Unbeatable north Capitol Hill location! This corner lot, legal 4-plex offers 4 spacious 1-bed, 1-bath apartments. Units are in good shape, but dated. Plenty of upside to improve apartments for even better cashflow. Old World Charm, high ceilings, light & bright, great floor plans, gas heat & cooking. Mostly updated plumbing & electrical. Massive attic (more than 1,000 sq. ft.) with potential to finish. Close to EVERYTHING - A Walker's Paradise! Walk to shops, Seattle U, Volunteer Park, Swedish, Seattle CC, QFC, Light Rail, shopping, restaurants, etc. Conveniently located between Broadway & 15th - close to the hustle & bustle yet still a quiet residential neighborhood. Low rents, tons of upside, BEST Cap Hill location. 5.5% Cap Rate.
Sold for $1,042,500
$1,042,500
535 Federal Ave E, Seattle, WA 98102
--beds
--baths
2,743sqft
Other
Built in 1902
-- sqft lot
$1,007,600 Zestimate®
$380/sqft
$3,326 Estimated rent
Home value
$1,007,600
$927,000 - $1.10M
$3,326/mo
Zestimate® history
Owner options
List your home for rent
$3,326/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,326/mo
Rent Zestimate®
Refinance and save
$6,197/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$6,197/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Source: BHHS broker feed,MLS#: 2294285
Facts & features
Interior
Heating
- Electric, Natural Gas
Features
- Cable Ready
Interior area
- Total structure area: 2,743
- Total interior livable area: 2,743 sqft
Property
Details
- Parcel number: 6852700455
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Other
Condition
- Year built: 1902
Community & neighborhood
Location
- Region: Seattle
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Sold | $1,042,500-5.1%$380/sqft |
Source: Public Record Report a problem | ||
| 1/16/2025 | Price change | $1,099,000-4.4%$401/sqft |
Source: BHHS broker feed #2294285 Report a problem | ||
| 9/25/2024 | Listed for sale | $1,150,000-17.8%$419/sqft |
Source: BHHS broker feed #2294285 Report a problem | ||
| 11/29/2022 | Listing removed | -- |
Source: BHHS broker feed Report a problem | ||
| 6/2/2022 | Listed for sale | $1,399,000+44.2%$510/sqft |
Source: BHHS broker feed #1936795 Report a problem | ||
| 5/15/2007 | Sold | $970,000+22.9%$354/sqft |
Source:  NWMLS as distributed by MLS GRID #27003375 Report a problem | ||
| 7/6/2005 | Sold | $789,000$288/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,600 +9.5% | $931,000 +1.7% |
| 2024 | $8,769 -12.8% | $915,000 -14.9% |
| 2023 | $10,060 -1% | $1,075,000 -11.4% |
| 2022 | $10,166 -3.9% | $1,214,000 +4.2% |
| 2021 | $10,578 -18.9% | $1,165,000 -15% |
| 2020 | $13,039 +13.5% | $1,371,000 +12.7% |
| 2019 | $11,488 +36.4% | $1,217,000 +23.2% |
| 2018 | $8,421 +2.5% | $988,000 +18.2% |
| 2017 | $8,214 +45.6% | $836,000 -1.3% |
| 2016 | $5,641 | $847,000 +24% |
| 2015 | $5,641 | $683,000 +15.8% |
| 2014 | $5,641 | $590,000 +5.7% |
| 2013 | $5,641 | $558,000 +13.9% |
| 2012 | -- | $490,000 +28.9% |
| 2011 | -- | $380,000 -22.6% |
| 2010 | -- | $491,000 |
| 2009 | -- | $491,000 -26.1% |
| 2007 | -- | $664,000 +18.4% |
| 2006 | -- | $561,000 +8.3% |
| 2005 | -- | $518,000 +29.8% |
| 2001 | $4,636 -3.4% | $399,000 +2.3% |
| 2000 | $4,798 | $390,100 |
Find assessor info on the county website
Neighborhood: Capitol Hill
Nearby schools
GreatSchools rating
- 3/10Lowell Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 5/10Edmonds S. Meany Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Garfield High SchoolGrades: 9-12Distance: 1.6 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,007,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,007,600
- Washington
- King County
- Seattle
- 98102
- Capitol Hill
- 535 Federal Ave E
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Seattle Topics
