- For Sale $2,800,000
- Property Type Multi-Family
- Property Size 6,824 SF
- Units 7
- Lot Size 0.12 Acre
- Year Built 1907
- Year Renovated 1984
- Date Updated Apr 24, 2024
Price Reduction: $2,950,000 to $2,800,000. Malden Apartments on Capitol Hill. This classic 1907 built 7-unit apartment provides investors with a value-add deal in-which all of the heavy lifting is already taken care of. Five out of the seven units have been fully renovated with stainless steel appliances, flooring and washer/dryer but are still 17% below market rents. Located directly next to 15th Ave, Malden is an ideal location for investors looking for property right in the thick of Seattle but in a very quiet residential charming neighborhood outside of the busy Pike-Pine corridor. $130,000 has already been spent on the exterior and common area renovations and up to $60,000 spent on an individual unit renovations.
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Location
Getting Around
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Walk Score ®
92/100
Walker's Paradise
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Transit Score ®
69/100
Good Transit
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Bike Score ®
94/100
Biker's Paradise
- City Seattle, WA
- Neighborhood Broadway
- Zip Code 98112
- Market Seattle
Points of Interest
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Capitol Hill Station
0.48 miles
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Capitol Hill
0.50 miles
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Broadway & Denny
0.58 miles
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Broadway & Pine
0.75 miles
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Broadway & Pike
0.80 miles
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Fairview & Campus Drive
0.90 miles
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Lake Union Park
1.08 miles
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Broadway & Marion
1.08 miles
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Terry & Mercer
1.11 miles
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Terry & Thomas
1.14 miles
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Hilltop Service Station
0.06 miles
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76
0.33 miles
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Shell
0.65 miles
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7-Eleven
0.67 miles
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Shell
0.79 miles
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Shell
1.00 miles
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Shell
1.14 miles
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Greenlots
1.24 miles
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Blink
1.24 miles
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Arco
1.27 miles
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Lot P-5
0.40 miles
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parking lot for 109 23rd Ave E
0.57 miles
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Diamond Parking
0.64 miles
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Harvard Garage
0.78 miles
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Employee Parking
0.80 miles
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Visitor Parking
0.81 miles
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Japanese Garden Parking Lot
0.88 miles
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Boyer Parking Lot
0.91 miles
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P5
0.96 miles
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U-Park
1.05 miles
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Silver Cloud Inn - Seattle Lake Union
0.81 miles
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SpringHill Suites
0.90 miles
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Residence Inn Seattle Downtown/Lake Union
0.94 miles
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Silver Cloud Broadway
0.96 miles
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EVEN Hotels - South Lake Union
1.00 miles
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Staybridge Suites - South Lake Union
1.01 miles
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Hilton Garden Inn Seattle Downtown
1.02 miles
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Hilton Garden Inn
1.05 miles
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Moxy Seattle North
1.07 miles
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Homewood Suites
1.11 miles
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The Patio
0.06 miles
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Olympia Pizza III
0.07 miles
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Jamjuree
0.09 miles
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El Farol Mexican
0.12 miles
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Coastal Kitchen
0.14 miles
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Bar Vacilando
0.18 miles
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Rione XIII
0.18 miles
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Palermo
0.19 miles
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Bamboo Restaurant
0.20 miles
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Subway
0.21 miles
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Lowell Elementary School
0.24 miles
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Saint Joseph School
0.26 miles
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ALPS Language School
0.37 miles
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St. Nicholas School
0.37 miles
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Meany Middle School
0.40 miles
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Holy Names Academy
0.43 miles
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Stevens Elementary School
0.53 miles
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Harvard Avenue School
0.53 miles
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Gage Academy of Art
0.65 miles
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Seattle Hebrew Academy
0.70 miles
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La Cuenta Spanish Immersion Preschool
0.29 miles
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Mother's Place
0.88 miles
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Bright Horizons
0.97 miles
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Les Efants de Seattle
1.14 miles
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Los Ninos de Seattle
1.14 miles
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KinderCare
1.23 miles
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Bright Horizon
1.33 miles
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Seattle Infant Development Center
1.44 miles
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Bright Horizons
1.74 miles
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Jose Marti Child Development Center
1.84 miles
Frequently Asked Questions
What is the lease rate for Malden Apartments?
Rental asking rate at Malden Apartments is $1,400,000.00/YR.
What is the total square footage of Malden Apartments?
Malden Apartments totals 6,824 square feet.
When was this property built?
Malden Apartments was built in 1907.
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