525 E Roy St
Seattle WA 98102
525 East Roy Street
525 E Roy St Seattle WA 98102
Listing #: 712725 | Status: Available | Last Modified: 6/8/2026 |
For Sale
- Phone:(206) 296-9625
- Email:ken.hirata@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Agent Phone:(425) 444-6501
- Agent Email:dan.swanson@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 3,195,000.0
- $/SF$ 424.6
- $/Unit$ 3,195,000.0
- Listing StatusAvailable
- Days on Market30
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income263,806
- Vacancy Factor %5.38%
- Operating Expenses92,436
- Net Operating Income157,169
- CAP Rate 5.36 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 5.36 %
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units11
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF7525
- Net Rentable Area7525
- Total Office SF
- Largest Contiguous SF
- Lot SF5520
- Acres0.13
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCapitol Hill/First Hill
- Tax ID #6848200380
- Additional Parcels
- ZoningLR3(M)
- # Covered Spaces0
- # Uncovered Spaces6
- Total Parking Spots6
- Parking Ratio
- Year Built1957
- Year Renovated1993
- Completion Date
- Roof Type
- Construction Type
Turnkey apartments with upside potential in "Walke
Excellent corner-lot Capitol Hill location within blocks of the Harvard-Belmont Landmark District, and walking distance to Downtown, South Lake Union, Volunteer Park, Cal Anderson Park, and the trendy retail corridors of Broadway, Pike/Pine, and 15th Ave E. Turnkey opportunity with stable occupancy and a 5.4% cap rate and 11.5 GRM. Walker’s Paradise Walk Score of 90 - incredible walking access to an abundance of restaurants, shops, grocery stores, parks, Link light rail station, and multiple bus routes. Upside potential - likely opportunity to raise rents to market levels and increase charges for parking and utility bill-backs to achieve a 5.8% cap rate and 10.8 GRM. Parking spaces for 6 vehicles. Excellent unit mix featuring five 2-bed/1-bath units, five 1-bed/1-bath units, and one stud
