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403 E Thomas St
Seattle, WA 98102 Capitol Hill

$3,199,500 USD

Multifamily For Sale • 6,268 SF

Property Details

Property Type Multifamily
Total Building Size 6,420 SF
Lot Size 0.1 AC
Building Class C
Year Built 1966
Cap Rate 4.43 %
Zoning MR (M), Seattle

88 Transit Score

95 Walk Score

                
                    Highlights
                
                                Convenient Capitol Hill location; a Walker’s Paradise walk score of 95; Walkable to Downtown, South Lake Union, restaurants, light rail, and shops
                            
                                Excellent unit mix 4 two-beds, 4 one-beds, and a studio
                            
                                Owner occupant opportunity: Large ±1,200-SF view penthouse unit with 2 bedrooms plus a den and one-and-a-half bathrooms
                            
                                Downtown and Space Needle views from upper floors
                            
                                9 off-street and 2 garage parking spaces
                            
                                Updated dual-pane windows, in-unit laundry and dishwashers in all units other than the studio, elevator

Property Flyers

Edgene Apartments

Financial Summary (Actual)

Net Operating Income: $141,768 USD (2026)

Cap Rate:	4.43 %
Total Expenses:	$86,118 USD

Amenities

Elevator
Double Pane Windows

Public Transportation

Commuter Rail	Drive	Walk	Distance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	6 min	-	2.1 mi
Transit/Subway	Drive	Walk	Distance
Westlake & Denny (South Lake Union Streetcar - Seattle Streetcar)	3 min	14 min	0.7 mi
Terry & Thomas (South Lake Union Streetcar - Seattle Streetcar)	3 min	16 min	0.8 mi
Westlake & Thomas (South Lake Union Streetcar - Seattle Streetcar)	3 min	17 min	0.9 mi
Terry & Mercer (South Lake Union Streetcar - Seattle Streetcar)	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	25 min	-	15.3 mi
Seattle Paine Field International	33 min	-	23.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	9
Type:	Surface
Included in Rent:	Yes

Dan Swanson 425-444-6501 Kidder Mathews

403 E Thomas St Seattle, WA 98102 Capitol Hill