Property Details

317 18th Ave E

Seattle, WA 98112

$1,995,000

Available

Photo Not Available

CBA# 712412 courtesy of CBA Listing firm: Paragon Real Estate Advisors

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Commercial

Property Type

8,244

Bldg Sq Ft

Units

5.00%

Cap Rate

1916

Year Built

Property Overview

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