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← Back to search results/Seattle, WA/2239 Yale Avenue E
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Listed by Lauren Hendricks • Windermere Real Estate Midtown.
FOR SALE

$2,300,000

Est. $12,740/mo

4,800 sq ft

2239 Yale Avenue E, Seattle, WA 98102

• Listed Sep 23, 2026•28 days active · 28 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Windermere Real Estate Midtown; Lauren Hendricks; 206-999-9161; laurenhendricks@windermere.com

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Listing Broker: Windermere Real Estate Midtown; Lauren Hendricks; 206-999-9161; laurenhendricks@windermere.com

About this home

The Castle Apts is a well-maintained 7-unit, including a Penthouse apartment with a nearly 1,000 SF deck, located in the heart of the Eastlake neighborhood. Great unit mix consisting of 3 studios, 3 one bedrooms & one 2 bd/1.5 bath Penthouse with panoramic views of the Seattle Skyline, Space Needle, Gas Works Park & Lake Union. Copper plumbing, updated kitchens & bathrooms in 5 of the units, and new electrical panels throughout. Tenants enjoy off-street parking, mature landscaping with separate outdoor spaces, large laundry room on-site with coin-op W/D and additional storage for all units. Low turn over and high rental demand neighborhood due to its close proximity to mass transit, the South Lake Union tech hub, University of Washington & downtown Seattle. Incredible opportunity for an owner-occupant to live in one unit and collect rent from the other units to offset the mortgage payment. Long-term tenants with below market rents unaware of sale. Please do not disturb tenants.

Property type
Single Family
Year built
1962
Interior
4,800 sq ft
Lot size
0.1263 acres
Parking
None
Price / sq ft
$479
HeatingBaseboard
CoolingNone, Window Unit(s)
Property taxes$17,964/yr (est.)
School districtSeattle

Listed by Lauren Hendricks • Windermere Real Estate Midtown

Listing updated: September 30, 2026 at 04:28pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2586025

Around this home

RexMont OfferEdge™

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2239 Yale Avenue E, Seattle, WA 98102

List price
$2,300,000
Down payment
$460,000

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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

Layout

  • 5-9 Units

Flooring

  • Concrete
  • Laminate
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling
  • Window Unit(s) cooling

Schools

Ratings via SchoolDigger

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.

Multi-family facts

As entered by the listing broker on Northwest MLS

Units

Total units
7
Units in building
7
Units below grade
false
Building square feet
4,800 sq ft

Income & expenses

Gross scheduled income
$149,400
Total monthly income
$12,450
Additional monthly income
$100
Gross adjusted income
$144,918
Net operating income
$91,637
Cap rate
4%
Gross rent multiplier
15
Vacancy rate
3%
Total expenses
$53,281
Insurance
$8,801
Other expenses
$15,365
Water / sewer / garbage paid by
11151

Parking & storage

Parking spaces
7
Uncovered parking
7

Taxes & assessment

Annual taxes
$17,964
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

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The members' report

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Sales & Tax Records for 2239 Yale Avenue E

NWMLS via MLS Grid · King County Assessor

Every 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.

  1. Sep 23, 2026
    Listed
    NWMLS via MLS Grid · #2586025
    $2,300,000
    $479/sq ft

Mortgage payment forecast

$14,812 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

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 Midtown; Lauren Hendricks; 206-999-9161; laurenhendricks@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 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

  • $799,950 Sold

    6 days ago

    2 bd•2 ba•~998 sq ft•Single Family

    2014 Fairview Avenue E #C, Seattle, WA 98102

    0%

    Over list

    107

    Days on market

    0.2 mi

    Distance

  • $1,870,000 Sold

    6 days ago

    4 bd•3 ba•~2,980 sq ft•Single Family

    3127 Broadway E, Seattle, WA 98102

    2%

    Under list

    77

    Days on market

    0.8 mi

    Distance

  • $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

    0.8 mi

    Distance

  • $1,160,000 Sold

    2 weeks ago

    3 bd•2.25 ba•~1,675 sq ft•Single Family

    2723 Yale Terrace Avenue E, Seattle, WA 98102

    3%

    Under list

    83

    Days on market

    0.4 mi

    Distance

  • $1,100,000 Sold

    2 weeks ago

    2 bd•2.5 ba•~1,510 sq ft•Single Family

    2359 Yale Avenue E #A, Seattle, WA 98102

    4%

    Under list

    60

    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

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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© 2026 Northwest Multiple Listing Service. All rights reserved.

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