321 Broadway E

Seattle, WA 98102

$6,200,000
Price
1
Bed
2
Baths
15,560 Sq. Ft.
$398 / Sq. Ft.
15,560
Sq. Ft.
$398
per Sq. Ft.
a view of a building with a street
a view of entryway and hall with wooden floor
a view of a hallway with seating area
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a view of an empty room with wooden floor and closet
a view of a kitchen with wooden floor and a refrigerator
a utility room with sink dryer and washer
a white kitchen with sink a refrigerator and cabinets
a view of an empty room with wooden floor
a view of a hallway with stairs
an empty room with wooden floor fireplace and windows
an empty room with wooden floor & windows and bathroom
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a utility room with sink dryer and washer
a bathroom with a sink and a mirror
a bathroom with a sink and a bathtub
a bathroom with a sink and a mirror
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
an empty room with windows
an empty room with closet area
a view of staircase with white walls and a window
a utility room with dryer and washer
Listing provided courtesy of Kidder Mathews

Description

Casa Del Rey is a 27-unit mixed-use asset with three retail shops, including a T-Mobile lease, in the heart of Capitol Hill on an iconic street. Residents step out the front door and are blocks from the Link Light Rail Station, Cal Anderson Park, and the Pike/Pine retail corridor. Apartments average 517 SF and enjoy one of Seattle’s most walkable, amenity-rich locations. Strong in-place cash flow with a clear path to a 7.5% cap by lifting average rents ~9.8% to current high-water marks. Seller will...Casa Del Rey is a 27-unit mixed-use asset with three retail shops, including a T-Mobile lease, in the heart of Capitol Hill on an iconic street. Residents step out the front door and are blocks from the Link Light Rail Station, Cal Anderson Park, and the Pike/Pine retail corridor. Apartments average 517 SF and enjoy one of Seattle’s most walkable, amenity-rich locations. Strong in-place cash flow with a clear path to a 7.5% cap by lifting average rents ~9.8% to current high-water marks. Seller will consider attractive below-market seller-financing terms; inquire for details.
  1. Listed by Max Frame • Kidder Mathews

Property Details for 321 Broadway East

Community Name
North Capitol Hill
School District
Seattle
View
City, Lake, Territorial
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
12-02-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/12/2025 01:22 PM

Property Details for 321 Broadway East

StatusActive
MLS #2458589
Days on Market42
Cumulative Days on Market42
Taxes$67,567 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.13 AC / 5,714 SF
CountyKing County

Location

Listing Courtesy of Kidder Mathews
Add your commute

Building Information for 321 Broadway East

Stories4Residences6Year Built1910Building Size-Lot Size0.13 AC / 5,714 SF

Payment Calculator

$35,848 per month

30 year fixed, 6.15% Interest

Principal and Interest

$30,218

Property Taxes

$5,631

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 321 Broadway East

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 390 - Central Seattle
  • Effective Year Built Source: Public Records
  • Directions: 321 Broadway East Seattle, WA 98102
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 14
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Brick
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 18852
  • Power Company: Seattle City Light
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: KCPV
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1910
  • Photos Count: 38
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk, Value In Land
  • Lot Size Dimensions: 5714
  • Lot Size Source: KCPV
  • Parcel Number Free Text: 6850700380
  • Building Condition: Good
  • Calculated Square Footage: 15560
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 15560.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 4
  • Vacancy Rate: 1
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 27
Financing / Income and Expenses
  • Electric Expense: $18,852
  • Total Expenses: 303596
  • Gross Adjusted Income: 705948
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $650,868
  • Insurance Expense: $60,000
  • Net Operating Income: $402,352
  • Other Expenses: $119,472
  • Total Monthly Income: 56063
  • Fuel Expense: $18,853
Unit 1
  • Name Unit 1: Studios - 13
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 426
  • Rent Unit 1: $1,272.00
  • Bedrooms Unit 1: 0
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1 x 1 - 14
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 601
  • Rent Unit 2: $1,659.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: Commercial A
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: false
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 646
  • Rent Unit 3: $3,500.00
  • Bedrooms Unit 3: 0
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 0
Unit 4
  • Name Unit 4: Commercial B
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: false
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 964
  • Rent Unit 4: $4,665.00
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 0
Unit 5
  • Name Unit 5: Commercial C
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: false
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 829
  • Rent Unit 5: $5,386.00
  • Bedrooms Unit 5: 0
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 0
Unit 6
  • Name Unit 6: Antenna
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: false
  • Refrigerator Unit 6: false
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 0
  • Rent Unit 6: $2,750.00
  • Bedrooms Unit 6: 0
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 15560.0

Property History for 321 Broadway East

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Listed (Active)

NWMLS #2458589

$6,200,000—
DateEvent & SourcePrice
12/02/2025

Listed (Active)

NWMLS #2458589

$6,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 321 Broadway East

Taxable ValueLand$3,599,800Additions$3,633,200Total$7,233,000
Tax Record2024$74,459 ($6,205 / month)
Home Facts
Total Finished SqFt13,950 SqFtAbove Ground SqFt13,950 SqFtStories4Lot Size5,714 SqFtStyleMulti-Family Res (5+ Units)Year Built1910Year Renovated1984ZoningNC3P-75 (M1)CountyKINGAPN685070-0380

Schools near 321 Broadway East

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Lowell Elementary School
Public - PK to 5
Edmonds S. Meany Middle School
Public - 6 to 8
Garfield High School
Public - 9 to 12
Hutch School
Public - PK to 12
Rating
School
Distance
Lowell Elementary School
PublicPK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Hutch School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 321 Broadway East, Seattle, WA 98102

321 Broadway East is a multi-family home for sale in Seattle, WA 98102. This property was listed for sale on December 2, 2025 by Kidder Mathews, it's currently listed at $6,200,000. This listing's school district is Seattle Public Schools. Nearby schools include Lowell Elementary School, Edmonds S. Meany Middle School and Garfield High School. 321 Broadway East is a 1-bed, 2-bath, 15,560 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kidder Mathews

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/13/2026 11:16 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.