1111 18th Avenue Seattle, WA 98122

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1111 18th Avenue Seattle, WA 98122

Set on a flat 7,200 SF LR3(M)-zoned parcel with alley access and off-street parking, Laurel Gate sits just one mile from Downtown Seattle and 12 blocks from the Capitol Hill light rail station. This aerial view reveals the property’s commanding position at the junction of Capitol Hill, First Hill, and the Central District—three of Seattle’s most dynamic neighborhoods. An ideal setting for investors seeking stable income now and potential redevelopment in the future.

North-Facing Aerial – Walkable to Work, School, and Care This view highlights Laurel Gate’s unbeatable proximity to major employment and education hubs—just blocks from Swedish Medical Center, Seattle University, and Seattle Central College. Nestled mid-block with a generous setback and mature landscaping, the property offers tenants the ease of car-free living in one of the city’s most interconnected corridors.

Laurel Gate sits at the confluence of three iconic Seattle neighborhoods—Capitol Hill, First Hill, and the Central District—within easy reach of hospitals, higher education, parks, and transit. From this eastward vantage, the property’s position becomes clear: a quiet, tree-lined setting in the center of it all, offering tenants the rare combination of connection and calm.

A prized feature in the dense urban fabric of Capitol Hill: Laurel Gate offers seven off-street parking spaces accessed via alley—hidden from the street yet easily accessible for tenants. This level, street-to-alley lot layout is ideal for current use and future redevelopment under LR3(M) zoning. In a neighborhood where parking is scarce, this feature boosts tenant satisfaction and long-term rental value.

Nestled in the Squire Park microhood on the south slope of Capitol Hill, Laurel Gate sits amid top-tier institutions—Seattle University, Swedish Medical Center, and Seattle Central College are all nearby. This view looks west toward Downtown and the Olympic Mountains, highlighting the property’s walkable access to First Hill, the Pike/Pine Corridor, and beyond. A location rooted in legacy, poised for long-term growth.

At Laurel Gate, the front lawn isn’t just a buffer—it’s a shared amenity. Sculpted hedges, graceful pathways, and dappled shade create a peaceful green space for reading, gardening, or relaxing with neighbors. Maintained lovingly by the longtime carpenter-owner, this courtyard-style setting enhances tenant livability while distinguishing the property from denser multifamily options nearby.

Apartment 1 – Sun-Filled Original Living Room Once the heart of the original 1900 residence, Apartment 1 welcomes tenants with luminous fir floors, craftsman-era millwork, and a full wall of classic divided-light windows that frame the manicured lawn outside. Custom built-ins and a box beam ceiling complete the space—offering a rare combination of architectural character and functionality. A ground-floor, corner unit with generous natural light and timeless appeal.

This overhead view of Laurel Gate reveals a rare combination in Capitol Hill multifamily: a flat, 7,200 SF street-to-alley parcel with mature landscaping, formal walkways, and seven dedicated off-street parking spaces tucked discreetly in back. The colonial revival building—surrounded by a privacy hedge—sits within LR3(M) zoning, offering income today and the possibility of added density tomorrow. A quintessential Capitol Hill garden courtyard, rooted in Seattle history.

Apartment 1 Kitchen – Clean, Functional, Updated Apartment 1’s galley kitchen balances utility and character, with newer flooring, updated lighting, and a classic gas range—ideal for serious cooks. Original wood cabinetry and thoughtful open shelving add warmth and storage, while a window at the far end brings in natural light. A well-equipped space within one of the building’s most architecturally significant apartments.

Apartment 2 – Two-Story Living with Historic Soul One of Laurel Gate’s most spacious offerings, Apartment 2 spans two levels and features two fireplaces—including a freestanding gas unit. Original fir floors, abundant windows, and a generous living/dining area create an inviting, flexible space. A reclaimed cedar bar from a historic Lake Union houseboat adds a signature touch, blending whimsy with authenticity in this one-of-a-kind Capitol Hill apartment.

Apartment 3 – Natural Light Meets Timeless Craft Sunlight pours through corner windows in this ground-floor one-bedroom, highlighting original Douglas fir floors and a crisp white brick fireplace. The open layout connects seamlessly to a warm kitchen with a built-in bar, offering space for both quiet evenings and casual entertaining. This unit’s blend of comfort and history makes it one of Laurel Gate’s most beloved.

Apartment 3 – Cozy Kitchen with Heart and Hearth In Apartment 3, a compact kitchen tucked beside the fireplace offers charm and efficiency, featuring a wood-paneled breakfast bar, original floors, and ambient pendant lighting. The built-in shelving and historic tile hearth preserve the unit’s vintage character, while thoughtful updates add comfort and functionality. A rare fusion of warmth and quirk in a highly walkable Capitol Hill location.

Apartment 4 – Lofted Living with Personality Apartment 4 offers a whimsical, open-concept layout with a custom ship’s ladder leading to a lofted sleeping area—perfect for creatives or those craving a bit of the unexpected. Oak floors, built-in bookcases, and vintage accents create warmth and character, while ample windows bring in natural light. A true one-of-a-kind unit in a building known for them.

Apartment 5 – Quiet Comfort with Character Touches Tucked at the rear of the first floor with its own small deck, Apartment 5 pairs privacy with warmth. Exposed brick, oak floors, and colorful, personalized décor reflect the building’s creative spirit. A simple, smart layout and tranquil garden-side orientation make this one-bedroom ideal for long-term tenants seeking charm and convenience in equal measure.

Apartment 5 – Ground-Floor Gem with Garden Outlook Apartment 5 makes the most of its position with leafy views, warm morning light, and rich historic details—including a full exposed brick wall and original wood floors. Tidy yet expressive, this unit has attracted long-term residents who value both privacy and personality. A peaceful back-of-building unit with easy access to the shared laundry and private outdoor deck.

Apartment 6 – Sunlit Studio with Vintage Flair Apartment 6 makes a big impression in a small footprint. This upper-level studio is bright and airy, with eastern light streaming through dual-pane windows. The efficient layout includes a built-in bed platform (not pictured), a kitchenette with classic cabinetry, and charming vintage details like the salvaged hotel sink and exposed brick chimney. A perfect pied-à-terre or starter unit with real personality.

Apartment 7 – Timber-Framed Loft with Artistic Soul Apartment 7 pairs vaulted ceilings with exposed beams and a custom timber staircase leading to a full-length loft. A cozy gas fireplace anchors the space, while oak floors and built-in cabinetry—crafted from salvaged houseboat wood—add warmth and whimsy. This unit feels like a private artist’s cabin in the heart of the city, offering a one-of-a-kind living experience atop Laurel Gate.

Apartment 7 Bath – Fresh, Functional, and Bright Apartment 7’s full bath combines utility with warmth—featuring updated fixtures, a large vanity with storage, and hardwood floors that carry through from the main living space. A skylight above adds natural light, completing this clean and comfortable retreat within one of Laurel Gate’s most distinctive homes.

Apartment 7 Kitchen – Smart Layout with Salvaged Charm Apartment 7’s galley kitchen is anchored by a repurposed hutch salvaged from a Seattle houseboat, featuring a built-in chopping block, garbage bin, and display cabinet. Open shelving and updated appliances maximize utility beneath vaulted ceilings with timber beams. A perfect match for tenants who appreciate handcrafted detail and thoughtful design.

Perched above the living room, Apartment 7’s loft stretches over 30 feet and offers a rare sense of volume and versatility—ideal as a sleeping area, creative studio, or cozy retreat. Pitched ceilings and a large gable-end window add charm, while a solid timber railing and carpeted floors bring comfort and safety. A unique space that transforms this apartment into a true urban hideaway.

Apartment 8 occupies a prized corner on the upper level, offering a wide-open living and dining area bathed in light from multiple exposures. Rich oak floors, coved ceilings, and fresh white walls provide a timeless backdrop for a variety of furnishings and lifestyles. A rare combination of space, light, and quiet in the heart of the city.

Apartment 8 Kitchen – Efficient Design with Ample Storage Apartment 8’s galley kitchen offers generous open shelving, dual sinks, and a clean layout that connects directly to the bathroom and bedroom. Wood counters and oak floors continue the warm, natural material palette found throughout the unit. Functional, bright, and surprisingly spacious for an early-20th-century design.

Apartment 8 Bedroom – Unusually Spacious, Naturally Bright Stretch out in one of Capitol Hill’s largest apartment bedrooms. Apartment 8’s sleeping quarters span nearly 300 SF, with windows on two walls and plenty of room for a king bed, office setup, or reading retreat. A rare find in a vintage building, offering flexibility and livability more common to single-family homes.

Originally configured as an office and bath for the building’s owner, this 99 SF bonus space opens directly to the manicured front lawn. With oak floors, private entry, and ample natural light, it’s ideal as a home office, gear room, or creative studio. A rare income-optional zone within an already exceptional property.

Owner’s Bath – Reserved Bonus Not Reflected in Financials Part of the Owner’s Space, this private bath and entry alcove are not included in the pro forma financials, as they’ve been reserved for owner use. Outfitted with a tiled shower, pedestal sink, and hardwood flooring, the space offers flexibility for a future guest suite, on-site manager’s office, or potential 9th rental unit—adding quiet upside to this 8-unit offering.

Owner’s Bath – Fully Outfitted, Quietly Valuable With a curved shower enclosure, updated vanity, and fir flooring, the Owner’s Bath is fully equipped—but intentionally excluded from rent rolls and financials. Reserved by the longtime owner for private use, this separate space presents an opportunity for future conversion or continued personal use, quietly enhancing Laurel Gate’s utility and appeal.

Utilities Room - A seismic retrofit, new plumbing and wiring, new electrical panels, gas heat, Thermopane windows, added insulation for efficiency, added soundproofing, and added plywood at shear walls for strength, and partially updated sewer system, the building was upgraded at every opportunity. Over the past 30 years, the owner has worked on every inch of the complex from the crawl space to the attic. The apartments are in impeccable condition and everything is well- maintained, beaming with pride of ownership.

Laundry + Mechanical Room – Clean, Modern, and Poised for Upside This lower-level utility space reflects Laurel Gate’s exceptional care and capital investment: independent electric metering, updated water heaters, and a spotless shared laundry zone. Though currently offered free to tenants, the laundry area is ready for coin-op or app-based monetization—offering immediate revenue potential. A textbook example of historic character supported by modern infrastructure.

Landlord's Garden Shed – Discreet Utility, Tucked Beneath the Trees Nestled off the brick-paved side path, this custom-built cedar shed provides secure, dry storage for landlord tools and seasonal supplies. Its compact footprint and craftsman styling blend seamlessly with the building’s character, supporting ease of maintenance while preserving the property’s tidy, park-like grounds.

Off-Street Parking – Nearly 1:1 Ratio, Rare and Desirable With seven dedicated off-street parking spaces for eight units, Laurel Gate offers one of the highest tenant-to-parking ratios in Capitol Hill—a true rarity in Seattle multifamily. Tucked discreetly behind the building and accessed via alley, these gravel-surfaced stalls enhance tenant satisfaction and retention while adding long-term value in a parking-constrained urban market.

Main Level Floor Plan – Five Unique Residences, One Historic Framework This floor plan captures the main level of Laurel Gate, thoughtfully divided into four resident units and one owner-reserved space. Each apartment features private entries, fir flooring, and distinct architectural details—like sunrooms, bay windows, and built-ins—that speak to the building’s 1900 origins. With no shared hallways, every unit offers a house-like feel, supported by modern systems and long-term tenant appeal.

Upper Level Floor Plan – Private Entries, Open Layouts, Elevated Living Laurel Gate’s upper level hosts four individually accessed units—each uniquely configured for light, privacy, and livability. Apartments 4 and 7 feature lofted sleeping areas, while Units 6 and 8 offer spacious one-level living with generous windows and warm hardwoods. With no shared corridors and abundant natural light, this floor offers a rare blend of independence and charm—ideal for long-term tenancy.

Loft Level – Expansive Bonus Spaces with Creative Flexibility This uppermost floor reveals the lofted zones of Apartments 4 and 7—each accessible via custom interior stairs and finished with thoughtful architectural flair. These spaces function as sleeping areas, studios, or reading lounges, offering rare volume and versatility in a vintage multifamily setting. A quiet draw for tenants who value privacy, inspiration, and an elevated living experience.

Courtesy of Windermere Real Estate Co.

1111 18th Avenue

Seattle, WA 98122

$1,998,000

Land

0 Beds

0.00 Baths

0 SqFt

Active

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 Features

Community: Capitol Hill
Multi-Family
View: Mountain(s)
View: Territorial
Pool: Above Ground
2025 Taxes: $19756.00
Buyer Broker Compensation: 2.5%%
Listing #: 2422561

Lot Details

Lot Size: 0.17 acres
Lot Dimensions: 120' x 60'
Alley
Curbs
Paved
Sidewalk
Road: Paved

Utilities

Electricity: On Property
Water: Available
Gas: Available
Sewer: On Property

Schools

District: Seattle
Elem: Madrona Elementary
Middle: Meany Mid
High: Garfield High

Call or Email:

Grace Wamwere

206-395-4584

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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