1718 Summit Ave Seattle, WA 98122
Capitol Hill NeighborhoodEstimated payment $11,000/month
Highlights
- No HOA
- Baseboard Heating
- 5-minute walk to Summit Slope Park
- Garfield High School Rated A
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 6.18% 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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2451055
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,079
Year Built
- Built in 1961
Lot Details
- 5,000 Sq Ft Lot
- 8804900720
- Property is in good condition
Home Design
- Brick Exterior Construction
- Poured Concrete
- Wood Composite
Interior Spaces
- 4,785 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Parking
- 5 Parking Spaces
- Open Parking
Utilities
- Baseboard Heating
Community Details
- No Home Owners Association
- Capitol Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number 8804900720
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $21,080 | $2,191,000 | $2,000,000 | $191,000 |
| 2023 | $24,866 | $2,652,000 | $2,000,000 | $652,000 |
| 2022 | $22,545 | $2,495,000 | $1,800,000 | $695,000 |
| 2021 | $23,386 | $2,467,000 | $1,800,000 | $667,000 |
| 2020 | $21,735 | $2,435,000 | $2,000,000 | $435,000 |
| 2018 | $19,824 | $2,057,000 | $1,725,000 | $332,000 |
| 2017 | $17,403 | $2,013,000 | $1,750,000 | $263,000 |
| 2016 | $13,552 | $1,825,000 | $650,000 | $1,175,000 |
| 2015 | $12,544 | $1,378,000 | $650,000 | $728,000 |
| 2014 | -- | $1,317,000 | $650,000 | $667,000 |
| 2013 | -- | $1,150,000 | $625,000 | $525,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $1,780,000 | 0.0% | $372 / Sq Ft |
| 06/28/2025 06/28/25 | Off Market | -- | -- | -- |
| 05/30/2025 05/30/25 | For Rent | -- | -- | -- |
| 01/14/2025 01/14/25 | Off Market | -- | -- | -- |
| 01/09/2025 01/09/25 | For Rent | -- | -- | -- |
| 09/26/2024 09/26/24 | For Rent | -- | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2451055
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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