970 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 AI estimate from public imagery; may be outdated.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: 664,970 SF, King County Assessor
Lot size: 14,160 SF, King County Assessor
Year built: 2017, King County Assessor
Stories: 40, King County Assessor
Predominant use: Apartments, King County Assessor
Units: 461, King County Assessor
Assessed value: $212,104,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $318.97/SF, derived from assessor records
Lot coverage: 4696%, 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.

116 Westlake Ave N, Seattle · 0 mi · 399,935 SF · built 2007 · assessed $318.56/SF
975 John St, Seattle · 0 mi · 102,280 SF · built 2012 · assessed $423.74/SF
820 Lenora St, Seattle · 0.1 mi · 613,760 SF · built 2016 · assessed $395.43/SF
2202 8th Ave, Seattle · 0.1 mi · 632,242 SF · built 2016 · assessed $355.17/SF
910 John St, Seattle · 0.1 mi · 155,952 SF · built 2017 · assessed $254.16/SF
1120 Denny Way, Seattle · 0.1 mi · 1,546,084 SF · built 2018 · assessed $321.81/SF

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Sale history and market context

MakeMe Estimate: $190,457,626 (estimated market value), with a likely range of $173,964,836 to $196,553,834 (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 $413K per unit at the midpoint (461 units).

Current ownership dates to 2022 (about 4 years) per recorded transfers.

2022-12-13: $322,240,000 from Kiara Owner (de) LLC to Ponte Gadea Kiara LLC (part of a 2-parcel sale; price is the whole deal), rec. 20221213000800

2020-07-07: $319,446,800 from Nash-Holland 970 Denny Investors LLC to Kiara Owner (de) LLC (part of a 2-parcel sale; price is the whole deal), rec. 20200715000781

2016-03-29: $1,704,375 from King County to Nash-Holland 970 Denny Investors LLC (part of a 2-parcel sale; price is the whole deal), rec. 20160331002401

2016-03-29: $124,320 from King County to Nash-Holland 970 Denny Investors LLC (part of a 2-parcel sale; price is the whole deal), rec. 20160331002403

2015-11-17: transfer from Nash/Holland 970 Denny Investors LLC to Seattle City of (part of a 2-parcel sale; price is the whole deal), rec. 20151123001003

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 $3,097,000 (2011) to $212,104,000 (2026), up 6749% over 15 years, per county tax rolls. The 2026 roll splits $212,104,000 into $15,576,000 land and $196,528,000 improvements.

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

Lot: 14,160 sq ft

Rated views: Mt. Rainier, Olympic Mountains, Cascades, Territorial, Seattle skyline, Puget Sound

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 511,273 SF; Parking Structure 138,450 SF; Retail Store 15,247 SF (county building sections)

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

Permit history

2026-01-31: Electrical, permit 7127368-EL

2026-01-28: Electrical, permit 7126965-EL

2024-12-17: Electrical, declared value $12,000 (Screened), permit 7061412-EL

2019-03-11: Remodel, declared value $708,153 (Screened), permit 6673690-CN

2019-02-19: Remodel, declared value $980,000 (Complete), permit 6641223-CN

2016-05-24: Building, New, declared value $91,010,866 (Complete), permit 6440064

2016-01-15: Building, New, declared value $2,510,056 (Complete), permit 6477482

2016-01-15: Demolition (Complete), permit 6477486

Source: King County permit records (newest first).