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$1,699,000

Reduced $81,000 — was $1,780,000

1718 Summit Avenue

Seattle, WA 98122

Active

Beds

Baths

Sq Ft

Lot

0.11 ac

Year built

1961

Type

Residential Income

Days listed

104

MLS #

2451055

About this home

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 6.93% 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.

Exterior features

BrickCement/ConcreteWood Products

Property details

Heating
Baseboard
Cooling
None
Lot
Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$21,079 (2025)

Estimate your monthly payment

$10,348/mo

Principal & interest
$8,591
Property taxes
$1,757
Loan amount $1,359,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98122

Approximate location. Contact us to confirm the exact address.

Listing courtesy of COMPASS— Erich Bubbel.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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