Bought with Lee & Associates Commercial RE
$2,550,000
$2,700,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
219 Belmont AVE E Seattle, WA 98102
12 Beds
11 Baths
9,350 SqFt
Key Details
Sold Price $2,550,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,350 sqft
Price per Sqft $272
Subdivision Capitol Hill
MLS Listing ID 2416448
Sold Date 12/22/25
Style 56 - 10+ Units
Bedrooms 12
Year Built 1910
Annual Tax Amount $30,995
Lot Size 4,800 Sqft
Property Sub-Type Multi Family
Property Description
The Lanning, an 11-unit apartment in the heart of Capitol Hill. This well-maintained brick veneer building, built in 1910, offers spacious layouts 827 SF on avg, a rare find in a neighborhood known for compact apartments. The unit mix consists of 10 one-bedroom units and 1 two-bedroom unit, well-preserved hardwood floors, and in-unit w/d in 10 of the units. Steps from Broadway's vibrant retail corridor, the Light Rail Station & SLU. Currently operating with below market rents, The Lanning presents a clear value-add opportunity. Whether repositioning as a bespoke high-end rental or realizing efficiencies as stabilized asset, The Lanning represents an unparalleled opportunity to own in one of Seattle's most resilient and dynamic submarkets.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Flooring See Remarks
Fireplace false
Exterior
Exterior Feature Brick, Cement Planked, Stucco
Amenities Available Fenced-Partially
Waterfront Description Bayfront
View Y/N No
Roof Type Flat
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Community
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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