1819 E Republican St
Seattle WA 98112
Republican Apartments
1819 E Republican St Seattle WA 98112
Listing #: 717514 | Status: Available | Last Modified: 9/10/2026 |
For Sale
- Phone:(425) 681-7695
- Email:winslow.lee@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Agent Phone:(425) 691-6826
- Agent Email:jack.shephard@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,200,000.0
- $/SF$ 346.4
- $/Unit$ 5,200,000.0
- Listing StatusAvailable
- Days on Market29
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income552,642
- Vacancy Factor %4.00%
- Operating Expenses238,915
- Net Operating Income291,621
- CAP Rate 6.07 %
- 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 6.07 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units7
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF15012
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF10803
- Acres0.25
- Property TypeMulti-Family
- Office Type
- Building ClassC
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCapitol Hill/First Hill
- Tax ID #4232401150
- Additional Parcels
- ZoningLR3 (M2)
- Year Built1929
- Year Renovated1995
- Completion Date
- Roof Type
- Construction TypeFramed
Republican Apartments
The Republican, a 27-unit vintage apartment community located in one of Capitol Hill’s most desirable residential pockets. Built in 1929, the property offers timeless character with hardwood floors, built-in cabinetry, French doors, and classic brick construction, while benefiting from several major capital improvements including double-pane windows, a replaced roof, updated boiler, and fire sprinklers throughout. The property features a mix of 13 studios and 14 one-bedroom units, averaging approximately 505 SF, along with 26 storage units and six secured garage stalls. At a $5,200,000 asking price, The Republican is offered at approximately $192,593 per unit and a 6.1% cap rate, providing investors an attractive basis with additional upside through rental growth and improved operations. Located just blocks from neighborhood retail, parks, schools, and convenient access to Capitol Hill’s employment, dining, entertainment, and transportation amenities, The Republican offers a compelling opportunity to acquire a well-located Seattle multifamily asset with durable vintage appeal and strong long-term fundamentals.
