Seattle Condo Authority Network • Belltown
130-unit Belltown mid-rise completed 2008. Well-located condo building in the core of Belltown with over 15 years of HOA history.
Building Profile
| Building Name | Avenue One |
| Address | Data to be verified |
| Year Built | 2008 |
| Total Units | 130 |
| Stories | Data to be verified |
| Neighborhood | Belltown, Seattle, WA |
| HOA Fees | $450–$900/mo (est.) |
| Price Range | $400K–$1.2M+ |
| Rental Policy | Data to be verified |
| Building Type | Mid-Rise |
About This Building
Avenue One is a 130-unit condominium mid-rise in Belltown, completed in 2008. The building occupies Belltown's active residential core, providing residents with immediate access to the neighborhood's restaurants, bars, and cultural venues along 1st and 2nd Avenues.
Belltown's dense urban character and proximity to Downtown Seattle and the Elliott Bay waterfront consistently make it one of the city's most popular neighborhoods for condo buyers. Avenue One's mid-rise format delivers competitive unit sizes relative to comparable high-rises at similar price points.
As a 2008 construction, Avenue One has over 15 years of HOA reserve accumulation and an established ownership community. The building predates the luxury construction wave of the 2010s and 2020s, typically offering value relative to newer Belltown towers.
Jeff Reynolds maintains sales data and HOA financials for Avenue One within the Seattle Condo Authority Network. Address and stories count should be verified; contact Jeff for current listings and buyer strategy.
Due Diligence
Key factors every buyer should evaluate before making an offer at Avenue One. Jeff Reynolds reviews these items as part of every buyer consultation for this building.
130 units is a healthy scale for HOA financial stability—large enough for robust reserve contributions, not so large that governance becomes impersonal. As a 2008 building with 15+ years of operation, the HOA financial picture is well-established. Request the current reserve study.
Avenue One was completed at the peak of Seattle’s mid-2000s condo boom, just before the post-2008 slowdown. The building absorbed the market correction and has traded normally since. Buyers benefit from a fully absorbed ownership community rather than a developer lease-up period.
130-unit mid-size buildings typically offer a diverse floor plan range from studios to two-bedrooms. Compare price-per-square-foot carefully across unit types—floor plan efficiency varies within the building, and some layouts offer significantly better livability than others at similar price points.
Avenue One clears standard Fannie Mae unit count thresholds. Verify current owner-occupancy ratios and rental cap status with the HOA—both affect conventional financing terms and rate pricing.
Buyer Fit
Avenue One attracts specific buyer profiles based on its building format, location, HOA structure, and price point. Here is who Jeff Reynolds most often works with at this building—and why.
For buyers who want predictability and established governance rather than the unknowns of new construction or a micro-building HOA, Avenue One’s profile is reassuring.
If the Belltown lifestyle—Pike Place proximity, waterfront access, dense dining options—is the primary draw, Avenue One delivers that address at mid-market pricing.
If paying a new-construction premium for similar location and amenities is hard to justify, Avenue One’s established profile and mid-market pricing represents a strong value alternative.
Market Data
Avenue One trades in line with mid-size 2008 Belltown buildings. Pricing is generally competitive with similarly-sized peers in the neighborhood. Higher floors with city or water orientation carry modest premiums over lower-floor units.
| Unit Type | Recent Sale Range | Est. $/sq ft | Notes |
|---|---|---|---|
| Studio | $380K–$490K | $460–$530 | Competitive with Belltown studio market |
| 1-Bedroom | $490K–$680K | $490–$570 | Mid-tier Belltown pricing |
| 2-Bedroom | $730K–$1.05M | $490–$560 | View floors push toward upper range |
Price ranges based on recent Avenue One sales and comparable Belltown buildings (2008 vintage, 130 units). HOA fees estimated at $450–$900/mo. Contact Jeff Reynolds for current listings, verified HOA financials, and a personalized buyer analysis.
Knowledge Base
Before buying any Seattle condo, these guides answer the questions every buyer should resolve about HOA finances, financing eligibility, and closing requirements.
What condo HOA fees cover, how they're calculated, and what to look for in a building's fee structure.
How reserve funds work, what percent-funded means, and why the reserve study matters before you buy.
How rental caps, owner-occupancy ratios, and HOA delinquency rates affect your loan eligibility.
What the resale certificate contains, why it matters, and the key red flags buyers should watch for.
Explore More
Other condos in Belltown at a similar price tier, with links to full building profiles, buyer analysis, and current market data.
See all buildings: Browse all Belltown condo buildings →
Frequently Asked Questions
Avenue One is located in Belltown, Seattle. The exact address is to be verified. Belltown's 1st and 2nd Avenue corridors form the neighborhood's commercial and residential spine, and the building is positioned within Belltown's active core. Downtown Seattle, Pike Place Market, and the Elliott Bay waterfront are all within easy walking distance.
Avenue One has 130 residences. The building was completed in 2008. Contact Jeff Reynolds for current unit mix, floor plan details, and recent comparable sales.
Avenue One was completed in 2008, placing it in Belltown's mid-2000s to late-2000s condo construction wave. The building has over 15 years of HOA history and an established ownership community.
HOA fees at Avenue One are estimated at $450–$900 per month depending on unit size. Contact Jeff Reynolds for verified current figures and reserve fund status.
Avenue One's 2008 vintage typically delivers competitive pricing compared to Belltown's newer towers. The building's mid-rise format and established HOA make it a practical choice for buyers seeking Belltown's location advantages at below-new-construction pricing. Jeff Reynolds can provide a full Belltown building comparison.
Your Belltown Condo Specialist
Jeff Reynolds is Seattle's leading specialist in urban condominiums, with deep expertise in Avenue One and every building in the Seattle Condo Authority Network. If you're buying or selling at Avenue One, Jeff has the data, the relationships, and the track record to represent you.
Jeff tracks every sale at Avenue One, maintains HOA financial data, and knows which floor plans and view orientations hold value best. This depth of building-level knowledge is what separates a specialist from a generalist.
Jeff Reynolds • Seattle Condo Authority Network • jeff.reynolds@compass.com
Current listings, recent sales, HOA financials, and buyer strategy. No obligation.