NOT LISTED FOR SALE

1806 16th Ave Seattle, WA 98122

Capitol Hill Neighborhood
4 Beds
5 Baths
2,600 Sq Ft
4,980 Sq Ft Lot

Last Sold May 15, 2024

Last sale price $1,500,000 $577 Per Sq Ft

46 Days on Market

Highlights

  • City View
  • No HOA
  • Property is near a preserve or public land
  • Stevens Elementary School Rated A-
  • Thermal Windows
  • 1-minute walk to Seven Hills Park

About This Home

As of May 2024

Capitol Hill 5 unit west facing towards Seven Hills Park across the street, features good natural light exposure & views from the top floor. Units have received updates on turnover with most units receiving laminate floors & appliances. The building received Milgard insulated window replacements in 2017. 4 Off-street parking spots. The building is steps from the charming cafes, restaurants & shops of the 15th Ave retail corridor. Current rents are well below market & 2 units will be delivered vacant allowing investors to reset rents or commence updates upon closing or convert to SFR. A desirable location that provides a high quality of living experience, 1806 16th Ave offers significant operational upside within the Seattle core.

Last Agent to Sell the Property

Daniel Lim

Lee & Associates Commercial RE License #131121 Listed on: 02/29/2024

Co-Listed By

Candice Chevaillier, CCIM

Lee & Associates Commercial RE License #18886

Last Buyer's Agent

Daniel Lim

Lee & Associates Commercial RE License #131121 Listed on: 02/29/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2205242

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,087

Year Built

  • Built in 1906

Lot Details

  • 4,980

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • City Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • 4,980 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 8080400180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,087

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1906
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2600
  • SOCComments: Buyer broker tobe present at all showing
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: See Remarks, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Adjacent to Public Land, Alley, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 5500

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8080400180
  • Lot Size Acres: 0.1143
  • Lot Size Sq Ft: 4980
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 20.7
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 6290

Multi Family

  • Gross Scheduled Income: 99570
  • Net Operating Income: 59580
  • Number Of Units Total: 5
  • Insurance Expense: 2942
  • Leasable Area: 2600
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 15087

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,500,000 +0.1% $577 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $1,498,000 -- $576 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel Lim

    Seller's Agent in 2024

    Daniel Lim

    Lee & Associates Commercial RE

    (206) 928-2311

    2 in this area

    31 Total Sales

    Daniel Lim
    Section Image
  • Candice Chevaillier, CCIM

    Seller Co-Listing Agent in 2024

    Candice Chevaillier, CCIM

    Lee & Associates Commercial RE

    (360) 614-2826

    1 in this area

    24 Total Sales

    Candice Chevaillier, CCIM
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2205242

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98122 Capitol Hill

1806 16th Ave, Seattle, WA

This home is located at 1806 16th Ave, Seattle, WA 98122 since 29 February 2024. This property was built in 1906. 1806 16th Ave is a home located in King County with nearby schools including Stevens Elementary School, Meany Middle School, and Garfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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