1111 18th Avenue
Seattle, WA 98122
$2,250,000
Price
7
Beds
9
Baths
5,468 Sq. Ft.
$411 / Sq. Ft.
5,468
Sq. Ft.
$411
per Sq. Ft.
Listing provided courtesy of Windermere Real Estate Co.
Description
Beyond the English laurel and torii gate, this 5,500 SF Federal Avenue style colonial revival found new life under the meticulous care of its carpenter-owner as Laurel Gate—8 distinctive apartments. Relish 124-yr-old fir floors, balconies, exposed brick fireplaces, fanciful attic lofts and repurposed wood details throughout. Each home reveals a bespoke layout brimming with character to bring in top rent. A seismic retrofit, new plumbing and wiring, added insulation and upgrades at every turn beam...Beyond the English laurel and torii gate, this 5,500 SF Federal Avenue style colonial revival found new life under the meticulous care of its carpenter-owner as Laurel Gate—8 distinctive apartments. Relish 124-yr-old fir floors, balconies, exposed brick fireplaces, fanciful attic lofts and repurposed wood details throughout. Each home reveals a bespoke layout brimming with character to bring in top rent. A seismic retrofit, new plumbing and wiring, added insulation and upgrades at every turn beam with pride of ownership. From the lush front lawn and communal garden shed to the secure mailbox, shared laundry and alley parking, a sense of community and stewardship retains tenants. The 7200 SF lot with LR3 zoning offers development potential.
- Listed by Edward Krigsman • Windermere Real Estate Co.
Property Details for 1111 18th Avenue
Community Name
Capitol Hill
School DistrictSeattle
ViewMountain(s), Territorial
Number of Assigned Spaces7
Total Covered Parking0
Entry Date11-08-2024
Energy SourceElectric,Natural Gas
SewerSewer Connected
LISTING UPDATED: 11/13/2024 12:08 PM
Property Details for 1111 18th Avenue
| Status | Active |
|---|---|
| MLS # | 2309590 |
| Days on Market | 9 |
| Cumulative Days on Market | 122 |
| Taxes | $21,973 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1900 |
| Lot Size | 0.17 AC / 7,200 SF |
| County | King County |
Building Information for 1111 18th Avenue
Stories2Residences8Year Built1900Building Size-Lot Size0.17 AC / 7,200 SF
Property Information for 1111 18th Avenue
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, Outbuildings, Sprinkler System
- Area: 390 - Central Seattle
- Elementary School: Madrona Elementary
- Middle Or Junior School: Meany Mid
- High School: Garfield High
- Effective Year Built Source: Public Records
- Directions: Directions: GPS to 1111 18th Ave Seattle, WA
- Leased Items: Washer/Dryer
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 7.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Ceramic Tile, Engineered Hardwood, Softwood, Hardwood, Carpet
- Features: Ceramic Tile, Fir/Softwood, Hardwood, Wall to Wall Carpet
- Amenities: Basement,Coin Op Laundry,See Remarks,Storage,Thermal Windows
- Cooling: Yes
- Cooling: Other – See Remarks
- Fireplace: No
- Heating: Yes
- Heating: Stove/Free Standing, Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Cement/Concrete, Wood
- Roof: Composition, Flat
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 9300
- Power Company: Seattle City Light
- Sewer Company: Seattle Public Utilities
- Water Company: Seattle Public Utilities
- Power Production Type: Electric, Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Post & Block, Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: King County Assessor's Office
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1994
- Photos Count: 36
Lot Information
- Lot Details: Alley, Curbs, Paved, Sidewalk, Value In Land
- Lot Size Dimensions: 120' x 60'
- Lot Size Source: KCAR
- Parcel Number Free Text: 7234600910
- Building Condition: Very Good
- Calculated Square Footage: 5468
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 5468.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 7
- Number of Stories in Building: 2
- Vacancy Rate: 5
- Number Of Units Total: 8
- Units Below Grade: false
- Units In Building Total: 8
Financing / Income and Expenses
- Electric Expense: $1,044
- Total Expenses: 57156
- Gross Adjusted Income: 144039
- Gross Rent Multiplier: 16.5
- Gross Scheduled Income: $151,620
- Insurance Expense: $5,472
- Net Operating Income: $86,883
- Other Expenses: $18,707
- Total Monthly Income: 151620
- Fuel Expense: $660
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 679
- Rent Unit 1: $1,695.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 894
- Rent Unit 2: $1,550.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 2
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: 2
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 804
- Rent Unit 3: $1,595.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 532
- Rent Unit 4: $1,490.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: false
- Square Feet Unit 5: 552
- Rent Unit 5: $1,600.00
- Bedrooms Unit 5: 1
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 6
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: false
- Square Feet Unit 6: 425
- Rent Unit 6: $1,250.00
- Bedrooms Unit 6: 0
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 7
- Washer/Dryer Unit 7: false
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: false
- Square Feet Unit 7: 650
- Rent Unit 7: $1,595.00
- Bedrooms Unit 7: 1
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 8
- Washer/Dryer Unit 8: false
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: false
- Square Feet Unit 8: 750
- Rent Unit 8: $1,790.00
- Bedrooms Unit 8: 1
- Bathrooms Unit 8: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 5392.0
- Leasable Area Units: Square Feet
Property History for 1111 18th Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1111 18th Avenue
Taxable ValueLand$1,368,000Additions$1,160,000Total$2,528,000
Tax Record2024$21,973 ($1,831 / month)
Home Facts
Total Finished SqFt4,880 SqFtAbove Ground SqFt4,880 SqFtStories2Lot Size7,200 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1994ZoningLR3 (M)CountyKINGAPN723460-0910
Schools near 1111 18th Avenue
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Madrona PublicK to 5 | ||
Edmonds S. Meany Middle School Public6 to 8 | ||
Garfield High School Public9 to 12 | ||
Seattle World School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Windermere Real Estate Co.
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
