Listed by Luna Wang, Skyline Properties, Inc.
$2,065,000
11 Beds
8 Baths
3,760 sqft
2312 E Denny Way, Seattle, WA 98122
Est. Mortgage $12,256/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1983
$549/sqft
Local Information
- Map ViewExplore the area around 2312 E Denny Way.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
The Caldwell presents investors with a compelling opportunity to acquire a turn-key multifamily investment in one of Seattle’s premier urban submarkets, offering an attractive 5.0% in-place cap rate. Ideally positioned at the edge of Capitol Hill, the property is less than a block from Madison Street, a major arterial providing direct access to Downtown Seattle and the surrounding employment centers. The property features a highly functional mix of 1- and 2-bedroom floor plans, including three townhouse-style units, appealing to renters seeking additional space and flexibility for today’s work-from-home lifestyle. Its prime location places residents within close proximity to the vibrant amenities of Capitol Hill while providing convenient access to major employers, healthcare institutions, and educational centers throughout the region. Continued growth in South Lake Union, driven by major technology employers including Amazon, Google, and Meta, combined with the established presence of Swedish Medical Center, Seattle University, and other major institutions, supports strong and sustained rental demand. With its desirable location, versatile unit mix, and established income stream, the Caldwell offers investors an attractive combination of current cash flow, tenant demand, and long-term appreciation potential.
Home Details for 2312 E Denny Way
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 11Number of Bathrooms: 8 |
Dimensions and Layout Living Area: 3760 Square Feet |
Heating & Cooling Heating: Wall Furnace,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Company: Seattle City Light |
Windows, Doors, Floors & Walls Flooring: Laminate, Vinyl, Carpet |
Levels, Entrance, & Accessibility Number of Stories: 3Floors: Laminate, Vinyl, Carpet |
View Has a ViewView: Territorial |
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Exterior Home Features Roof: CompositionFoundation: Poured Concrete |
Parking & Garage No CarportNo Open Parking |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Connected, Company: Seattle Public Utitlity |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 1Days on Market: <1 day on Trulia |
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Year Built Year Built: 1983Year Renovated: 2001 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: 5-9 Units |
Building Building Name: Caldwell ApartmentConstruction Materials: Metal/Vinyl, Wood Siding |
Property Information Condition: GoodUsage of Home: Multi-FamilyParcel Number: 181300035 |
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Price List Price: $2,065,000Price Per Sqft: $549 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: SeattleCommunity: Madison Valley |
School Information Elementary School: Buyer To VerifyJr High / Middle School: Buyer To VerifyHigh School: Buyer To VerifyHigh School District: Seattle |
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Listing Agent Listing ID: 2569977 |
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Building Area Building Area: 3760 Square Feet |
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Not Senior CommunityUnits in Building: 5 |
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HOA Fee: No HOA Fee |
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Lot Area: 4286.304 sqft |
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Special Conditions: Standard |
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Listing Terms: Conventional |
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Mls Number: 2569977Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, Call Listing Office |
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Internet Entire Listing Display YN C |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Madison Valley
At least 32 Trulia users voted on each feature.
97 % Say it's dog friendly
94 % Say it's walkable to restaurants
92 % Say it's walkable to grocery stores
87 % Say there are sidewalks
78 % Say people would walk alone at night
77 % Say parking is easy
63 % Say yards are well-kept
62 % Say there's holiday spirit
58 % Say it's quiet
53 % Say they plan to stay for at least 5 years
53 % Say neighbors are friendly
52 % Say streets are well-lit
49 % Say kids play outside
46 % Say car is needed
46 % Say there's wildlife
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Seattle
Last updated July 2026
Avg. sale price
$860K
$6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$557
$4MoM
Available listings
2774
7MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.37 | Multi-Family Home | $1,699,000 | 03/20/26 | 8 | 5 | 3,084 | |
0.36 | Multi-Family Home | $1,650,000 | 07/30/26 | 18 | 6 | 8,244 | |
0.60 | Multi-Family Home | $1,840,000 | 02/12/26 | 7 | 9 | 5,468 | |
0.73 | Multi-Family Home | $1,693,750 | 07/28/26 | 9 | 6 | 4,756 | |
0.76 | Multi-Family Home | $1,930,000 | 03/06/26 | 18 | 8 | 6,036 | |
0.83 | Multi-Family Home | $2,225,000 | 12/19/25 | 11 | 10 | 8,659 | |
0.80 | Multi-Family Home | $2,000,000 | 07/10/26 | 8 | 5 | 5,909 | |
0.44 | Multi-Family Home | $1,450,000 | 10/17/25 | 3 | 3 | 2,680 | |
0.76 | Multi-Family Home | $1,550,000 | 10/20/25 | 6 | 4 | 3,240 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $1,492,200 | Studio | - | 3,430 | Off Market | |
0.02 | $673,700 | Studio | - | 1,370 | Off Market | |
0.05 | $829,600 | 3 | 3.5 | 1,570 | Off Market | |
0.06 | $884,000 | 4 | 3 | 1,887 | Off Market | |
0.05 | $925,000 | Studio | 1.5 | 1,484 | For Sale | |
0.06 | $880,000 | 3 | 3 | 1,313 | Recently Sold | |
0.07 | $778,100 | 3 | 2.5 | 1,500 | Off Market | |
0.07 | $801,200 | 3 | 2.5 | 1,490 | Off Market | |
0.07 | $933,300 | 3 | 3.5 | 1,570 | Off Market | |
0.07 | $741,400 | 4 | 2.5 | 1,434 | Off Market | |
0.07 | $645,700 | 2 | 2 | 1,058 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jun 30, 2022 Source: NWMLS as distributed by MLS GRID #1920453 | Sold | $2,000,000 |
Apr 29, 2022 Source: NWMLS as distributed by MLS GRID #1920453 | Pending | $1,995,000 |
Apr 21, 2022 Source: NWMLS as distributed by MLS GRID #1920453 | Listed For Sale | $1,995,000 |
Jul 18, 2020 Source: Agent Provided | ListingRemoved | $2,055 |
Jul 14, 2020 Source: Agent Provided | PriceChange | $2,055 Price decreased by 4% |
Jun 17, 2020 Source: Agent Provided | Listed For Rent | $2,130 |
Apr 8, 2016 Source: Agent Provided | ListingRemoved | $1,950 |
Jan 22, 2016 Source: Agent Provided | PriceChange | $1,195 Price decreased by 11% |
Jan 4, 2016 Source: Agent Provided | Listed For Rent | $1,345 |
| Year | Property tax | Tax assessment |
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| 2025 | $14,933 | $1,449,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Luna Wang, Skyline Properties, Inc.
Based on information submitted to the MLS GRID as of 2026-09-08 05:58:39 PDT. 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
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Frequently asked questions about 2312 E Denny Way
- What is the estimated monthly payment for 2312 E Denny Way?Based on a $2,065,000 list price with 20% down at today's rates, the estimated monthly payment for 2312 E Denny Way in Seattle, WA is approximately $12,407 (about $10,921 principal & interest, $1,411 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 2312 E Denny Way compare to homes in Seattle?2312 E Denny Way in Seattle, WA is listed at $2,065,000, about 140% above the $860K median sale price in Seattle.
- What do residents say about the Madison Valley neighborhood?Residents describe the Madison Valley neighborhood in Seattle, WA as dog-friendly, walkable to restaurants, and walkable to grocery stores. See homes for sale in Madison Valley, Seattle.
- What are the closest schools to 2312 E Denny Way?The closest schools to 2312 E Denny Way in Seattle, WA are Edmonds S. Meany Middle School (rated 5/10), Garfield High School (rated 8/10), McGilvra Elementary School (rated 8/10).
- Is there a virtual tour of 2312 E Denny Way?Yes, a virtual tour of 2312 E Denny Way in Seattle, WA is available.
2312 E Denny Way, Seattle, WA 98122 is a 11 bedroom, 8 bathroom, 3,760 sqft multi-family built in 1983. 2312 E Denny Way is located in Madison Valley, Seattle. This property is currently available for sale and was listed by NWMLS as distributed by MLS GRID on Sep 9, 2026. The MLS # for this home is MLS# 2569977.