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Listed by Jordan R. Malloch • Windermere Real Estate Co..Some photos are virtually staged
FOR SALE

$565,000

Est. $3,093/mo

2 bd•1.75 ba•1,132 sq ft

400 Melrose Avenue E #509, Seattle, WA 98102

• Listed Sep 17, 2026•20 days active · 20 cumulative

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★★★★★5.0·1,243 Google reviews

Listing Broker: Windermere Real Estate Co.; Jordan R. Malloch; 206-790-5097; jordanm@windermere.com

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Listing Broker: Windermere Real Estate Co.; Jordan R. Malloch; 206-790-5097; jordanm@windermere.com

About this home

This corner unit wraps south- and west-facing floor-to-ceiling windows around captivating views of the Space Needle, downtown skyline, Lake Union, and the Olympic Mountains — all from the comfort of this updated 2-bedroom, 1.75-bath Capitol Hill condo. Brand-new flooring flows throughout for a clean, move-in-ready feel, and both bedrooms are generously sized — a rare find for Capitol Hill. A spacious living room centers the home around a gas fireplace, and a dedicated dining room off the kitchen makes everyday meals and entertaining feel effortless. Built-ins add smart, elegant storage throughout, and an in-unit washer/dryer keeps daily life simple. One dedicated parking spot rounds it out — another rare find this close to everything the neighborhood has to offer. With no rental cap, this is also a smart pick for investors. Step outside and you're minutes from Capitol Hill's best restaurants, bars, and nightlife, but step inside and it's all quiet, skyline views, and golden-hour sunsets.

Property type
Condo
Year built
1967
Interior
1,132 sq ft
Lot size
0.4959 acres
Parking
Carport
Price / sq ft
$499
HeatingRadiant
CoolingNone
Property taxes$4,932/yr (est.)
HOA dues$899/mo
School districtSeattle

Listed by Jordan R. Malloch • Windermere Real Estate Co.

Listing updated: September 22, 2026 at 01:47pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2583244

Around this home

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400 Melrose Avenue E #509, Seattle, WA 98102

List price
$565,000
Down payment
$113,000

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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

Interior features

  • Cooking-Electric
  • Dryer-Electric
  • End Unit
  • Fireplace
  • Washer
  • Fireplace (gas)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Condo (1 Level)

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Ceramic Tile
  • Vinyl Plank

Heating & cooling

  • Radiant heating
  • None cooling

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Sahali
Floor of unit
5
Units in building
49
Stories in building
6
FHA-approved project
No
Common interest community
Yes
HOA dues
$899
Dues frequency
Monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Lawn Service, Sewer, Trash, Water
Special assessment
false
Association contact
Tim Mumbrue

Rules

Rental cap
No Rental Cap
Pets
See Remarks, Subject to Restrictions
55+ community
No

Unit

Assigned parking
1
Parking space numbers
35
Unit features
End Unit
Common property features
Gated Entry,Sauna
Entry location
Main
Access stairs
2
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Power company
SCL
Water company
HOA
Sewer company
HOA
Gas company
PSE
Garbage service
HOA
Irrigation water rights
No

Rooms & extras

Fireplaces on main
1
Excluded items
No

New construction

Square footage source
Appraisal
Lot size source
Public Records
Effective year built source
Public Records

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Seattle School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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.

Down payment assistance

7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,544 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Source: 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: Windermere Real Estate Co.; Jordan R. Malloch; 206-790-5097; jordanm@windermere.com

Market pulse

Seattle is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 67 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $575,000 Sold

    1 week ago

    2 bd•1 ba•Condo

    525 Belmont Avenue E #7A, Seattle, WA 98102

    4%

    Under list

    84

    Days on market

    0.2 mi

    Distance

  • $369,950 Sold

    2 weeks ago

    1 bd•1 ba•Condo

    525 Belmont Avenue E #6C, Seattle, WA 98102

    0%

    Over list

    42

    Days on market

    0.2 mi

    Distance

  • $501,500 Sold

    5 weeks ago

    2 bd•1.75 ba•Condo

    535 Summit Avenue E #403, Seattle, WA 98102

    4%

    Under list

    35

    Days on market

    0.2 mi

    Distance

  • $1,150,000 Sold

    7 weeks ago

    3 bd•2 ba•Condo

    505 Belmont Avenue E #1101, Seattle, WA 98102

    0%

    Over list

    3

    Days on market

    0.2 mi

    Distance

  • $395,000 Sold

    7 weeks ago

    1 bd•1 ba•Condo

    435 Summit Avenue E #203, Seattle, WA 98102

    3%

    Over list

    37

    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.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 22, 2026 at 01:47pm (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.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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