Movoto Real Estate
Sold on 07/17/2025
  • Exterior
  • Living
  • Other
  • Kitchen
  • Bedroom
  • Bath
  • Entry Way
  • Dining
  • View/Area

711 Summit Ave E, Seattle, WA 98102

  • $1,060,000

    Last sold 07/17/2025 after 71 Days

  • bed

  • bath

  • 3,205

    Sqft ($331/Sqft)

House not for sale
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About 711 Summit Ave E

Property type House
Neighborhood
Year built 1905
HOA fee $0/month
Lot size 3,120 Sqft
Movoto estimate
Property description
Prime opportunity in Seattle's Capitol Hill! Discover this historic gem currently operating as a triplex with LR3 Zoning. Each spacious unit is approximately 1,050 sqft, featuring 2 bedrooms & 1 bath. Unit A: Main level, Unit B: Top floor, Unit C: Lower level. Owned by the same investor for over 20 years, this property has seen consistent updates, including new plumbing in the lower unit in 2023 and a lined sewer line in 2022. The shared laundry area includes a coin-operated washer / dryer set. With steady tenants and a fantastic location, this property offers significant upside potential to maximize your investment. Or, turn back into a single family home! Don't miss out on this incredible opportunity!
Listed by
Listing Agent - Christina Jarvis
Listing Office - Windermere Real Estate/PSR Inc
Source: NWMLS mls logo
MLS#2369947 • last updated 11 months ago
Movoto checked NWMLS for data 16 minutes ago
Overview
Cooling/AC None
Heating Baseboard
Levels/Style Triplex
MLS # 2369947
SubType Multi Family
Type Residential Income
SqFt 3205
Status Sold
Lot Size (SqFt) 3120
Lot Size (Acres) 0.0716
Property Tax 11964
Buying Office RE/MAX Northwest
Year Built 1905
Buying Office Phone 206-522-5500
Interior
Exterior
Foundation Poured Concrete
Roof Composition
Construction Wood
Exterior Features Wood
Amenities / Utilities
Sewer/ Septic Sewer Connected, City Of Seattle
Water Public
Water Company City Of Seattle
Power Company Seattle City Light
Power Production: Type Electric
HOA Amenities Coin Op Laundry
Location
County King
Subdivision Capitol Hill
Area 390 - Central Seattle
Elementary School Lowell
Middle School Meany Mid
High School District Seattle
High School Garfield High
APN 2163900305
Zoning Multi-Family
Directions GPS Friendly.
Multifamily Details
Net Operating Income 53729
Capitalization Rate 4.9
Expense: Insurance 2100
Expense: Electricity 332
Gross Scheduled Income 72660
Expense: Fuel 380
Gross Adjusted Income 72660
Total Expenses 18931
Gross Rent Multiplier 15.14
Nwm_Totalmonthlyincome 6055
Lot/ Land Details
Site Features Cable TV
$1.13M
Range: $872K-$1.39M
Last 30 days 
Rental est.: $793/month
Gross rent multiplier: 115.5
Powered By Movoto
  • May 2025
    mls logo MLS # 2369947
  • May 18, 2025 Pending
  • May 7, 2025 Listed
    $1,100,000 (-14.7%)
  • Jul 2024
    mls logo MLS # 2262950
  • Jul 11, 2024 Listed
    $1,290,000
  • 711 Summit Ave E
    $1.06M
  • Broadway
    $629K -35% y/y
  • 98102
    $890K -16% y/y
  • Seattle
    $699K -11% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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