Sign up to receive our listings
Let’s talk about apartments
Listings/David Apartments
David Apartments
On the Market
Price: $3,250,000
Access marketing materials and document library using the button below.
Site Details
Unit Mix
Opportunity
11-Unit Capitol Hill Trophy Asset | Blocks from Millionaire’s Row
David Apartments is a classic 1927 brick asset located on Federal Avenue East in Seattle’s highly sought-after Capitol Hill neighborhood, just an 8-minute walk to the light rail, with immediate access to Volunteer Park and the Broadway retail corridor. With a Walk Score of 94, the property benefits from consistent, high-quality tenant demand. The building’s timeless architectural character—including original craftsmanship and high ceilings—sets it apart from newer inventory and supports long-term tenant retention. In-place rents are currently below market, with nearby renovated studios and one-bedrooms achieving significantly higher rents, presenting a clear opportunity for strategic interior upgrades to unlock meaningful revenue growth. Positioned in a high-barrier, supply-constrained submarket, the property offers stable fundamentals, low vacancy, and a history of steady appreciation.
Location
Open Google Maps
About the Area
IN THE HEART OF CAPITOL HILL— STEPS FROM EVERYTHING A TENANT WANTS
Nestled in one of Seattle’s most vibrant neighborhoods, David Apartments places residents just steps from the city’s best dining, nightlife, and cultural attractions—providing an unmatched lifestyle and ensuring strong tenant demand.
WALK SCORE OF 94
OVER 100 RESTAURANTS & BARS WITHIN A MILE
8-MINUTE WALK TO LIGHT RAIL
Gallery
Contact Us
Exclusive Listing Brokers
