Built in 1923, this 32-unit apartment property is located at 405 E Olive St in Seattle’s Capitol Hill neighborhood. Its age and residential use define the available property profile.

The property is in Capitol Hill, with Downtown Seattle and three major hospitals described as minutes away.

Key Highlights

  • 32‑unit apartment property
  • Built in 1923
  • Located at 405 E Olive St in Seattle’s Capitol Hill neighborhood

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

32
Residential units

Location Intelligence

Trade Area within ½ mile

15,001
Businesses Nearby

Demographics for 98122, WA

41,646
Population
24,942
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
18,107
Density / Sq Mi
$106,479
Median Household Income
$69,673
Median Earnings
$1,991
Median Rent
$929,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Seattle, WA

$411 Jul
$412 Aug
$378 Sep
$376 Oct

Properties on Market for Apartment buildings in Seattle

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The historic property is in Seattle’s Capitol Hill neighborhood, near three major hospitals.
Where is this apartment building located?
The property is located at 405 E Olive St Seattle, WA.
What is the asking price?
The asking price for this property is $4,695,000.
What are key features of this property?
This property features: 32‑unit apartment property; Built in 1923; Located at 405 E Olive St in Seattle’s Capitol Hill neighborhood
(425) 891-9594 Call to check price and availability
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