MLS #2422561 / Listing provided by NWMLS & Windermere Real Estate Co..
$1,998,000
1111 18th Avenue
Seattle,
WA
98122
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: No
- Cooling: No
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.1653
Schools
- High School District: Seattle
- High School: Garfield High
- Middle School: Meany Mid
- Elementary School: Madrona Elementary
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.1653
Water, Sewer, and Garbage
- Sewer: On Property
- Water Source: Available
Leslie Swindahl
Broker | REALTOR®
Send Leslie Swindahl an email