1111 18th Ave
Seattle WA 98122

1111 18th Avenue

1111 18th Ave Seattle WA 98122

Listing #: 685236 | Status: Available | Last Modified: 11/25/2025 |

For Sale
Edward Krigsman
  • Phone:(206) 387-6789
  • Email:service@ekreg.com
  • Office Name:Windermere Real Estate Co.
  • Office Phone:(206) 448-6000
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo

SEE_NOTES

Price Information
  • Listing Price$ 1,898,000.0
  • $/SF$ 347.1
  • $/lot sf$ 264.1
  • $/Unit$ 1,898,000.0
  • Listing StatusAvailable
  • Days on Market484
  • Asset ClassMulti-Family, Land
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income144,903
  • Vacancy Factor %5.00%
  • Operating Expenses54,939
  • Net Operating Income82,718
  • CAP Rate 4.74 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Topography
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 4.74 %
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units8
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF5468
  • Net Rentable Area5468
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF7187
  • Acres0.17
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaCapitol Hill/First Hill
  • Tax ID #7234600910
  • Additional Parcels
  • ZoningLR3 (M)
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio
Construction
  • Year Built1900
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Laurel Gate Heritage Seattle Apartments

Public Comments

Beyond the English laurel and torii gate, this 5,500 SF Federal Avenue style colonial revival found new life under the meticulous care of its carpenter-owner as Laurel Gate—8 distinctive apartments. Relish 124-yr-old fir floors, balconies, exposed brick fireplaces, fanciful attic lofts and repurposed wood details throughout. Each home reveals a bespoke layout brimming with character to bring in top rent. A seismic retrofit, new plumbing and wiring, added insulation and upgrades at every turn beam with pride of ownership. From the lush front lawn and communal garden shed to the secure mailbox, shared laundry and alley parking, a sense of community and stewardship retains tenants. The 7200 SF lot with LR3 zoning offers development potential.