The Lanning, an 11-unit apartment in the heart of Capitol Hill. This well-maintained brick veneer building, built in 1910, offers spacious layouts 827 SF on avg, a rare find in a neighborhood known for compact apartments. The unit mix consists of 10 one-bedroom units and 1 two-bedroom unit, well-preserved hardwood floors, and in-unit w/d in 10 of the units. Steps from Broadway’s vibrant retail corridor, the Light Rail Station & SLU. Currently operating with below market rents, The Lanning presents a clear value-add opportunity. Whether repositioning as a bespoke high-end rental or realizing efficiencies as stabilized asset, The Lanning represents an unparalleled opportunity to own in one of Seattle’s most resilient and dynamic submarkets.
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
General Information
NWM2349691
Multi Family
40
DOM
4800.31 SqFt
9350
1910
King
Residential Incom
Multi Family
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
Krishna Realty data last checked: Jun 02, 2025 19:12 | Listing last modified May 05, 2025 18:44,
Source:
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Residence Information
9350
Flat
56 - 10+ Units
1910
Block, Poured Concre
Basement, See Remarks
Features and Utilities
Brick, Cement Planked, Stucco
Community
Sewer Connected
0
Financial
30995
Cash Out, Conventional
03-26-2025
Comparable Information
40
40
Cash Out, Conventional
$3,195,000
$3,195,000
May 05, 2025 18:44
Schools
Map
Listing courtesy of Lee & Associates Commercial RE.
The Lanning, an 11-unit apartment in the heart of Capitol Hill. This well-maintained brick veneer building, built in 1910, offers spacious layouts 827 SF on avg, a rare find in a neighborhood known for compact apartments. The unit mix consists of 10 one-bedroom units and 1 two-bedroom unit, well-preserved hardwood floors, and in-unit w/d in 10 of the units. Steps from Broadway’s vibrant retail corridor, the Light Rail Station & SLU. Currently operating with below market rents, The Lanning presents a clear value-add opportunity. Whether repositioning as a bespoke high-end rental or realizing efficiencies as stabilized asset, The Lanning represents an unparalleled opportunity to own in one of Seattle’s most resilient and dynamic submarkets.
