2312 E Denny Way, Seattle, WA 98122
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: luna wang
Office: skyline properties, inc.
MLS#:2569977
Source:NWMLS
2312 E Denny Way,Seattle, WA 98122
$2,065,000
- - Beds
- - Baths
- 3,760 sq. ft.
- Multi-family
- Active
Price summary
- Price:$2,065,000
- Price per sq. ft.:$549.2
About this home
The Caldwell presents investors with a compelling opportunity to acquire a turn-key multifamily investment in one of Seattle’s premier urban submarkets, offering an attractive 5.0% in-place cap rate. Ideally positioned at the edge of Capitol Hill, the property is less than a block from Madison Street, a major arterial providing direct access to Downtown Seattle and the surrounding employment centers. The property features a highly functional mix of 1- and 2-bedroom floor plans, including three townhouse-style units, appealing to renters seeking additional space and flexibility for today’s work-from-home lifestyle. Its prime location places residents within close proximity to the vibrant amenities of Capitol Hill while providing convenient access to major employers, healthcare institutions, and educational centers throughout the region. Continued growth in South Lake Union, driven by major technology employers including Amazon, Google, and Meta, combined with the established presence of Swedish Medical Center, Seattle University, and other major institutions, supports strong and sustained rental demand. With its desirable location, versatile unit mix, and established income stream, the Caldwell offers investors an attractive combination of current cash flow, tenant demand, and long-term appreciation potential....
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Home facts
- Year built:1983
- Subdivision & Development:Madison Valley
- Listing ID #:2569977
- Updated:September 23, 2026 at 12:27 AM
Rooms and interior
- Flooring:Carpet, Laminate, Vinyl Floor
- Living area:3,760 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1983
- Building area:3,760 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Curbed Lot, Open Space, Paved, Sidewalk
- Construction Materials:Metal/Vinyl Exterior Finish, Wood Exterior Finish
- Exterior Features:Patio
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$2,065,000
- Price per sq. ft.:$549.2
- Tax amount:$14,993 (2026)
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