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JRJeff ReynoldsCompass · Seattle

Listed by Erich Bubbel, COMPASS

4,785
Square feet
$355
Per sq ft
Multi Family
Type
1961
Year built
5,000 sq ft
Lot
241
Days on market

About this property

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.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2451055
Listed
October 30, 2025
Days on market
241
Price per sq ft
$355
Original list price
$1,780,000

Unit & building

Stories in building
3
Units in building
11

Construction

Year built
1961
Style
56 - 10+ Units
Structure
Multi Family
Roof
See Remarks

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Lot

Lot features
PavedSidewalk
Lot size
5,000 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
Seattle

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Multi Family
  • See Remarks
  • Baseboard
  • None
  • Electric
  • Paved
  • Sidewalk
  • Cash
  • Conventional
  • Public
  • Sewer Connected

Listing history

  1. Listed

    $1,780,000

    October 30, 2025

  2. Current price

    $1,699,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$9,894

Principal & interest
$8,591
Property tax (est.)
$1,303

Assumes $339,800 down (20%), a $1,359,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.