Listed by Erich Bubbel, COMPASS
- 4,785
- Square feet
- $355
- Per sq ft
- Multi Family
- Type
- 1961
- Year built
- 5,000 sq ft
- Lot
- 286
- 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 6.93% 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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2451055
- Listed
- October 30, 2025
- Days on market
- 286
- 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
Listed
$1,780,000
October 30, 2025
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.
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Based on information submitted to the MLS GRID as of August 28, 2026 at 5:45 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.