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1718 Summit Avenue Seattle, WA $ 1,780,000
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$ 1,780,000 Get more info
1718 Summit Avenue
$ 1,780,000
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1718 Summit Avenue

Seattle, WA, 98122
$ 1,780,000
Baths0.0 Sq 4,785

Monthly Estimate*

$ 11,105

Listed by COMPASS
1718 Summit Avenue, Seattle, WA 98122 - Image 1
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1718 Summit Avenue, Seattle, WA 98122 - Image 11
Studio

Multi-Family Home for sale in Seattle, WA

for $1,780,000. This 4,785 square foot home was built in 1961 on a lot size of 0.1148.

11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.18% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

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Multi-Family Active

Price

$ 1,780,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 21,079

Style

10+ Units

Lot Size

0.1148

Year Built

1961

Town/City

Seattle

County/Region

King

MLS | Web ID

2451055
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof See Remarks
HOA Fee 0
Year Built 1961
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 110007
Insurance Expense 5000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Capitol Hill
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Open Parking Spaces 5
Number Of Units Total 2
MLS Area 390 - Central Seattle
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 21079
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks 11 Units - Cap Hill: 1718 Summit Avenue a secure-access multifamily property in one of Seattles most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units top-floor residen
Leasable Area 4785
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 11
Water Sewer Garbage 13888
Property Style 56 - 10+ Units
Cap Rate 6.18
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Exterior
Exterior Amenities Brick Cement/Concrete Wood Products
Lot Features Paved Sidewalk
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 4785
Lot Size Acres 0.1148
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 5
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Interior
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2451055
Street Number 1 1718
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* Excluded Features
List By
Erich Bubbel

Listing Agent

Compass

Broker

Affordability Calculator

$12,861
Per Month
86%
14%
0%
Monthly Principal & Interest
$11,105
Monthly Property Taxes
$1,757
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/30/2025$1,780,000 Listed Price

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1718 Summit Avenue, Seattle, WA, 98122 is a Multi-Family Home for sale at $1,780,000 with 4,785 sqft and a lot size of 0.1148. 1718 Summit Avenue is a studio with 0.0 baths and was built in 1961. The property's zip code is 98122 which is in Seattle, WA

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