Capitol Hill Homes with 55 - 5-9 Units Style

Welcome to Capitol Hill, one of Seattle’s most vibrant and eclectic neighborhoods! Nestled just east of downtown, Capitol Hill is renowned for its rich history, diverse culture, and lively atmosphere. This area is a haven for those who appreciate the arts, as it boasts an array of galleries, theaters, and music venues. Residents enjoy the convenience of boutique shops, gourmet coffee houses, and a plethora of dining options that cater to every palate—from trendy eateries to beloved local diners.

Capitol Hill is not just a hub for entertainment; it’s also a community that values inclusivity and connection. The neighborhood is home to a variety of parks and green spaces, including the popular Volunteer Park, where you can unwind with a book or take a stroll through the beautiful gardens. The streets are lined with stunning historic homes, many of which reflect the architectural charm of the early 20th century.

For those seeking a unique living experience, Capitol Hill offers a range of homes, particularly those styled within the 55-59 unit category. These buildings often feature a blend of modern amenities and classic aesthetics, making them ideal for anyone from young professionals to families. With a mix of spacious layouts and community-centric designs, these homes provide the perfect backdrop for a vibrant urban lifestyle.

Whether you’re drawn to the bustling nightlife, the artistic spirit, or the sense of community, Capitol Hill is a place where you can truly thrive. Explore the charm of this dynamic neighborhood and discover your dream home in one of Seattle’s most sought-after locales!

Newest Capitol Hill Homes with 55 - 5-9 Units Style

$1,400,000

2530629 MLS ⋅ ACTIVE Status

Rare corner lot development or renovation opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. Zoned LR2(M), this 3,600 SF corner parcel features an existing ~5,500 SF two-story structure that served as a neighborhood anchor for over four decades. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional site utility and flexibility. Newer multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation and strong momentum in this neighborhood. Ideally situated within walking distance of Swedish Hospital Cherry Hill, Seattle University, and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for the area. Buyer to verify all zoning, permitting, and development feasibility

601 21st Avenue, Seattle

Listing courtesy of Asay Realty.

$2,500,000

2528093 MLS ⋅ ACTIVE Status

Located along a quiet residential street between the vibrant 15th Avenue and 19th Avenue commercial corridors, Mod 19 offers residents immediate access to Capitol Hill’s restaurants, coffee shops, boutiques, grocery stores, and neighborhood amenities. Broadway, the Pike/Pine Corridor, Volunteer Park, and the Capitol Hill Light Rail Station are all within close walking distance, providing convenient access to Downtown Seattle, South Lake Union, the University District, and SeaTac Airport. Situated on a 4,000 square foot LR3-zoned lot, the property consists of eight thoughtfully designed units including four studios averaging approx. 255 SF, three 2BR/1BA units averaging approx. 620 SF, and a two-story penthouse 2BR/2BA unit totaling approx. 923 SF with expansive city, lake, and mountain views from the living room and private rooftop deck. The property features modern finishes throughout including granite countertops, stainless steel appliances, in-unit laundry, tile bathrooms, vinyl plank flooring, and large dual-pane vinyl windows. Additional features include hydronic radiant floor heating, individual hot water tanks, and modern electrical, plumbing, roofing, siding, and window systems consistent with newer construction standards. With modern design, durable construction, and an irreplaceable Capitol Hill location, Mod 19 Apartments offers investors a compelling combination of strong tenant demand, operational efficiency, and long-term appreciation potential.

1814 E Denny Way, Seattle

Listing courtesy of Westlake Associates, Inc..

$2,800,000

2512757 MLS ⋅ ACTIVE Status

A rare opportunity to acquire a well-maintained 9-unit property in one of Seattle’s most desirable rental markets. Built in 1966, this classic midcentury asset combines strong in-place income with meaningful upside potential in a premier Capitol Hill location. With a Walker’s Paradise score of 95, it offers easy access to Downtown & SLU as well as to an abundance of neighborhood restaurants & retail. Within a 10-min walk there are 7 bus lines and a light rail station. The building features a highly rentable unit mix consisting of 4 two-beds, 4 one-beds, and 1 studio. There is a ±1,200-SF top-floor penthouse unit – ideal for an owner-occupant – offering two bedrooms plus a den, one-and-a-half bathrooms, and sweeping Downtown and Space Needle views. Edgene Apartments has been thought fully maintained and upgraded, including updated dual-pane windows, in-unit laundry and dishwashers in all units other than the studio, and elevator service. The property also offers an uncommon 11 parking spaces – 9 off-street and 2 garage – providing a valuable amenity in this dense urban neighborhood. New ownership may realize approximately ±20% income growth by raising rents to market, implementing RUBS, and monetizing parking. Condo documents are already in place comprising 12 parcels (1 for the land, 2 for parking, and 9 individual unit parcels), creating flexibility for future sell-off strategies and providing investors with both income growth potential and long-term disposition optionality.

403 E Thomas Street Unit #1-9, Seattle

Listing courtesy of Kidder Mathews.

$1,950,000

2494339 MLS ⋅ ACTIVE Status

Classic 1926 brick 6-unit apartment building in North Capitol Hill near Broadway & Roy. Unit mix includes two large studios and four one-bedroom units in one of Seattle’s most walkable, amenity-rich neighborhoods. Stabilized asset with strong in-place cash flow and a 5.11% cap rate, offering dependable income and long-term appreciation potential. Part of a distinctive group of four architect-designed buildings, the property retains original charm with coved ceilings, mahogany trim, and oak hardwood floors. Kitchens have been updated with modern appliances and finishes while preserving historic character. Efficient layouts feature full-depth, corner-style units with windows on three sides for abundant natural light and cross ventilation; one-bedrooms include separate dining rooms. Amenities include common laundry and individual storage lockers, supporting tenant convenience and long-term occupancy.

722 10th Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc..

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