LISTING DETAILS

137 Studios

137 23rd Ave E Seattle WA 98112

Listing #: 703345 | Status: Available | Last Modified: 4/2/2026

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	0
Vacancy Factor %	0.00%
Operating Expenses	9,524
Net Operating Income	-9,524
CAP Rate	6.00 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00

Retail Information
Signage	Signage on Building and Freestanding

Building Information
Building Status	Proposed
# of Buildings	0
# of Floors	5
# of Units	31
Total Building SF	9,901 SF
Net Rentable Area	6,037 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	4,200 SF
Acres	0.1
Year Built	0
Year Renovated	1999
Construction Type	Wood

Property Type
Property Type	Multi-Family

Location
County	King
Cross Street	E John St
Market Area	Capitol Hill/First Hill
Tax ID #	0955000470
Zoning	LR3 (M)

31 Unit SEDU Development Opportunity - Permits App

Public Comments

We are proud to present 137 Studios. This is a prime SHOVEL READY development opportunity in Seattle’s vibrant Capitol Hill neighborhood. Permits for a 31 unit Small Efficiency Dwelling Unit (SEDU) apartment building have been APPROVED and PAID for by the seller. This project is ready for its new owner to break ground on immediately with significant upside once the project is complete. Currently, there is a vacant single family home on the property. There are striking mountain, lake, and territorial views from the second story of the existing home, so a buyer can expect views in all directions from the three upper levels of the proposed building. The property is situated in an ideal Capitol Hill location on a corner lot, steps from Miller Park, very close to Pike/Pine, mass transit, Downto

137 Studios
137 23rd Ave E Seattle WA 98112

Listing #: 703345 | Status: Available | Listing Date: 10/6/2025 | Last Modified: 4/2/2026 | Email Listing

For Sale

137 Studios

Listing Images