Malden Apartments

For Sale

612 Malden Ave E, Seattle, WA 98112

This Seattle property for sale is located at 612 Malden Ave E. The current listed sale price for Malden Apartments is $2,800,000. Malden Apartments is situated on a lot that is 0.12 acre in size.

Contacts

broker

Winslow Lee

Kidder Mathews

(425) 681-7695

Property Details

  • Property Type Multi-Family
  • Property Size 6,824 SF
  • Units 7
  • Lot Size 0.12 Acre
  • Year Built 1907
  • Year Renovated 1984
  • Date Updated Apr 24, 2024

Price Reduction: $2,950,000 to $2,800,000. Malden Apartments on Capitol Hill. This classic 1907 built 7-unit apartment provides investors with a value-add deal in-which all of the heavy lifting is already taken care of. Five out of the seven units have been fully renovated with stainless steel appliances, flooring and washer/dryer but are still 17% below market rents. Located directly next to 15th Ave, Malden is an ideal location for investors looking for property right in the thick of Seattle but in a very quiet residential charming neighborhood outside of the busy Pike-Pine corridor. $130,000 has already been spent on the exterior and common area renovations and up to $60,000 spent on an individual unit renovations. 

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Getting around

  • 92/100

    Walk Score ®

  • 69/100

    Transit Score ®

  • 94/100

    Bike Score ®

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Location

  • City Seattle, WA
  • Neighborhood Broadway
  • Zip Code 98112
  • Market Seattle

Points of Interest

  • Capitol Hill Station

    0.48 miles

  • Capitol Hill

    0.50 miles

  • Broadway & Denny

    0.58 miles

  • Broadway & Pine

    0.75 miles

  • Broadway & Pike

    0.80 miles

  • Fairview & Campus Drive

    0.90 miles

  • Lake Union Park

    1.08 miles

  • Broadway & Marion

    1.08 miles

  • Terry & Mercer

    1.11 miles

  • Terry & Thomas

    1.14 miles

  • Hilltop Service Station

    0.06 miles

  • 76

    0.33 miles

  • Shell

    0.65 miles

  • 7-Eleven

    0.67 miles

  • Shell

    0.79 miles

  • Shell

    1.00 miles

  • Shell

    1.14 miles

  • Greenlots

    1.24 miles

  • Blink

    1.24 miles

  • Arco

    1.27 miles

  • Lot P-5

    0.40 miles

  • parking lot for 109 23rd Ave E

    0.57 miles

  • Diamond Parking

    0.64 miles

  • Harvard Garage

    0.78 miles

  • Employee Parking

    0.80 miles

  • Visitor Parking

    0.81 miles

  • Japanese Garden Parking Lot

    0.88 miles

  • Boyer Parking Lot

    0.91 miles

  • P5

    0.96 miles

  • U-Park

    1.05 miles

  • Silver Cloud Inn - Seattle Lake Union

    0.81 miles

  • SpringHill Suites

    0.90 miles

  • Residence Inn Seattle Downtown/Lake Union

    0.94 miles

  • Silver Cloud Broadway

    0.96 miles

  • EVEN Hotels - South Lake Union

    1.00 miles

  • Staybridge Suites - South Lake Union

    1.01 miles

  • Hilton Garden Inn Seattle Downtown

    1.02 miles

  • Hilton Garden Inn

    1.05 miles

  • Moxy Seattle North

    1.07 miles

  • Homewood Suites

    1.11 miles

  • Safeway

    0.29 miles

  • QFC

    0.41 miles

  • M2M Mart

    0.49 miles

  • Trader Joe's

    0.63 miles

  • Central Co-op

    0.65 miles

  • Safeway

    0.66 miles

  • City Market

    0.81 miles

  • QFC

    0.83 miles

  • Amazon Go Grocery

    0.87 miles

  • PCC

    0.94 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Winslow Lee

Kidder Mathews

(425) 681-7695