1718 Summit Ave, Seattle, WA
1 bd · 2 ba · 4,785 sqft Multi-Family listed at $1,780,000, built in 1961 in the Capitol Hill neighborhood.
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.
Property details
- Price
- $1,780,000
- Bedrooms
- 1
- Bathrooms
- 2
- Interior
- 4,785 sqft
- Price / sqft
- $372
- Year built
- 1961
- Lot size
- 5,001 sqft
- Type
- Multi-Family
- Days on market
- 177
- Est. property tax
- $16,554/yr · $1,380/mo · 0.93% WA avg
- Last sold
- $1,598,900 · Dec 2024
Estimated monthly payment
Can I afford this?
See what fits your income
Location
This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.
Home Intelligence
Neighborhood (zip 98122)
This neighborhood skews young (median age 31.3) and is highly educated (41% hold a bachelor's degree) and is primarily renter-occupied (27% owner-occupied). Median household income is $94,548.
- Median income
- $94,548
- Median age
- 31.3
- Owner-occupied
- 26.8%
- Bachelor's degree
- 40.7%
- Census median home value
- $938,000
Source: US Census Bureau American Community Survey 5-year estimates.
Similar homes in Seattle
$895,000
2851 NW 70th St Unit B
3 bd · 3 ba · 1,570 sqft
$675,000
76 Cedar St Unit 1109
2 bd · 2 ba · 1,084 sqft
$375,000
910 Lenora St Apt S1004
1 bd · 1 ba · 610 sqft
$190,000
12038 56th Pl S
0 bd · 0 ba
$375,000
108 5th Ave S Unit 301
2 bd · 2 ba · 927 sqft
$650,000
1231 5th Ave N Apt 204
2 bd · 2 ba · 1,359 sqft
$7,500,000
111 W Highland Dr Units 9E & 9W
3 bd · 5 ba · 5,360 sqft
$629,900
8045F Mary Ave NW
2 bd · 2 ba · 1,226 sqft
Browse 8+ nearby homes on the map
See 8 more Seattle homes on the map
Open map →