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Bedroom
Bath

516 23rd Ave E, Seattle, WA 98112

$800,000
Last sold 09/05/2025 after 16 Days
—
bed
—
bath
1,570
Sqft ($510/Sqft)

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About 516 23rd Ave E

Property type House

Neighborhood

Year built 1917

HOA fee $0/month

Lot size 4,200 Sqft

Movoto estimate

Property description

Don't miss this exciting opportunity to own a unique duplex in Seattle’s vibrant Capitol Hill neighborhood! This versatile property is designed for flexible living, featuring two spacious units, each with a primary bedroom, stylish full kitchen with premium Miele appliances and spacious open concept living areas. Bamboo floors, fireplaces, custom finishes and double-pane windows add warmth and sophistication. Enjoy views of Lake Washington & the Cascade Mountains from the rear unit as well as the terrace and private backyard. Featuring off-street parking and quick access to public transit to UW, downtown or the Eastside. Live in one unit and rent the other, rent both, or reimagine as a single-family home or future development opportunity!

Listed by

Listing Agent - Lisa J Turnure

Listing Office - Coldwell Banker Bain

Source: NWMLS

MLS#2423956 • last updated 11 months ago

Movoto checked NWMLS for data 23 minutes ago

Overview
Cooling/AC	None
Heating	Other See Remarks
Levels/Style	Duplex
MLS #	2423956
SubType	Multi Family
Type	Residential Income
SqFt	1570
Status	Sold
Lot Size (SqFt)	4200
Lot Size (Acres)	0.0964
Property Tax	7152
Buying Office	ZNonMember-Office-MLS
Year Built	1917
Buying Office Phone	425-820-9200
Condition	Updated/Remodeled

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
Construction	Wood
# Open Parking Spaces	3
# Parking Spaces	3
# Uncovered Spaces	3
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Seattle Public Utilities
Water	Public
Water Company	Seattle Public Utilities
Power Company	Seattle City Light
Power Production: Type	Natural Gas
Security Features	Partially Fenced
HOA Amenities	Storage

Location
County	King
Subdivision	Capitol Hill
Area	390 - Central Seattle
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Seattle
High School	Buyer To Verify
APN	1344300355
Zoning	Multi-Family
Directions	Located On 23rd Avenue East Between E Mercer And E Thomas.

Multifamily Details
Net Operating Income	37993
Capitalization Rate	4
Expense: Insurance	1560
Gross Scheduled Income	51540
Expense: Other	2000
Gross Adjusted Income	51540
Total Expenses	13547

Lot/ Land Details
Site Features	Deck, Fenced-Partially, Gas Available

$899K

Range: $692K-$1.1M

Last 30 days

Rental est.: $1,184/month

• Gross rent multiplier: 56.3

Lower your payment with the loan terms that fit you.

Sep 2025
Public Records
Sep 5, 2025 Sold
$800,000
Sep 2025
MLS # 2423956
Sep 5, 2025 Sold
$800,000
Aug 28, 2025 Pending
—
Aug 28, 2025 Pending
—
Aug 20, 2025 Listed
$795,000
Aug 20, 2025 Listed
$795,000
Sep 2025
MLS # 2423786
Sep 5, 2025 Sold
$800,000 (+0.6%)
Aug 28, 2025 Pending
—
Aug 28, 2025 Pending
—
Aug 20, 2025 Listed
$795,000
Aug 20, 2025 Listed
$795,000 (-16.3%)
Jul 2025
MLS # 2417589
Jul 30, 2025 Listed
$950,000
Jul 30, 2025 Listed
$950,000
Jul 2025
MLS # 2411714
Jul 30, 2025 Listed
$950,000
Jul 30, 2025 Listed
$950,000 (+128.4%)
Jun 2012
Public Records
Jun 22, 2012 Sold
$416,000
Jun 2012
MLS # 344925
Jun 22, 2012 Sold
$416,000 (-3.2%)
Apr 18, 2012 Listed
$429,950 (+52.7%)
Oct 2003
MLS # 23118860
Oct 30, 2003 Sold
$281,500
Aug 27, 2003 Listed
$280,000
Oct 2003
Public Records
Oct 29, 2003 Sold
$281,500 (+0.5%)

516 23rd Ave E
$800K
Madison Valley
$925K -24% y/y
98112
$1.29M -10% y/y
Seattle
$679K -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
520 23rd Ave E, Seattle, WA 98112	$1,299,000	4/1	2,650	0.01
512 23rd Ave E, Seattle, WA 98112	$799,000	2/1	1,140	0.01
524 23rd Ave E, Seattle, WA 98112	$1,092,000	3/1	1,760	0.01
508 23rd Ave E, Seattle, WA 98112	$1,137,000	3/1	2,040	0.01
439 24th Ave E, Seattle, WA 98112	$948,000	3/1	1,340	0.02
528 23rd Ave E, Seattle, WA 98112	$917,000	3/1	1,770	0.02
504 23rd Ave E, Seattle, WA 98112	$1,181,000	3/2	2,170	0.02
521 23rd Ave E, Seattle, WA 98112	$892,000	3/1	1,280	0.03

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