- 0
- 1
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
No HOA
Street View
Listed by: Mark T. Hanses (206) 324-8900 | Windermere RE/Capitol Hill,Inc (206) 324-8900
$1,799,950
Monthly Est:$8,959
8 Beds
8 Baths
3,470sqft
154 18th Avenue, Seattle, WA 98122
$1,799,950
$8,959/moEst:
Get Pre-Approved
Condominium
Built in 1998
$-- HOA
4,400 sqft lot
$519/sq.ft
Description
This purpose-built 1998 triplex offers the cash flow of a multifamily investment without many of the maintenance concerns commonly associated with older properties. Built with modern plumbing, electrical, windows, insulation and durable fiber-cement siding, all three townhouse-style residences also feature in-unit laundry, private outdoor spaces and off-street parking. Two units offer 3 bedrooms and 2.5 baths, while the third includes 2 bedrooms and 2 baths. The desirable two-story layouts provide a more home-like feel that attracts strong market rents and encourages long-term tenancy. With more than $100,000 in annual net income and a 5.7% cap rate, this is a compelling opportunity for investors seeking immediate returns and long-term upside. Also ideal for an owner-occupant looking to offset their mortgage with rental income. The townhouse-style configuration may offer future potential for a unit-lot short subdivision or condo conversion to allow the sale of individual units—buyer to verify. Conveniently located just south of Capitol Hill with easy access to downtown, transit and neighborhood amenities.
- Houzeo last checked: 11 hours ago
- Listing updated: September 29, 2026 at 12:23 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2578982
Property Details
Status
Active
Type
Condominium
No. of Stories
2
County
City
Neighborhood
Year Built
1998
HOA Fees
-
Finished Area
3,470 sqft
Lot Size
4,400 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2578982
MLS Status
Active
Days on Market
22
Cumulative Days on Market
22
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Interior
Heating
See Remarks, Wall Furnace
Cooling
None
Sewer
Sewer Connected
Flooring
Laminate, Vinyl, Carpet
Exterior Features
Cement Planked
Construction
Year Built
Year Built: 1998
Home type
Condominium
Roof
Composition
Foundation Details
Poured Concrete
Construction Materials
Cement Plank
Utilities & Energy
Water Source
Public
Security Features
Partially Fenced
Other Features
Lot Features
Curbs, Paved, Sidewalk
Subdivision Name
Central Area
Price History
| Date | Event | Price |
|---|---|---|
09/09/2026 Source: | Listed for Sale | $1,799,950 +148.27% $519/sqft |
10/03/2013 Source: | Price Decreased | $725,000 -5.22% $209/sqft |
06/12/2007 Source: | Sold | $764,950 $220/sqft |
Nearby Homes
Find Homes by Property Features in Seattle, WA
Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
Advertising Broker: Christy Lee-Naumann (267) 341-8337 | Houzeo Brokerage LLC