403 Thomas St, Seattle, WA 98102
Edgene Apartments presents a rare opportunity to acquire a well-maintained 9-unit multifamily property in one of Seattle’s most desirable rental markets. Built in 1966, this classic mid-century asset combines strong in-place income with meaningful upside potential in a premier Capitol Hill location.Boasting a Walker’s Paradise walk score of 95, the property offers easy access to Downtown Seattle and South Lake Union as well as to an abundance of neighborhood restaurants, retail, and everyday amenities. Public transportation options are outstanding, with a light rail station and seven bus lines within a 10-minute walk, providing seamless connectivity throughout Seattle and the greater metropolitan area. Residents benefit from quick, convenient transit to major employment centers, entertain
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.