219 Belmont Avenue East Seattle, WA 98102

$2,950,000
0.11
Acres
9,350
SQFT
316
$/SQFT
$2,950,000
9,350   sf
$316 / sf
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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.

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.

  • Neighborhood
  • Type
  • County
    King
  • Area
    390 - Central Seattle
  • Tax Amount
    $30,995
  • Status
    Active
  • Listing #
    2349691
  • Built
    1910
  • Lot Size
    0.11
  • Listed on site
    97 days

Listed by:
Lee & Associates Commercial RE

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-07-01 19:31:45. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Waterfront

  • Water Access
  • Water front

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Jun 27, 20254 days agoPrice decreased245,000 (8%)$2,950,000
Mar 26, 20253 mos agoNew on market$3,195,000
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