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Listing Firm: Westlake Associates, Inc.: Curran C. Hagstrom

Bought With: John L. Scott, Inc. : Luna Wang

SOLD On June 30, 2022
NWMLS # 1920453

$2,000,000

  • Sold Price
  • - Beds
  • - Baths
  • 3900 Sq.ft.

2312 E Denny Way , Seattle, WA 98122

Listings with the three tree icon are courtesy of NWMLS

About This Property

Located at the edge of Seattle’s thriving Capitol Hill neighborhood, the Caldwell presents investors with the opportunity to own a turn-key investment property with an in-place 4.75% cap rate in one of the premier sub-markets in Seattle. The property is situated with south facing units less than a block off Madison- a main arterial providing a straight shot to Downtown. With functional 1- & 2-bed floorplans, including (3) townhouse units, the Caldwell capitalizes on the high demand for units with space for a home office. The rapid expansion of Amazon, Google, Meta and other tech giants in nearby SLU, along with the continued grown of Capitol Hill mainstays like Group Health, Swedish, and Seattle U provide demand for units at the Caldwell.

Buyer's Agent: Luna Wang • John L. Scott, Inc.

Listed by: Curran C. Hagstrom • Westlake Associates, Inc.

Aris360 Last Checked: 2 Minutes Ago (Jun 26, 2025 10:21 PM)

  • Source: NWMLS as Distributed by MLS Grid #1920453

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Denny
  • Zip/Postal Code: 98122
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Madison Valley
  • Community
    • 390 - Central Seattle
  • MLS Area
    • 390 - Central Seattle
  • Longitude
    • -122.301908
  • Latitude
    • 47.619133
  • Directions
    • On I-5N, take exit 166 for Olive Way. Continue onto E John St. Turn Left on 15th Ave E, turn right onto E Thomas St. Right on 23rd Ave E. Left on the 2nd cross street onto E Denny Way. Site on left.

  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 3
  • Style
    • 55 - 5-9 Units
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Elevation
    • Feet
  • Exterior
    • Wood
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 4287
  • Utilities
    • Sewer Connected,
    • Electric,

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $14363
  • Year Built
    • 1983
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Thu Jun 26 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jun 26, 2025 10:21 PM