Listing provided courtesy of Paragon Real Estate AdvisorsNWMLSas Distributed by MLSGrid- MLS# NWM2518006MLS Provider

317 18th Avenue ESeattle, WA 98112

Multi-Family · 18 Beds · 8,244 Sq. ft. | 0.11 Acres
$1,995,000 Pending

317 18th Avenue E Overview

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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.

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317 18th Avenue E Facts & Features

  • Type Multi-Family
  • Sq. ft. 8,244
  • Price/Sq.ft. $242
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle

Income/Expenses

  • Other Expense: 31638
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 227634
  • Insurance Expense: 12000
  • Net Operating Income: 127205
  • Total Expenses: 89048
  • Total Monthly Income: 18670
  • Water/Sewer/Garbage: 25643

Building Information

  • New Construction: No
  • Year Built: 1916

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 390 - Central Seattle
  • Subdivision Name: Capitol Hill

Community/Development

  • Amenities: Coin Op Laundry,Storage

Tax Information

  • Tax Annual Amount: $19,767.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 1806900140
  • Possible Use: Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 8244
  • Building Area Units: Square Feet
  • Calculated Square Footage: 8244
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 8244
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Natural Gas
  • Stories Total: 3

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 4
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1102
  • Lot Size Square Feet: 4800
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Flat
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Brick
  • Number Of Units Total: 6
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 2695
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 2695
  • Beds Total: 3
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 2695
  • Beds Total: 3
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 2695
  • Beds Total: 3
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 2695
  • Beds Total: 3
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 2695
  • Beds Total: 3
  • Baths Total: 1

317 18th Avenue E Neighborhood

Community

98112 (Seattle) Demographics

39
Median Age
5,539
Population Density (per sq. mile)
86%
College Educated
$122,388
Estimated Median Income
6,843
Estimated Total Home Owners
5,003
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

317 18th Avenue E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

317 18th Avenue E Market Data

Based on the last 30 days in this zip code

$2,431,637
Average List Price
$896
Average Price per Square Foot
23
Properties Sold
55
Average Days on Market
116
Properties for Sale
Calculations provided by Reliance Network

317 18th Avenue E History

Date Event Value Agent
6/17/2026Source: NWMLS Status Change
Pending
5/5/2026Source: NWMLS Added to Database
May 05, 2026