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317 18th Ave E
Seattle, WA 98112 Stevens

$1,995,000 USD

Apartments For Sale  •  8,244 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,244 SF
  • Lot Size 0.11 AC
  • Building Class B
  • Year Built 1916
  • Cap Rate 6.10 %
  • Zoning NR3
80 Transit Score
100 Walk Score

Highlights

Six oversized 3BD units (1,374 SF)
Below-market rents and renovation potential
On-site shared laundry facilities
Timeless 1916 classic brick charm
4 dedicated parking spaces
Timeless 1916 classic brick charm

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $127,205 USD (2026)
Cap Rate: 6.10 %

Amenities

  • Controlled Access
  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 8 min - 2.3 mi
AirportDriveWalkDistance
Seattle-Tacoma International 27 min - 16.1 mi
Seattle Paine Field International 36 min - 23.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Nick Hemming 425-327-9320 Paragon Real Estate Advisors
Nick Hemming 425-327-9320 Paragon Real Estate Advisors