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Listing Firm: Lee & Associates Commercial RE: Daniel Lim

Active
NWMLS # 2349691

219 Belmont Avenue E, Seattle, WA 98102

Listings with the three tree icon are courtesy of NWMLS

About This Property

The Lanning, an 11-unit apartment in the heart of Capitol Hill. This well-maintained brick veneer building, built in 1910, offers spacious layouts 827 SF on avg, a rare find in a neighborhood known for compact apartments. The unit mix consists of 10 one-bedroom units and 1 two-bedroom unit, well-preserved hardwood floors, and in-unit w/d in 10 of the units. Steps from Broadway’s vibrant retail corridor, the Light Rail Station & SLU. Currently operating with below market rents, The Lanning presents a clear value-add opportunity. Whether repositioning as a bespoke high-end rental or realizing efficiencies as stabilized asset, The Lanning represents an unparalleled opportunity to own in one of Seattle’s most resilient and dynamic submarkets.

Aris360 Last Checked: Just Now (May 25, 2025 09:33 PM)

  • Source: NWMLS as Distributed by MLS Grid #2349691

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Belmont
  • Zip/Postal Code: 98102
  • City: Seattle

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$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

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Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

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Property Features

  • County
    • Capitol Hill
  • Community
    • 390 - Central Seattle
  • MLS Area
    • 390 - Central Seattle
  • Longitude
    • -122.32438
  • Latitude
    • 47.62026
  • Directions
    • East on Olive Way left on Belmont, Mid Block

  • Floors
    • See Remarks
  • Power Production Type
    • Electric

  • Stories
    • 3
  • Style
    • 56 - 10+ Units
  • Lot Description
    • Alley,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Block,
    • Poured Concrete,
    • See Remarks,
  • Elevation
    • Feet
  • Water Source
    • Community,
  • Exterior
    • Brick
    • Cement Planked
    • Stucco
  • Site Description
    • Fenced-Partially
  • Roof
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Average,
  • Building Total Area (Sq. Ft.)
    • 4800
  • Energy Features
    • Thermal Windows,

  • High School District
    • Seattle

  • Possession
    • Closing,
    • Tenant's Rights,
    • Subject to Tenant Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2025
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $30995
  • Year Built
    • 1910
  • Effective Year Built
    • 1979
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Sun May 25 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.

May 25, 2025 09:33 PM