Capitol Hill Homes with 56 - 10+ Units Style

Welcome to Capitol Hill, one of Seattle's most vibrant and eclectic neighborhoods! Nestled in the heart of the city, Capitol Hill is renowned for its rich history, cultural diversity, and dynamic atmosphere. This area is a haven for artistic expression, featuring an array of galleries, theaters, and live music venues that celebrate everything from indie rock to classical performances.

As you stroll through the tree-lined streets, you'll encounter a delightful mix of historic homes and modern developments, with properties ranging from charming early 20th-century bungalows to sleek, contemporary condos. Capitol Hill is particularly known for its multifamily homes, boasting a variety of buildings with 56 to 10+ units. These residences not only provide ample living space but also foster a sense of community among residents. Whether you're looking for a cozy apartment or a spacious loft, you'll find a home that perfectly suits your lifestyle.

The neighborhood is also a food lover's paradise, offering everything from trendy cafes to award-winning restaurants. With a vibrant nightlife scene, you'll never run out of options for entertainment, whether you're in the mood for a laid-back evening at a local pub or an exciting night out at a bustling club.

Capitol Hill is not just a place to live; it's a lifestyle. With its close proximity to downtown Seattle, excellent public transportation options, and lush parks like Volunteer Park, residents enjoy the perfect blend of urban convenience and natural beauty. Discover the charm of Capitol Hill, where every corner has a story waiting to be told!

Newest Capitol Hill Homes with 56 - 10+ Units Style

$5,000,000

2558190 MLS ⋅ ACTIVE Status

Hollywood Court is a 25-unit multifamily investment located in Seattle's highly desirable Capitol Hill neighborhood. The property consists of two buildings: the original 19-unit Hollywood Court, constructed in 1907, and a newer 6-unit building completed in 1998, offering investors a unique blend of historic character and more modern construction. Hollywood Court presents a compelling value-add opportunity in one of Seattle's most established and supply-constrained rental markets. The property benefits from a diverse unit mix and strong in-place occupancy, with the opportunity to enhance revenue through interior renovations, operational improvements, and continued alignment to market rents. Ideally positioned in the heart of Capitol Hill, the property offers unmatched access to Seattle's top lifestyle amenities and employment centers. Residents are within walking distance of light rail, Seattle Central College, Cal Anderson Park, and a vibrant mix of restaurants, cafes, and nightlife, while also maintaining close proximity to major employers in South Lake Union and Downtown Seattle, With its scale, location, and repositioning potential, Hollywood Court represents a rare opportunity to acquire a legacy asset with both near-term upside and long-term appreciation in one of Seattle's most dynamic rental submarkets.

1716 Boylston Avenue, Seattle

Listing courtesy of Kidder Mathews.

$3,195,000

2524172 MLS ⋅ ACTIVE Status

Excellent corner-lot Capitol Hill location within blocks of the Harvard-Belmont Landmark District, and walking distance to Downtown, South Lake Union, Volunteer Park, Cal Anderson Park, and the trendy retail corridors of Broadway, Pike/Pine, and 15th Ave E. Turnkey opportunity with stable occupancy and a 5.4% cap rate and 11.5 GRM. Walker’s Paradise Walk Score of 90 - incredible walking access to an abundance of restaurants, shops, grocery stores, parks, Link light rail station, and multiple bus routes. Upside potential - likely opportunity to raise rents to market levels and increase charges for parking and utility bill-backs to achieve a 5.8% cap rate and 10.8 GRM. Parking spaces for 6 vehicles. Excellent unit mix featuring five 2-bed/1-bath units, five 1-bed/1-bath units, and one studio unit - average square footage of 684. Substantial building upgrades including major plumbing and electrical updates to most units, bathroom improvements to more than half of the units, dishwashers and updated kitchens in the two-bed units, and in-unit laundry in 9 of the 11 units. Desirable features including updated windows, secured entry, spacious floor plans with dining areas and large closets, scenic views from select units, and a common laundry room with 10 storage lockers.

525 E Roy Street, Seattle

Listing courtesy of Kidder Mathews.

$3,250,000

2501955 MLS ⋅ ACTIVE Status

David Apartments is a rare Capitol Hill investment opportunity ideally located on Federal Avenue East, just moments from Volunteer Park, the Broadway retail corridor, and Capitol Hill Light Rail. Built in 1927, the property showcases timeless brick architecture, original character, and high ceilings that set it apart from commodity inventory. With a Walk Score of 94, the location supports strong and consistent tenant demand. In-place rents are well below nearby renovated comps, presenting a clear value-add opportunity through strategic interior upgrades. Located in one of Seattle’s most desirable, high-barrier-to-entry neighborhoods, David Apartments offers investors the chance to capture meaningful upside in both income and long-term appreciation.

741 Federal Avenue E, Seattle

Listing courtesy of Kidder Mathews.

$1,699,000

2451055 MLS ⋅ ACTIVE Status

11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.93% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

1718 Summit Avenue, Seattle

Listing courtesy of COMPASS.

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