www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32290549
32290548

317 18th Avenue East, Seattle, WA 98112

CJ
WA 18893
Paragon Real Estate Advisors
NH
WA 120684
Paragon Real Estate Advisors
Listed by Paragon Real Estate Advisors
$1,995,000
29 days on market
Updated 29 days ago

Wiltona Apartments

Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 8,244
Tenancy Multi
Pro-Forma Cap Rate 6.38%
Pro-Forma NOI $127,205
Price per SqFt $242
Lot Size (SqFt) 4,800
Parking Spaces spaces
Investment Type Value Add
Ground Lease No

Wiltona Apartments - Seattle WA

Marketing description

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.

Investment highlights

  • Six oversized 3BD units (1,374 SF)
  • Below-market rents and renovation potential
  • On-site shared laundry facilities
  • 4 dedicated parking spaces
  • Timeless 1916 classic brick charm
  • Located in Seattle’s most vibrant submarket
  • Walk Score of 94
  • Excellent transit and connectivity

Listing Contacts

CJ
WA 18893
Paragon Real Estate Advisors
NH
WA 120684
Paragon Real Estate Advisors
Listed by Paragon Real Estate Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591