$3,195,000
Est. $16,189/mo525 E Roy Street, Seattle, WA 98102
• Listed 2026-05-14•29 days on market
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Based on information submitted to the MLS GRID as of May 14, 2026 at 02:00pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Excellent corner-lot Capitol Hill location within blocks of the Harvard-Belmont Landmark District, and walking distance to Downtown, South Lake Union, Volunteer Park, Cal Anderson Park, and the trendy retail corridors of Broadway, Pike/Pine, and 15th Ave E. Turnkey opportunity with stable occupancy and a 5.4% cap rate and 11.5 GRM. Walker’s Paradise Walk Score of 90 - incredible walking access to an abundance of restaurants, shops, grocery stores, parks, Link light rail station, and multiple bus routes. Upside potential - likely opportunity to raise rents to market levels and increase charges for parking and utility bill-backs to achieve a 5.8% cap rate and 10.8 GRM. Parking spaces for 6 vehicles. Excellent unit mix featuring five 2-bed/1-bath units, five 1-bed/1-bath units, and one studio unit - average square footage of 684. Substantial building upgrades including major plumbing and electrical updates to most units, bathroom improvements to more than half of the units, dishwashers and updated kitchens in the two-bed units, and in-unit laundry in 9 of the 11 units. Desirable features including updated windows, secured entry, spacious floor plans with dining areas and large closets, scenic views from select units, and a common laundry room with 10 storage lockers.
Listed by Dan Swanson • Kidder Mathews
Listing updated: May 14, 2026 at 02:00pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2524172
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525 E Roy Street, Seattle, WA 98102
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 9 days.
$699,900 Sold
3 weeks ago
3 bd•1 ba•~1,195 sq ft•Single Family
1225 E Roy Street, Seattle, WA 98102
0%
Over list
—
Days on market
0.4 mi
Distance
$4,400,000 Sold
3 weeks ago
5 bd•5 ba•~8,100 sq ft•Single Family
1617 Federal Avenue E, Seattle, WA 98102
12%
Under list
—
Days on market
0.6 mi
Distance
$2,650,000 Sold
6 weeks ago
•Single Family
221 Belmont Avenue E, Seattle, WA 98102
17%
Under list
—
Days on market
0.3 mi
Distance
$925,000 Sold
2 months ago
3 bd•1 ba•~1,456 sq ft•Single Family
318 B Bellevue Avenue E, Seattle, WA 98102
0%
Over list
—
Days on market
0.3 mi
Distance
$699,950 Sold
2 months ago
1 bd•0.5 ba•~830 sq ft•Single Family
2018 Fairview Avenue E #b, Seattle, WA 98102
0%
Over list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Seattle School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.