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$2,550,000

  • Sold
  • Closed
  • Multi-Family

Listed by Daniel Lim | Lee & Associates Commercial RE | (206) 267-1457 and Candice Chevaillier | Lee & Associates Commercial RE | (206) 267-1457
Sold by Daniel Lim | Lee & Associates Commercial RE

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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.

Full Property Details for 219 Belmont Ave E

General

  • Sold For: $2,550,000
  • Taxes: $30,995 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2416448
  • Added to Site: 165 day(s) ago

Interior

  • Flooring: See Remarks

Additional Information

  • Amenities: Fenced-Partially
  • Security/Safety: Partially Fenced

Location

  • Area: 390 - Central Seattle
  • County: King
  • Subdivision: Capitol Hill
  • Driving Directions: East on Olive Way left on Belmont, Mid Block

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Forced Air, Other – See Remarks

Utilities

  • Sewer: Sewer Connected
  • Water: Community

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Brick, Cement Planked, Stucco
  • Foundation: Block, Poured Concrete, See Remarks
  • Roof: Flat
  • Stories in Building: 3
  • Square Feet: 9,350
  • Year Built: 1910
  • Property Condition: Average

Unit Information

  • Units in Building: 11

Lot Features

  • Lot Size (Acres): 0.1102
  • Lot Size (Sq. Ft.): 4,800
  • Lot Size Source: County
  • Lot Features: Alley, Curbs, Paved, Sidewalk

Water Features

  • Water Front: Yes

Green Features

  • Energy Efficient: Thermal Windows

Financial Considerations

  • Tax Amount: $30,995
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 6848200606

Listed by Daniel Lim | Lee & Associates Commercial RE | (206) 267-1457 and Candice Chevaillier | Lee & Associates Commercial RE | (206) 267-1457
Sold by Daniel Lim | Lee & Associates Commercial RE

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 219 Belmont Ave E

School District:Seattle School District
NameGradesDistance
Lowell Elementary School, Seattle, WA
1058 East Mercer Street, Seattle, WA 98102
PK-50.4 mi
Edmonds S. Meany Middle School
301 21st Avenue East, Seattle, WA 98112
6-80.9 mi
Garfield High School
400 23rd Avenue, Seattle, WA 98122
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 219 Belmont Ave E

Date
Details
Price
Change
Source
12/22/2025
Sold
$2,550,000
-5.56%
MLS
9/10/2025
Price Reduced
$2,700,000
-8.47%
MLS
8/04/2025
Listed
$2,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Daniel Lim | Lee & Associates Commercial RE | (206) 267-1457 and Candice Chevaillier | Lee & Associates Commercial RE | (206) 267-1457
Sold by Daniel Lim | Lee & Associates Commercial RE

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219 Belmont Avenue E, Seattle, WA 98102 (MLS# 2416448) is a Multi-Family property that was sold at $2,550,000 on December 22, 2025. Want to learn more about 219 Belmont Avenue E? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.