1718 Summit Ave
Seattle WA 98122

1718 Summit Avenue

1718 Summit Ave Seattle WA 98122

Listing #: 704649 | Status: Available | Last Modified: 4/27/2026 |

For Sale
Erich Bubbel
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,699,000.0
  • $/SF$ 357.7
  • $/Unit$ 1,699,000.0
  • Listing StatusAvailable
  • Days on Market187
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.93 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units11
  • # of Elevators0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF4785
  • Net Rentable Area4750
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF4792
  • Acres0.11
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaCapitol Hill/First Hill
  • Tax ID #8804900720
  • Additional Parcels
  • ZoningMR (M)
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces5
  • Total Parking Spots5
  • Parking Ratio
Construction
  • Year Built1961
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

1718 Summit Ave

Public Comments

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.

Public Building Comments

Built on Capitol Hill in 1961, this building has easy access to public transit, Seattle`s CBD, SCCC, Seattle U, & downtown med centers.

Listing Images

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