1111 18th Avenue Seattle, WA $ 1,898,000
1111 18th Avenue
$ 1,898,000
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1111 18th Avenue

Seattle, WA, 98122
$ 1,898,000
Baths0.0 Sq 5,468

Monthly Estimate*

$ 11,841

Listed by Windermere Real Estate Co.
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Studio

Multi-Family Home for sale in Seattle, WA

for $1,898,000. This 5,468 square foot home was built in 1900 on a lot size of 0.1653.

Beyond the English laurel and torii gate, this 5,500 SF Federal Avenue style colonial revival found new life under the meticulous care of its carpenter-owner as Laurel Gate—8 distinctive apartments. Relish 124-yr-old fir floors, balconies, exposed brick fireplaces, fanciful attic lofts and repurposed wood details throughout. Each home reveals a bespoke layout brimming with character to bring in top rent. A seismic retrofit, new plumbing and wiring, added insulation and upgrades at every turn beam with pride of ownership. From the lush front lawn and communal garden shed to the secure mailbox, shared laundry and alley parking, a sense of community and stewardship retains tenants. The 7200 SF lot with LR3 zoning offers development potential.

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Multi-Family Active

Price

$ 1,898,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 19,756

Style

5-9 Units

Lot Size

0.1653

Year Built

1900

Town/City

Seattle

County/Region

King

MLS | Web ID

2380418

Features
General
Living Area 0
Sewer Sewer Connected
Heating Stove/Free Standing Wall Unit(s)
Cooling Other See Remarks
Possession See Remarks Subject to Tenant Rights
Roof Composition Flat
HOA Fee 0
Security Features Partially Fenced
Year Built 1900
View Mountain(s) Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Laurel Gate8
County King
Net Operating Income 89964
Insurance Expense 5472
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Capitol Hill
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Directions: GPS to 1111 18th Ave Seattle WA
High School Garfield High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Open Parking Spaces 7
Number Of Units Total 8
MLS Area 390 - Central Seattle
Lot Size Units Square Feet
Lot Size Square Feet 7200
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA
Elementary School Madrona Elementary
Tax Annual Amount 19756
Electric Expense 1044
Fuel Expense 660
Middle/Junior High School Meany Mid
Property Condition Very Good
Public Remarks Beyond the English laurel and torii gate this 5 500 SF Federal Avenue style colonial revival found new life under the meticulous care of its carpenter-owner as Laurel Gate8 distinctive apartments. Re
Leasable Area 5392
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement Coin Op Laundry See Remarks Storage Thermal Windows
Water Company Seattle Public Utilities
Units Below Grade false
Units In Building Total 8
Water Sewer Garbage 9300
Property Style 55 - 5-9 Units
Cap Rate 4.46
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Exterior
Exterior Amenities Cement/Concrete Wood
Lot Features Alley Curbs Paved Sidewalk Value In Land
Water Source Public
Total Parking 7
Foundation Details Pillar/Post/Pier Poured Concrete
Building Area Total 5468
Lot Dimensions 120' x 60'
Lot Size Acres 0.1653
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Gas Available Outbuildings Sprinkler System
Parking Uncovered Spaces 7
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Interior
Flooring Ceramic Tile Engineered Hardwood Hardwood Softwood Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2380418
Street Number 1 1111
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* Excluded Features
List By
Edward Krigsman

Listing Agent

Windermere Real Estate Co.

Broker

Affordability Calculator

$13,487
Per Month
88%
12%
0%
Monthly Principal & Interest
$11,841
Monthly Property Taxes
$1,646
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
3108186 Elementary School
1261254 Middle School
Garfield High High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$1,898,000 -5.01% Price Down
8/9/2025$1,998,000 -0.99% Price Down
5/22/2025$2,018,000 Listed Price

Map


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1111 18th Avenue, Seattle, WA, 98122 is a Multi-Family Home for sale at $1,898,000 with 5,468 sqft and a lot size of 0.1653. 1111 18th Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 98122 which is in Seattle, WA