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$1,780,000

  • For Sale
  • Active
  • Multi-Family

Listed by Erich Bubbel | Compass | (425) 637-7777 and Corey Crain | Keller Williams Realty Bothell | (425) 482-6100

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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.

Full Property Details for 1718 Summit Ave

General

  • Price: $1,780,000
  • Taxes: $21,079 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2451055
  • Updated: 10/30/2025
  • Added to Site: 78 day(s) ago

Parking

  • Uncovered Spaces: 5

Location

  • Area: 390 - Central Seattle
  • County: King
  • Subdivision: Capitol Hill
  • Driving Directions: GPS

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Brick, Cement/Concrete, Wood Products
  • Foundation: Poured Concrete
  • Roof: See Remarks
  • Stories in Building: 3
  • Square Feet: 4,785
  • Year Built: 1961
  • Property Condition: Good

Unit Information

  • Units in Building: 11

Lot Features

  • Lot Size (Acres): 0.1148
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size Source: Public
  • Lot Features: Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $21,079
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 8804900720

Listed by Erich Bubbel | Compass | (425) 637-7777 and Corey Crain | Keller Williams Realty Bothell | (425) 482-6100

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1718 Summit Ave

School District:Seattle School District
NameGradesDistance
Lowell Elementary School, Seattle, WA
1058 East Mercer Street, Seattle, WA 98102
PK-50.6 mi
Edmonds S. Meany Middle School
301 21st Avenue East, Seattle, WA 98112
6-81 mi
Garfield High School
400 23rd Avenue, Seattle, WA 98122
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1718 Summit Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2025
Listed
$1,780,000
11.33%
MLS
12/27/2024
Sold
$1,598,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1718 Summit Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,866
—
$2,191,000
-12%
2024
$24,866
18%
$2,495,000
—
2022
$21,065
-10%
$2,495,000
1%
2021
$23,386
—
$2,467,000
1%
2021
$23,386
8%
$2,435,000
7%
2020
$21,735
23%
$2,283,000
11%
2019
$17,657
-11%
$2,057,000
2%
2018
$19,824
14%
$2,013,000
10%
2017
$17,403
28%
$1,825,000
32%
2016
$13,552
8%
$1,378,000
5%
2015
$12,544
3%
$1,317,000
15%
2014
$12,131
—
$1,150,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Erich Bubbel | Compass | (425) 637-7777 and Corey Crain | Keller Williams Realty Bothell | (425) 482-6100

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1718 Summit Avenue, Seattle, WA 98122 (MLS# 2451055) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1718 Summit Avenue is currently listed for $1,780,000 and was received on October 30, 2025. Want to learn more about 1718 Summit Avenue? Do you have questions about finding other Multi-Family real estate for sale in Broadway? You can browse all Broadway real estate or contact a Coldwell Banker agent to request more information.

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