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  • Exterior
  • Entry Way
  • Living
  • Kitchen
  • Bath
  • Bedroom

317 18th Ave E, Seattle, WA 98112

  • $1,995,000

  • bed

  • bath

  • 8,244

    Sqft ($242/Sqft)

House for sale 10 days
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About 317 18th Ave E

Property type House
Neighborhood
Year built 1916
HOA fee $0/month
Lot size 4,800 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Nick Hemming
Listing Office - Paragon Real Estate Advisors
Source: NWMLS mls logo
MLS#2518006 • last updated 1 week ago
Movoto checked NWMLS for data 19 minutes ago
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Overview
Cooling/AC None
Heating Radiator
Levels/Style Multi Family
MLS # 2518006
SubType Multi Family
Type Residential Income
SqFt 8244
Status Active
Lot Size (SqFt) 4800
Lot Size (Acres) 0.1102
Property Tax 19767
Year Built 1916
Interior
Exterior
Foundation Poured Concrete
Roof Flat
Construction Brick
# Parking Spaces 4
# Uncovered Spaces 4
Exterior Features Brick
Amenities / Utilities
Sewer/ Septic Sewer Connected
Power Production: Type Natural Gas
HOA Amenities Coin Op Laundry, Storage
Location
County King
Subdivision Capitol Hill
Area 390 - Central Seattle
High School District Seattle
APN 1806900140
Zoning Multi-Family
Multifamily Details
Net Operating Income 127205
Capitalization Rate 6.19
Expense: Insurance 12000
Gross Scheduled Income 227634
Expense: Other 31638
Gross Adjusted Income 216253
Total Expenses 89048
Gross Rent Multiplier 7.02
Nwm_Totalmonthlyincome 18670
Vacancy Rate 5
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Source: GreatSchools.org © 2026. All rights reserved.

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  • 317 18th Ave E

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