$1,695,000
Est. $9,389/mo426 11th Avenue E, Seattle, WA 98102
• Listed Sep 15, 2026•27 days active · 27 cumulative
Listing Broker: Lee & Associates Commercial RE; Sara Bago; 206-773-2674; sbago@lee-associates.com
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Listing Broker: Lee & Associates Commercial RE; Sara Bago; 206-773-2674; sbago@lee-associates.com
About this home
We are pleased to present Capitol Hill 7, a well-located 7-unit property positioned in Seattle’s Capitol Hill/Eastlake neighborhood. Built in 1964, the 5,800 SF asset offers an attractive scale for investors seeking a well-located investment opportunity with durable rental demand. The property features LVP flooring throughout, ten on-site parking spaces, common-area laundry, and separate storage lockers for each residence. The roof was installed in 2016, helping reduce near-term capital expenditure requirements. Unit 5 includes an added rear deck with a glass sliding door, providing an enhanced outdoor living amenity. Located near the intersection of Capitol Hill and Eastlake, residents benefit from convenient access to Seattle’s premier dining, nightlife, retail, parks, cultural amenities, and employment centers. The property is a 10-minute walk from the light rail Capitol Hill Station. With its strong in-city location, parking availability, dedicated storage, and value-add potential through future unit upgrades, Capitol Hill 7 presents an appealing opportunity for investors seeking exposure to one of Seattle’s most established rental submarkets.
Listed by Sara Bago • Lee & Associates Commercial RE
Listing updated: September 24, 2026 at 07:36pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2583141
Around this home
How much should you offer?
426 11th Avenue E, Seattle, WA 98102
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- 5-9 Units
Flooring
- Vinyl Plank
Heating & cooling
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDigger- Lowell Elementary SchoolPublic · Grades PK-5 · 0.1 mi · State rank 969 of 1,1382/10
- Edmonds S. Meany Middle SchoolPublic · Grades 6-8 · 0.6 mi · State rank 185 of 5146/10
- Seattle World SchoolPublic · Grades 9-12 · 0.8 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 7
- Units in building
- 7
- Units below grade
- false
Income & expenses
- Gross scheduled income
- $161,100
- Total monthly income
- $13,016
- Additional monthly income
- $263
- Gross adjusted income
- $153,045
- Net operating income
- $95,702
- Cap rate
- 5.65%
- Gross rent multiplier
- 10.5
- Vacancy rate
- 5%
- Total expenses
- $60,493
- Insurance
- $5,103
- Other expenses
- $18,660
- Water / sewer / garbage paid by
- 15977
Parking & storage
- Parking spaces
- 10
- Uncovered parking
- 4
- Covered spaces
- 6
Taxes & assessment
- Annual taxes
- $20,753
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
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Sales & Tax Records for 426 11th Avenue E
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 15, 2026ListedNWMLS via MLS Grid · #2583141$1,695,000
- May 27, 1982Recorded saleKing County recorder · Warranty deed$240,000
Mortgage payment forecast
$11,542 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Lee & Associates Commercial RE; Sara Bago; 206-773-2674; sbago@lee-associates.com
Market pulse
Seattle is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 63 days.
Recent sales nearby
Within 1 mile · last 6 months$2,485,000 Sold
6 days ago
4 bd•3.5 ba•~3,717 sq ft•Single Family
1111 Bellevue Place E, Seattle, WA 98102
4%
Under list
66
Days on market
0.4 mi
Distance
$749,900 Sold
2 weeks ago
2 bd•1.75 ba•~1,579 sq ft•Single Family
633 13th Avenue E, Seattle, WA 98102
0%
Over list
52
Days on market
0.2 mi
Distance
$2,100,000 Sold
2 weeks ago
5 bd•2.25 ba•~3,580 sq ft•Single Family
723 12th Avenue E, Seattle, WA 98102
2%
Under list
42
Days on market
0.2 mi
Distance
$1,735,000 Sold
2 weeks ago
•Single Family
315 12th Avenue E, Seattle, WA 98102
3%
Under list
181
Days on market
0.1 mi
Distance
$998,000 Sold
2 weeks ago
2 bd•2.25 ba•~1,400 sq ft•Single Family
427 13th Avenue E #C, Seattle, WA 98102
0%
Over list
82
Days on market
0.1 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 21, 2026 at 4:59 AM PT (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). 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 RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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