5703 18th Avenue Northeast
Seattle, WA 98105
$2,100,000
Price
12
Beds
9
Baths
4,331 Sq. Ft.
$485 / Sq. Ft.
4,331
Sq. Ft.
$485
per Sq. Ft.
Listing provided courtesy of Westlake Associates, Inc., Capstone Commercial
Description
This beautifully maintained 8-unit classic apartment building, with 1 nonconforming unit, seamlessly blends timeless old-world charm with tasteful modern updates, making it an attractive choice for both tenants and investors alike. The building greets you with a stately lobby, highlighted by elegant box beam ceilings. This inviting space reflects the care and attention to detail evident throughout the building. Each unit has been thoughtfully updated with newer cabinets and sleek quartz countertops,...This beautifully maintained 8-unit classic apartment building, with 1 nonconforming unit, seamlessly blends timeless old-world charm with tasteful modern updates, making it an attractive choice for both tenants and investors alike. The building greets you with a stately lobby, highlighted by elegant box beam ceilings. This inviting space reflects the care and attention to detail evident throughout the building. Each unit has been thoughtfully updated with newer cabinets and sleek quartz countertops, offering a contemporary aesthetic that complements the building’s classic architecture. The units also benefit from an abundance of natural light maximizing functionality and comfort for residents while ensuring strong tenant appeal.
- Listed by Travis Kannier • Westlake Associates, Inc.
- Listed by Ian Brown • Capstone Commercial
Property Details for 5703 18th Avenue Northeast
Community Name
Ravenna
School DistrictSeattle
Number of Assigned Spaces3
Total Covered Parking0
Entry Date01-13-2025
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 01/13/2025 04:58 PM
Property Details for 5703 18th Avenue Northeast
| Status | Active |
|---|---|
| MLS # | 2322351 |
| Days on Market | 54 |
| Cumulative Days on Market | 54 |
| Taxes | $18,144 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1910 |
| Lot Size | 0.11 AC / 4,646 SF |
| County | King County |
Building Information for 5703 18th Avenue Northeast
Stories3Residences9Year Built1910Building Size-Lot Size0.11 AC / 4,646 SF
Property Information for 5703 18th Avenue Northeast
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Area: 710 - North Seattle
- Directions: Heading on I-5 N from Downtown Seattle, take exit 170 and turn right onto NE Ravenna Blvd. Turn left on 18th Ave NE. Site is on the left.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 3.0
- 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: Hardwood, Laminate, Vinyl
- Features: Hardwood, Laminate Tile
- Amenities: Coin Op Laundry
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Hot Water Recirc Pump
Exterior Features
- Exterior: Wood Products
- Roof: Composition
Property
Utilities
- Water/Sewer/Garbage: 12357
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: King County Assessor
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 13
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: King County Assessor
- Parcel Number Free Text: 8615800620
- Calculated Square Footage: 4331
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4331.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 3
- Number of Stories in Building: 3
- Vacancy Rate: 5
- Number Of Units Total: 9
- Units Below Grade: false
- Units In Building Total: 9
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 59891
- Gross Adjusted Income: 172995
- Gross Rent Multiplier: 11.53
- Gross Scheduled Income: $182,100
- Insurance Expense: $3,829
- Net Operating Income: $113,104
- Other Expenses: $25,561
- Total Monthly Income: 15175
- Fuel Expense: $0
Unit 1
- Name Unit 1: 7
- Rent Unit 1: $2,195.00
- Bedrooms Unit 1: 3
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 6
- Rent Unit 2: $1,895.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 5
- Rent Unit 3: $1,095.00
- Bedrooms Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Rent Unit 4: $1,095.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 3
- Rent Unit 5: $1,395.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 2
- Rent Unit 6: $2,350.00
- Bedrooms Unit 6: 2
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 1
- Rent Unit 7: $1,750.00
- Bedrooms Unit 7: 2
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: B
- Rent Unit 8: $1,095.00
- Bedrooms Unit 8: 0
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: A
- Rent Unit 9: $1,595.00
- Bedrooms Unit 9: 1
- Bathrooms Unit 9: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4331.0
- Leasable Area Units: Square Feet
Property History for 5703 18th Avenue Northeast
| 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 5703 18th Avenue Northeast
Taxable ValueLand$464,600Additions$1,749,400Total$2,214,000
Tax Record2024$18,145 ($1,512 / month)
Home Facts
Total Finished SqFt4,328 SqFtAbove Ground SqFt4,328 SqFtStories3Lot Size4,646 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910Year Renovated1993ZoningNR3CountyKINGAPN861580-0620
Schools near 5703 18th Avenue Northeast
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 - | K to 5 |
Rating | School | Distance |
|---|---|---|
Bryant Elementary School PublicK to 5 | ||
Eckstein Middle School Public6 to 8 | ||
Roosevelt High School Public9 to 12 | ||
McDonald International School PublicK to 5 |
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 Westlake Associates, Inc.; Capstone Commercial
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.
