Listed by 206 Property Advisors, Bought with Berkshire Hathaway HS NW
$2,000,000
SOLD MAR 13, 2026

231 Summit Ave E Seattle, WA 98102

Capitol Hill Neighborhood
2 Beds
4 Baths
5,448 Sq Ft
4,271 Sq Ft Lot Lot

Sale Details

Date Sold: March 13, 2026

$367 Per Sq Ft

9% Below List Price

Highlights

  • City View
  • Wood Flooring
  • Baseboard Heating
  • Garfield High School Rated A
  • No HOA
  • 1-minute walk to Thomas Street Mini Park

About This Home

As of March 2026

Exceptional opportunity to own a historic retail flex space below two gorgeous rental units adjacent to South Lake Union on Capitol Hill's western slope.The versatile commercial space has a well-designed layout with private offices, conference room, two bathrooms, large private back patio, a basement kitchen, and 1920's original features such as terrazo flooring and a working walk-in bank vault. The 2nd floor features two huge 1-bedroom apartments with modern convienceces and charming period details. With walk-in closets, lots of light, tall cielings, and built-ins, units are rarely vacant and fetch top market rents for this thriving urban area. ADU pontential in the back. Property could qualify for SBA loan to an occupied business.

Last Agent to Sell the Property

James Eeckhoudt

206 Property Advisors License #24019484 Listed on: 08/14/2025

Last Buyer's Agent

Jennifer Wen

Berkshire Hathaway HS NW License #101942

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2420922

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,419

Year Built

  • Built in 1925

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 5,448 Sq Ft Home
  • 3-Story Property
  • City Views

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Schools

  • Lowell Elementary School
  • Meany Mid Middle School
  • Garfield High School

Additional Features

  • 4,271 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2925049092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,419

Year Built

Built in 1925

Lot Details

4,271 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1925
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5448
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Hardwood, Vinyl, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: City Light
  • SewerCompany: SPU
  • WaterCompany: SPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 2925049092
  • Lot Size Acres: 0.098
  • Lot Size: 4,271
  • Lot Size Sq Ft: 4271
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 11402

Tax Info

  • Year: 2025
  • Tax Annual Amount: 17419

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Lowell

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2025
Closed on
Mar 13, 2026
Sold by
Bought by
Seller's Agent
James Eeckhoudt
206 Property Advisors
Buyer's Agent
Jennifer Wen
Berkshire Hathaway HS NW
List Price
$2,195,000
Sold Price
$2,000,000
Premium/Discount to List
-$195,000
-8.88%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.71%
Original Mortgage
$715,594
Outstanding Balance
$714,193
Interest Rate
6.1%
Estimated Equity
$1,126,154

Purchase Details

Closed on
Oct 13, 2022
Sold by
Bought by

Purchase Details

Closed on
Nov 26, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 1983
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 $2,000,000 First American Title Insurance
Warranty Deed -- Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Quit Claim Deed -- Chicago Title
Quit Claim Deed -- --
Source: Public Records

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 $715,594 No Value Available
Closed $1,022,279 Credit Line Revolving
Source: Public Records

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
03/13/2026 03/13/26 Sold $2,000,000 -8.9% $367 / Sq Ft
08/27/2025 08/27/25 Pending -- -- --
08/14/2025 08/14/25 For Sale $2,195,000 -- $403 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Agents Affiliated with this Home

  • J

    Seller's Agent in 2026

    James Eeckhoudt

    206 Property Advisors

    Section Image
  • Jennifer Wen

    Buyer's Agent in 2026

    Jennifer Wen

    Berkshire Hathaway HomeServices Northwest Real Estate

    (206) 849-1007

    1 in this area

    45 Total Sales

    Jennifer Wen
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2420922

Northwest Multiple Listing Service (NWMLS)

APN: 292504-9092

Washington King County Seattle 98102 Capitol Hill

231 Summit Ave E, Seattle, WA

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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID

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