MLS: #NWM2482505, Listed By: Dan Swanson, Kidder Mathews, Source:NWMLS - Northwest Multiple Listing Service
416 Summit Avenue
Seattle, WA 98102
0
Bed
0
Bath
9,176Sqft
0.17Acre(Lot)
A profitable, character-rich multifamily asset in highly desirable Capitol Hill neighborhood. Built in 1928, this well-maintained wood-frame property features 11 corner units (9 1-beds and 2 2-beds) each offering abundant natural light and spacious floor plans with dining areas and mulitple large closets. Property features old-world charm and all units are fully remodeled or new. Updated Square D panels and main service also appears to have been updated. Bathroom plumbing updates have been made on turnover. Select units feature walk-in closets, dining areas, and/or updated countertops. West facing top-floor units offer views of Downtown Seattle/Space Needle. Stable cash flow, historically low vacancy rates, and 6 parking spaces. With a walk score of 96, residents are near transit, restaura
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: FlatRoofing Information
Flat -
Flooring Information
Flooring: Hardwood Construction Materials: Brick -
Heating & Cooling
Heating: Radiant Has Heating: Yes Cooling: None WaterSource: Public
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Building Information
Year Built: 1928 -
Exterior Features
Brick Construction Materials: Brick Foundation Details: Poured Concrete
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Lot Information
Lot Description: Alley, Curbs, Paved, Sidewalk Lot Square Feet: 7200 Lot Acres: 0.1653Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family
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Listing Price Information
Original List Price:$3375000
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Tax Information
Annual Tax: $30098 Tax Year: 2025 Parcel Number: 6848200460
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School Information
Elementary School: Lowell Junior High School: Meany Mid Senior High School: Garfield High -
Utility Information
Sewer: Sewer Connected Water Source: Public -
Location Information
Subdivision: Capitol Hill City: Seattle Direction: Driving east from Downtown Seattle turn east on E Olive Way then north on Summit Avenue East.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 741 Federal Avenue, Seattle, WA, 98102 | $3,250,000 | -- | -- | 7,165 | 7,165 SqFt |
Similar Multifamily To 416 Summit Avenue
Nearby For Sale
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ByOwner last updated this listing 06/15/2026 @ 06:20
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