The Wiltona Apartments
317 18th Ave E, Seattle, WA
Property Type Multi-family
Price 1,995,000
Status Active
Property Highlights:
- Large Units: Six oversized 3 -bedroom units averaging approximately 1,374 square feet, offering rare scale and strong roommate/family rental appeal
- Value-Add Opportunity: Below-market rents and renovation potential provide a clear path to increased income through strategic interior and operational improvements
- Common Laundry: On-site shared laundry facilities provide a convenient tenant amenity while creating additional ancillary income potential
- On-Site Parking: 4 dedicated parking spaces, enhancing tenant appeal and income potential
- Classic Architecture: Timeless 1916 brick construction featuring hardwood floors, wainscoting, built-ins, elegant molding, and coved ceilings rarely found in newer assets
- “A+” Urban Neighborhood: Located in one of Seattle’s most vibrant, walkable, and amenity-rich submarkets
- Walk Score of 94 (“Walker’s Paradise”): Immediate access to grocery, dining, nightlife, retail, and everyday conveniences
- Excellent Transit & Connectivity: Convenient access to Downtown Seattle, Major employment hubs, and the University District
- Supply-Constrained Submarket: Limited new multifamily supply supports long-term rent growth and occupancy stability
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