1111 18th Avenue Seattle, WA 98122
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere Real Estate Co. / Edward Krigsman

  1111 18th Avenue Seattle, WA 98122

Active (91 Days)
$1,998,000

Description

Investor alert! LR3-zoned 7,200 SF lot in Capitol Hill with alley access & flat topography—ideal for townhomes or multifamily redevelopment. Meanwhile, collect income from the fully leased 9-unit Laurel Gate Apartments, a 5,200 SF Colonial Revival reimagined into 8 charming apartments plus landlord’s unit. Meticulous upgrades include seismic retrofit, new plumbing/wiring, gas heat, and Thermopane windows. 7 parking stalls, shared laundry, secure mail, and strong tenant retention. Walk score 94. One mile to light rail. A rare land bank with income.

MLS #:
2422561
Taxes
$19,756(2025)
Lot Size
7,200 SQFT
Type
Land
Building Name
Laurel Gate—8
Style
Multi-Family
Views
Mountain(s), Territorial
School District
Seattle
County
King County
Community
Capitol Hill

Listed By

Edward Krigsman, Windermere Real Estate Co.
Source
Northwest MLS as distributed by MLS Grid
Last checked Aug 21 2025 at 9:57 AM GMT+0000
Bathroom Details
Subdivision
  • Capitol Hill
Lot Information
  • Alley
  • Curbs
  • Paved
  • Sidewalk
Property Features
  • Fireplace: 0
Utility Information
  • Utilities: Electricity Connected, Natural Gas Available, Septic Design Installed
  • Sewer: On Property
School Information
  • Elementary School: Madrona Elementary
  • Middle School: Meany Mid
  • High School: Garfield High
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5%
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 8/21/25 02:57. 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.