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409 10th Ave E, Seattle, WA 98102

$4,650,000
Last sold 03/06/2026 after 95 Days
—
bed
—
bath
11,105
Sqft ($419/Sqft)

House not for sale

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About 409 10th Ave E

Property type House

Neighborhood

Year built 1928

HOA fee $0/month

Lot size 5,958 Sqft

Movoto estimate

Parking 6 garage spaces

Property description

Classic 22-unit Capitol Hill trophy asset built in 1928 just off the vibrant Broadway retail corridor in a quiet residential setting with excellent access to bars, restaurants, shops, and amenities. Brimming with old-world charm, the building features stained glass, vintage tile, coved ceilings, and arched doorways that attract residents who value character. Strong in-place cash flow with upside by bringing classic units to market rent or completing full renovations to achieve top-of-market rents. Just two blocks to Capitol Hill Light Rail and offering gated parking for added convenience.

Listed by

Listing Agent - Max Frame

Listing Office - Kidder Mathews

Source: NWMLS

MLS#2458198 • last updated 4 months ago

Movoto checked NWMLS for data 6 minutes ago

Overview
Cooling/AC	None
Heating	Heat Pump
Levels/Style	Multi Family
MLS #	2458198
SubType	Multi Family
Type	Residential Income
SqFt	11105
Status	Sold
Lot Size (SqFt)	5958
Lot Size (Acres)	0.1368
Property Tax	44989
Buying Office	ZNonMember-Office-MLS
Year Built	1928
Buying Office Phone	425-820-9200
Condition	Very Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Torch Down
# Open Parking Spaces	1
# Garage Spaces	6
# Uncovered Spaces	1

Amenities / Utilities
Sewer/ Septic	Sewer Connected, SPU
Water Company	SPU
Power Company	Seattle Light
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry

Location
View	City
County	King
Subdivision	Capitol Hill
Area	390 - Central Seattle
High School District	Seattle
APN	6850700055

Multifamily Details
Net Operating Income	296188
Capitalization Rate	6.2
Expense: Insurance	6353
Expense: Electricity	13601
Gross Scheduled Income	389113
Expense: Fuel	13602
Expense: Other	63356
Gross Adjusted Income	451690
Total Expenses	155502
Gross Rent Multiplier	16
Nwm_Totalmonthlyincome	34894

$4.52M

Range: $4.07M-$4.98M

Last 30 days

Rental est.: $729/month

• Gross rent multiplier: 531.8

Lower your payment with the loan terms that fit you.

Mar 2026
Public Records
Mar 6, 2026 Sold
$4,645,600
Mar 2026
MLS # 2458198
Mar 6, 2026 Sold
$4,650,000 (-2.9%)
Dec 12, 2025 Pending
—
Dec 1, 2025 Listed
$4,790,000 (+52.8%)
Dec 2011
Public Records
Dec 19, 2011 Sold
$3,135,652 (+34.4%)
May 2006
Public Records
May 3, 2006 Sold
$2,332,250

409 10th Ave E
$4.65M
Broadway
$549K -48% y/y
98102
$825K -19% y/y
Seattle
$679K -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
406 10th Ave E, Seattle, WA 98102	$1,111,000	3/1	1,640	0.02
402 10th Ave E, Seattle, WA 98102	$1,132,000	3/1	1,700	0.03
426 10th Ave E, Seattle, WA 98102	$1,402,000	4/1	2,240	0.04
1012 E Harrison St, Seattle, WA 98102	$1,259,000	4/1	1,650	0.04
1013 E Republican St, Seattle, WA 98102	$1,749,000	—/—	—	0.06
309 10th Ave E, Seattle, WA 98102	$916,000	2/1	960	0.06
305 10th Ave E, Seattle, WA 98102	$766,000	—/1	560	0.07
1017 E Republican St, Seattle, WA 98102	$1,569,000	—/—	—	0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.