1120 Denny Way, Seattle, WA 98109

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 5,391 reachable multifamily buildings in Seattle. Larger than 100% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 1,546,084 SF, King County Assessor
Lot size: 55,035 SF, King County Assessor
Year built: 2018, King County Assessor
Stories: 41, King County Assessor
Predominant use: Onni Twin Towers W/12 Story Podium, King County Assessor
Units: 1097, King County Assessor
Assessed value: $497,539,400, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $321.81/SF, derived from assessor records
Lot coverage: 2809%, derived from assessor records
Vintage: 2010s vintage
Zoning: SM-SLU 240/125-440, King County
County use code: Apartment(Mixed Use)
Construction (observed): steel glass, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

222 Fairview Ave N, Seattle · 0.1 mi · 260,430 SF · built 2016 · assessed $343.70/SF
2014 Fairview Ave, Seattle · 0.1 mi · 540,693 SF · built 2019 · assessed $473/SF
133 Pontius Ave N, Seattle · 0.1 mi · 24,000 SF · built 1916 · assessed $365.38/SF
221 Minor Ave N, Seattle · 0.1 mi · 290,459 SF · built 2016 · assessed $308.39/SF
2010 Terry Ave, Seattle · 0.1 mi · 577,800 SF · built 2021 · assessed $412.30/SF
970 Denny Way, Seattle · 0.1 mi · 664,970 SF · built 2017 · assessed $318.97/SF

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Sale history and market context

MakeMe Estimate: $440,196,255 (estimated market value), with a likely range of $402,077,203 to $454,286,151 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $401K per unit at the midpoint (1097 units).

Current ownership dates to 2013 (about 13 years) per recorded transfers.

2013-07-25: $33,500,000 from Seattle Times Company to Onni Denny Fairview (land) LLC (part of a 3-parcel sale; price is the whole deal), rec. 20130731000759

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $13,111,500 (2011) to $497,539,400 (2026), up 3695% over 15 years, per county tax rolls. The 2026 roll splits $497,539,400 into $60,538,500 land and $437,000,900 improvements.

Zoning: SM-SLU 240/125-440 (per King County)

Lot: 55,035 sq ft

Rated views: Olympic Mountains, Territorial, Seattle skyline

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 1,100,731 SF; Parking Structure 421,000 SF; Retail Store 30,000 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2026-01-17: Building, New, declared value $300,000, permit 7117147-CN

2026-01-14: Other, declared value $10,000, permit 7124989-RF

2025-11-05: Electrical, declared value $500,000, permit 7115394-EL

2025-07-09: Electrical, declared value $117,296, permit 7095267-EL

2025-05-08: Remodel, declared value $825,600 (Screened), permit 7040530-CN

2025-04-07: Electrical, declared value $500 (Screened), permit 7079461-EL

2025-01-06: Remodel, declared value $1,133,006 (Screened), permit 6972847-CN

2024-12-31: Electrical, declared value $549 (Screened), permit 7062952-EL

2024-12-20: Electrical, declared value $14,628 (Screened), permit 7062117-EL

2024-11-26: Remodel, declared value $250,000 (Screened), permit 7045416-CN

Source: King County permit records (newest first).