Seattle, WA 98122,605 E Denny WAY
Listed by Paragon Real Estate Advisors Ryan Iles 
Bought with Sound Asset Partners LLC

$3,900,000

$4,650,000

16.1%
Est.Price: ?

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Est. payment /mo

7 Beds

30 Baths

15,325 SqFt


SOLD DATE : 01/16/2026

Key Details

Sold Price $3,900,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 15,325 sqft

Price per Sqft $254

Subdivision Capitol Hill

MLS Listing ID 2429318

Sold Date 01/16/26

Style 56 - 10+ Units

Bedrooms 7

Year Built 1927

Annual Tax Amount $47,500

Lot Size 5,196 Sqft

Property Sub-Type Multi Family

Property Description

Major price improvement. $155,000/unit and Proforma 7.28% cap rate with conservative market rents! The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Fireplace false

Exterior

Exterior Feature Brick

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
Jenn Pederson

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