Charbern Apartments

Get Marketing Materials

Contact Listing Agent

On the Market

Price: $13,500,000

Now Touring: Private Tours Available – Contact Broker

Offers Date: Wednesday, April 23rd

Access marketing materials by using the button below.

View Marketing Materials

Site Details

Address

1705 Belmont Ave

City

Seattle

Neighborhood

Capitol Hill

Total Units

Avg. Unit Size

569 SF

NRSF

38,122 SF

Year Built

1925

Land SF

10,000 SF

Residential Unit Mix

Studio

1x1

2x1

Opportunity

Charbern Apartments is a 66-unit value-add opportunity located in the heart of Seattle’s Capitol Hill neighborhood, one of the city’s most desirable rental markets. The property combines timeless historic charm with modern upgrades, including updated electrical, plumbing, and vinyl double-pane windows. With a Walk Score of 98, residents enjoy unparalleled access to top dining, nightlife, public transit, and major employment hubs such as Amazon, Microsoft, and Google. Additionally, Capitol Hill’s sharp decline in new apartment deliveries positions Charbern Apartments for strong rent growth as demand continues to outpace supply.

Prime Location

Situated in the heart of Capitol Hill, just minutes from downtown Seattle, with a Walk Score of 98, providing tenants easy access to premier dining, nightlife, transit, and employment hubs.

Historic Charm with Modern Updates

Built in 1925, Charbern Apartments maintains its classic appeal while benefiting from upgraded electrical, plumbing, and windows.

Location

Open Google Maps

About the Area

Charbern Apartments is ideally located in Seattle’s Capitol Hill neighborhood, one of the city’s most vibrant and walkable urban districts. With a Walk Score of 98, residents enjoy immediate access to top-tier dining, nightlife, boutique shopping, and cultural attractions. The property is just steps from the Capitol Hill Light Rail Station, providing seamless connectivity to downtown Seattle, South Lake Union, and the University of Washington, making it an ideal location for professionals, students, and urban dwellers. Additionally, the neighborhood is home to key employers, including major tech firms and the First Hill medical corridor, which houses Swedish, Virginia Mason, and Harborview hospitals.

Beyond its local amenities, Capitol Hill benefits from Seattle’s broader economic growth, with limited new housing supply and increasing demand for centrally located rental properties. The nearby $1.1 billion Waterfront Seattle redevelopment, continued expansion of the city’s light rail system, and the return-to-office surge from major employers like Amazon, Apple, and Starbucks are all driving factors that reinforce the area’s long-term investment appeal. With its dynamic energy, strong tenant demand, and proximity to Seattle’s economic hubs, Capitol Hill remains one of the most sought-after rental markets in the city.