Capitol Hill Homes with 56 - 10+ Units Style

Welcome to Capitol Hill, one of Seattle's most vibrant and eclectic neighborhoods! Nestled in the heart of the city, Capitol Hill is renowned for its rich cultural tapestry, lively arts scene, and diverse community. This historic neighborhood is a hub of activity, featuring an array of boutique shops, trendy cafes, and renowned restaurants that cater to every palate. Whether you’re an art enthusiast eager to explore local galleries or a music lover looking to catch a live show, Capitol Hill has something for everyone.

Capitol Hill is also home to some of Seattle's most beautiful parks, including Volunteer Park, which boasts stunning gardens, a conservatory, and a landmark water tower with panoramic city views. The neighborhood’s walkability makes it easy to enjoy leisurely strolls through tree-lined streets, where you’ll find charming architecture ranging from classic Victorian homes to modern apartment buildings.

For those interested in multi-family living, Capitol Hill offers an impressive selection of homes with 56 to 10+ units. These properties are perfect for investors looking to tap into the thriving rental market or for those who desire the convenience of community living. With a blend of historic charm and contemporary design, these homes provide spacious layouts and modern amenities, ensuring comfort and style.

Living in Capitol Hill means being at the center of it all, with easy access to downtown Seattle and a vibrant nightlife that keeps the energy alive. Experience the best of urban living in Capitol Hill, where every day feels like an adventure!

Newest Capitol Hill Homes with 56 - 10+ Units Style

$5,000,000

2558190 MLS ⋅ ACTIVE Status

Hollywood Court is a 25-unit multifamily investment located in Seattle's highly desirable Capitol Hill neighborhood. The property consists of two buildings: the original 19-unit Hollywood Court, constructed in 1907, and a newer 6-unit building completed in 1998, offering investors a unique blend of historic character and more modern construction. Hollywood Court presents a compelling value-add opportunity in one of Seattle's most established and supply-constrained rental markets. The property benefits from a diverse unit mix and strong in-place occupancy, with the opportunity to enhance revenue through interior renovations, operational improvements, and continued alignment to market rents. Ideally positioned in the heart of Capitol Hill, the property offers unmatched access to Seattle's top lifestyle amenities and employment centers. Residents are within walking distance of light rail, Seattle Central College, Cal Anderson Park, and a vibrant mix of restaurants, cafes, and nightlife, while also maintaining close proximity to major employers in South Lake Union and Downtown Seattle, With its scale, location, and repositioning potential, Hollywood Court represents a rare opportunity to acquire a legacy asset with both near-term upside and long-term appreciation in one of Seattle's most dynamic rental submarkets.

1716 Boylston Avenue, Seattle

Listing courtesy of Kidder Mathews.

$3,195,000

2524172 MLS ⋅ ACTIVE Status

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 studio unit - average square footage of 684. Substantial building upgrades including major plumbing and electrical updates to most units, bathroom improvements to more than half of the units, dishwashers and updated kitchens in the two-bed units, and in-unit laundry in 9 of the 11 units. Desirable features including updated windows, secured entry, spacious floor plans with dining areas and large closets, scenic views from select units, and a common laundry room with 10 storage lockers.

525 E Roy Street, Seattle

Listing courtesy of Kidder Mathews.

$3,250,000

2501955 MLS ⋅ ACTIVE Status

David Apartments is a rare Capitol Hill investment opportunity ideally located on Federal Avenue East, just moments from Volunteer Park, the Broadway retail corridor, and Capitol Hill Light Rail. Built in 1927, the property showcases timeless brick architecture, original character, and high ceilings that set it apart from commodity inventory. With a Walk Score of 94, the location supports strong and consistent tenant demand. In-place rents are well below nearby renovated comps, presenting a clear value-add opportunity through strategic interior upgrades. Located in one of Seattle’s most desirable, high-barrier-to-entry neighborhoods, David Apartments offers investors the chance to capture meaningful upside in both income and long-term appreciation.

741 Federal Avenue E, Seattle

Listing courtesy of Kidder Mathews.

$1,699,000

2451055 MLS ⋅ ACTIVE Status

11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.93% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

1718 Summit Avenue, Seattle

Listing courtesy of COMPASS.

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