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Listed by:Paragon Real Estate Advisors • Nick Hemming
$ 1,995,000
Est. payment /mo
New
317 18th AVE E Seattle, WA 98112
18 Beds
6 Baths
8,244 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,244 sqft
Price per Sqft $241
Subdivision Capitol Hill
MLS Listing ID 2518006
Style 55 - 5-9 Units
Bedrooms 18
Year Built 1916
Annual Tax Amount $19,767
Lot Size 4,800 Sqft
Property Sub-Type Multi Family
Property Description
The Wiltona Apartments consist of six oversized three-bedroom residences. Originally constructed in 1916, the property offers a level of charm and craftsmanship rarely replicated in modern construction. Combining classic architectural appeal with generously sized 1,374 square foot units, the Wiltona presents a rare opportunity for investors seeking stable long-term ownership, rental upside, and enduring demand in one of Seattle's premier multifamily markets. Building systems include radiant heat served by a gas boiler, a combination of updated and legacy electrical panels, and upgraded double-pane vinyl windows. Additional tenant amenities include four off-street parking spaces, common laundry facilities, and substantial basement storage. Located in the heart of Capitol Hill, the Wiltona benefits from one of Seattle's most vibrant and supply-constrained rental submarkets. Residents enjoy exceptional walkability with immediate access to acclaimed dining, nightlife, shopping, and neighborhood amenities, as well as convenient transit connections to Downtown Seattle, South Lake Union, the University District, and other major employment centers. Capitol Hill's continued popularity among professionals, students, and creatives supports strong occupancy and consistent rent growth. For investors, the Wiltona offers an exceptional blend of historic charm, future value-add potential, long-term appreciation, and lasting market appeal.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Flooring Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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