Contacts
Property Details
- Property Type Other
- Property Size 7,000 SF
- Date Updated Aug 15, 2026
We are pleased to present 1613 Summit Avenue, a desirable 14-unit multifamily offering in the heart of Seattle's Capitol Hill. Fully leasesd to a stable, long-tenured resident base and producing durable in-place income with no near-term capital needs, the property delivers predictable, day-one cash flow in a prime urban location - at a basis well below replacement cost.
Constructed in 1964 and thoughtfully renovated, the Property pairs classic mid-century character with modern livability. Its fourteen one-bedroom residences serve Capitol Hill's deep renter base at strong in-place rents that sit modestly below market, offering a new owner low-risk embedded upside as leases renew - all with RUBS recovery and a lean operating profile that leave little to fix.
Reach out to the broker for more info on lease terms and amenities
Getting around
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99/100
Walk Score ®
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99/100
Transit Score ®
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71/100
Bike Score ®
Location
- City Seattle, WA
- Neighborhood Broadway
- Zip Code 98122
- Market Seattle
Points of Interest
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Broadway & Pike-Pine
0.24 miles
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East Denny Way & Broadway
0.30 miles
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Broadway And Denny
0.30 miles
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East Denny Way & Nagle Place
0.33 miles
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Capitol Hill
0.36 miles
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Broadway East & East John Street
0.38 miles
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Broadway & Marion
0.46 miles
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5th Avenue & Pine Street
0.53 miles
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Westlake And 7th
0.56 miles
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Westlake Hub
0.56 miles
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76
0.27 miles
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EVgo
0.39 miles
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Electrify America
0.53 miles
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Greenlots
0.58 miles
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Blink
0.59 miles
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7-Eleven
0.64 miles
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Shell
0.67 miles
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ChargePoint
0.79 miles
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Arco
1.20 miles
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Volta
1.58 miles
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Harvard Garage
0.14 miles
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Diamond Parking
0.22 miles
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Impark
0.37 miles
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9th Avenue Garage
0.46 miles
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Broadway Garage
0.48 miles
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Midtown Parking Lot 69
0.49 miles
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Midtown Parking
0.50 miles
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P5
0.51 miles
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Midtown Parking Lot 61
0.51 miles
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SpringHill Suites
0.23 miles
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Homewood Suites
0.25 miles
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Hilton Garden Inn Seattle Downtown
0.28 miles
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Residence Inn Seattle Downtown/Convention Center
0.33 miles
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Worldmark Seattle - The Camlin
0.35 miles
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Silver Cloud Broadway
0.38 miles
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Inn at Virginia Mason
0.40 miles
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The Paramount Hotel
0.40 miles
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Hyatt Regency Seattle
0.40 miles
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Hyatt at Olive 8
0.41 miles
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City Market
0.10 miles
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QFC
0.26 miles
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H Mart
0.37 miles
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Whole Foods Market
0.37 miles
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Pacific Place
0.48 miles
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Metropolitan Deli + Cafe
0.53 miles
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Nordstrom
0.53 miles
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Westlake Center
0.59 miles
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Ross
0.68 miles
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Safeway
0.69 miles