Listing Provided Courtesy of Windermere Real Estate Co.Investor alert! LR3-zoned 7,200 SF lot in Capitol Hill with alley access & flat topography—ideal for townhomes or multifamily redevelopment. Meanwhile, collect income from the fully leased 9-unit Laurel Gate Apartments, a 5,200 SF Colonial Revival reimagined into 8 charming apartments plus landlord’s unit. Meticulous upgrades include seismic retrofit, new plumbing/wiring, gas heat, and Thermopane windows. 7 parking stalls, shared laundry, secure mail, and strong tenant retention. Walk score 94. One mile to light rail. A rare land bank with income.
Property Details
Price:
$1,998,000
MLS #:
NWM2422561
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Capitol Hill
Neighborhood:
390centralseattle
Listed Date:
May 22, 2025
Lot Size:
7,200 sqft / 0.17 acres (approx)
See this Listing
Schools
School District:
Seattle
Elementary School:
Madrona Elementary
Middle School:
Meany Mid
High School:
Garfield High
Interior
Exterior
Financial
Tax Year
2025
Taxes
$19,756
Map
Community
- Address1111 18th Avenue Seattle WA
- SubdivisionCapitol Hill
- CitySeattle
- CountyKing
- Zip Code98122
Subdivisions in Seattle
- Admiral
- Alaska Junction
- Alki
- Allentown
- Arbor Heights
- Arboretum
- Arroyo
- Ballard
- Beach Drive
- Beacon Hill
- Belltown
- Belvedere Terrace
- Belvidere
- Bitter Lake
- Blue Ridge
- Boulevard Park
- Briarcrest
- Brighton
- Broadmoor
- Broadview
- Broadway
- Bryant
- Bryn Mawr
- Burien
- Campbell Hill
- Capitol Hill
- Cedar Park
- Cedarhurst
- Central Area
- Columbia
- Columbia City
- Crown Hill
- Delridge
- Denny Blaine
- Denny Triangle
- Downtown
- Dunlap
- Earlington
- Eastlake
- Fairmount
- Fauntleroy
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- Greenwood
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- Haller Lake
- Hawthorne Hills
- High Point
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- Highline
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- Judkins
- Kent
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- Leschi
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- Madison Valley
- Madrona
- Magnolia
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- Maple Leaf
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- Morgan Junction
- Mt Baker
- N Beacon Hill
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- Westwood Village
- White Center
- Whittier
- Windermere
- Woodland Park
Market Summary
Property Summary
- Located in the Capitol Hill subdivision, 1111 18th Avenue Seattle WA is a Land for sale in Seattle, WA, 98122. It is listed for $1,998,000 and features 0 acres. To schedule a showing of MLS#nwm2422561 at 1111 18th Avenue in Seattle, WA, contact your Best in the West agent at 206-351-5550.
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Listing courtesy of Windermere Real Estate Co.The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Nov-05-2025 2:23:42 am. © 2025 NWMLS.
1111 18th Avenue
Seattle, WA