LISTING DETAILS

1111 18th Avenue

1111 18th Ave Seattle WA 98122

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

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income144,903
Vacancy Factor %5.00%
Operating Expenses54,939
Net Operating Income82,718
CAP Rate4.74 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate4.740
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
# of Units8
Total Building SF5,468 SF
Net Rentable Area5,468 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF7,187 SF
Acres0.17
Year Built1900
Property Type
Property TypeMulti-Family
Location
CountyKing
Market AreaCapitol Hill/First Hill
Tax ID #7234600910
ZoningLR3 (M)
Parking Information
#Covered Spaces0
# Uncovered Spaces0
Total Parking Spots0

Laurel Gate Heritage Seattle Apartments

Showing Instructions

SEE_NOTES

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.

1111 18th Avenue
1111 18th Ave Seattle WA 98122

Listing #: 685236 | Status: Available | Listing Date: 8/8/2024 | Last Modified: 11/25/2025 | Email Listing

For Sale

1111 18th Avenue