Active

Listed by: COMPASS

Price cut: $81K (4/27)

$1,699,000

1718 Summit Avenue, Seattle, WA 98122

1beds

2baths

4,785sqft

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Multi Family

Built in 1961

-- sqft lot

$1,652,800 Zestimate^®

$355/sqft

$-- HOA

What's special

City viewsGated accessLarge courtyardOff-street parking spaces

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.

242 days

190

8

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2

Heating

Baseboard, Electric

Cooling

None

Features

Has fireplace: No

Interior area

Total structure area: 4,785
Total interior livable area: 4,785 sqft

Property

Parking

Total spaces: 5
Parking features: Open
Uncovered spaces: 5

Lot

Size: 5,000 Square Feet
Features: Paved, Sidewalk

Details

Parcel number: 8804900720
Zoning description: Multi-Family,Jurisdiction: See Remarks
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 10+ Units
Property subtype: Multi Family

Materials

Brick, Cement/Concrete, Wood Products
Foundation: Poured Concrete
Roof: See Remarks

Condition

Good
Year built: 1961

Utilities & green energy

Sewer: Sewer Connected
Water: Public

Community & HOA

Community

Subdivision: Capitol Hill

Location

Region: Seattle

Financial & listing details

Price per square foot: $355/sqft
Annual tax amount: $21,079
Date on market: 11/14/2025
Cumulative days on market: 228 days
Listing terms: Conventional

Estimated market value

$1,652,800

$1.57M - $1.74M

$2,921/mo

Price history

Date	Event	Price
6/4/2026	Listed for sale	$1,699,000$355/sqft
Source: NWMLS as distributed by MLS GRID #2451055 Report a problem
5/20/2026	Pending sale	$1,699,000$355/sqft
Source: NWMLS as distributed by MLS GRID #2451055 Report a problem
4/27/2026	Price change	$1,699,000-4.6%$355/sqft
Source: NWMLS as distributed by MLS GRID #2451055 Report a problem
11/19/2025	Listing removed	$1,195
Source: Zillow Rentals Report a problem
11/12/2025	Listed for rent	$1,195
Source: Zillow Rentals Report a problem
10/30/2025	Listed for sale	$1,780,000+38%$372/sqft
Source: NWMLS as distributed by MLS GRID #2451055 Report a problem
8/21/2025	Listing removed	$1,195
Source: Zillow Rentals Report a problem
7/18/2025	Listed for rent	$1,195
Source: Zillow Rentals Report a problem
7/3/2025	Listing removed	$1,195
Source: Zillow Rentals Report a problem
6/16/2025	Listed for rent	$1,195
Source: Zillow Rentals Report a problem
5/27/2025	Listing removed	$1,195
Source: Zillow Rentals Report a problem
5/23/2025	Listed for rent	$1,195+13.8%
Source: Zillow Rentals Report a problem
4/26/2016	Listing removed	$1,050-12.1%
Source: Redside Partners LLC Report a problem
2/28/2016	Price change	$1,195-4.4%
Source: Redside Partners LLC Report a problem
2/3/2016	Listed for rent	$1,250+53.4%
Source: Redside Partners LLC Report a problem
2/13/2013	Listing removed	$815
Source: Dave Poletti & Associates Report a problem
11/21/2012	Listed for rent	$815
Source: Dave Poletti & Associates Report a problem
2/28/2012	Sold	$1,290,000+47.8%$270/sqft
Source: NWMLS as distributed by MLS GRID #285451 Report a problem
11/22/2004	Sold	$873,000$182/sqft
Source: NWMLS as distributed by MLS GRID #24112266 Report a problem

Public tax history

Tax history is unavailable.

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Monthly payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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