Listed by Ryan Iles • Paragon Real Estate Advisors. Bought with Sound Asset Partners LLC.
Off market jan 2026 for $3.9M
—
Est. refi paymentEst. refi$30,577/mo
7
bd
•
30 ba
•
15,325
sq ft
605 E Denny Way, Seattle, WA 98122
About this home
Major price improvement. $155,000/unit and Proforma 7.28% cap rate with conservative market rents! The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
4
Lot width
—
Lot depth
—
Lot size
5,196 Sq. Ft.
Year renovated
1995
Sq. Ft.
15,325
Year built
1927
Style
Multi-Family (5+ Unit)
County
King County
APN
684870 0095
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 4, 2026.
Dec 6, 2023 • Final
Boiler/pressure vessel
Replace the existing potable hot water boiler with a new potable hot water boiler.
Plumbing
Water heater
Apr 27, 2018 • Final
Electrical permit: over the counter
Replace a shorted underground electrical feed to an elevator panel and meter with a new overhead mast.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Has Heating
Heating Information: Wall Unit(s)
Cooling Information: None
Multi-Family Financial Information
Insurance Expense: $31,506
Other Expense: $119,072
Net Operating Income: $273,462
Gross Adjusted Income: 509238
Gross Scheduled Income: $524,988
Total Monthly Income: 43749
Gross Rent Multiplier: 8.86
Total Expenses: 235777
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 30
Vacancy Rate: 3
# of Units (Total): 30
Unit Type 1 Information
Unit Name: 101
# of Bathrooms: 1
Actual Rent: $1,295
Unit Type 2 Information
Unit Name: 103
# of Bathrooms: 1
# of Bedrooms: 2
Actual Rent: $1,995
Unit Type 3 Information
Unit Name: 104
# of Bathrooms: 1
Actual Rent: $1,275
Unit Type 4 Information
Unit Name: 105
# of Bathrooms: 1
Actual Rent: $1,275
Unit Type 5 Information
Unit Name: 106
# of Bathrooms: 1
# of Bedrooms: 1
Actual Rent: $1,575
Unit Type 6 Information
Unit Name: 107
# of Bathrooms: 1
Actual Rent: $1,295
Unit Type 7 Information
Unit Name: 201
# of Bathrooms: 1
Actual Rent: $1,295
Unit Type 8 Information
Unit Name: 202
# of Bathrooms: 1
Actual Rent: $1,350
Unit Type 9 Information
Unit Name: 203
# of Bathrooms: 1
Actual Rent: $1,295
Unit Type 10 Information
Unit Name: 204
# of Bathrooms: 1
Actual Rent: $1,042
Exterior
Building Information
Construction Materials: Brick
Roof: Flat
Exterior Features
Exterior Features: Brick
Property Information
Energy Source: Electric
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family
Lot Information
MLS Lot Size Source: King County
Lot Size Units: Square Feet
Lot Size Acres: 0.1193
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $47,500
Tax Year: 2025
Financial Information
Listing Terms: Cash, Conventional
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Sewer Connected
Water Sewer Garbage: 37699
Location
School Information
High School District: Seattle
Location Information
Directions: From downtown Seattle, head northwest toward Madison St. Take Cherry St, I-5 N and Exit 166 to E Denny Way.
Public facts
Beds: —
Baths: —
Sq. Ft.: 15,325
Stories: 4.0
Lot Size: 5,196 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1927
Year Renovated: 1995
County: King County
APN: 684870 0095
Home facts updated by county records on Sep 4, 2026
Other
Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold
Listing Date Information
On Market Date: Thursday, September 4, 2025
Green Information
Power Production Type: Electric
Home Information
Calculated Square Footage: 15325
Building Area Total: 15325
Building Area Units: Square Feet
Structure Type: Multi Family
Stories Total: 5
Around this home
Schools
Lowell Elementary School
Public PreK-5 • Assigned • 0.5mi
3/10
Edmonds S. Meany Middle School
Public 6-8 • Assigned • 0.9mi
5/10
Garfield High School
Public 9-12 • Assigned • 1.4mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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