Listed by COMPASS
$1,780,000

Estimated payment $11,120/month

Total Views 2,444
1 Bed
2 Baths
4,785 Sq Ft
$372 Price per Sq Ft

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.

Listing Agent

Erich Bubbel

COMPASS License #117941 Listed on: 10/30/2025

COMPASS

Co-Listing Agent

Corey Crain

Keller Williams Realty Bothell License #26492

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2451055

Northwest Multiple Listing Service (NWMLS)

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,079

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1961
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4785
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 1
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: See Remarks
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Brick, Concrete, Wood
  • Exterior Features: Brick, Cement/Concrete, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8804900720
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Additional Parcels Description: 8804900720
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public
  • ZoningJurisdiction: See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 9.8
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 15141

Tax Info

  • Year: 2025
  • Tax Annual Amount: 21079

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2451055

Northwest Multiple Listing Service (NWMLS)