1718 Summit Ave Seattle, WA 98122
Capitol Hill NeighborhoodEstimated payment $11,015/month
Highlights
- No HOA
- Baseboard Heating
- 5-minute walk to Summit Slope Park
- Garfield High School Rated A
- Wood Siding
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.
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
Parking
- Open Parking
Home Design
- Brick Exterior Construction
- Poured Concrete
- Wood Siding
- Wood Composite
Interior Spaces
- 4,785 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $20,810 | $2,001,000 | $2,000,000 | $1,000 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | For Sale | $1,699,000 | 0.0% | $355 / Sq Ft |
| 06/03/2026 06/03/26 | Off Market | -- | -- | -- |
| 05/19/2026 05/19/26 | Pending | -- | -- | -- |
| 04/27/2026 04/27/26 | Price Changed | $1,699,000 | 0.0% | $355 / Sq Ft |
| 04/03/2026 04/03/26 | For Rent | -- | -- | -- |
| 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 | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,598,900 | None Listed On Document | |
| Warranty Deed | $1,290,000 | First American | |
| Warranty Deed | $890,000 | Ticor National | |
| Warranty Deed | $875,000 | Chicago Title | |
| Warranty Deed | $523,900 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,200,000 | New Conventional | |
| Previous Owner | $625,000 | Commercial | |
| Previous Owner | $581,101 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2451055
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