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Listing Firm: Paragon Real Estate Advisors: Cathy Jeney

Bought With: Paragon Real Estate Advisors : Jacob Odegard

SOLD On June 10, 2022
NWMLS # 1938451

$3,147,000

  • Sold Price
  • - Beds
  • - Baths
  • 8540 Sq.ft.

315 Summit Avenue E, Seattle, WA 98102

Listings with the three tree icon are courtesy of NWMLS

About This Property

Built in 1930, Summit Crest offers classic brick construction including old-world charm, gleaming hardwood floors and 8 garage spaces. The unit mix of 5 studio units and 9 one-bedroom units meets the desired unit type for the for the typical Capitol Hill population. In recent years six units have been renovated, achieving market rents. Summit Crest offers an investor the likely potential for income upside by increasing rents to market levels or renovating the remaining units to today’s standards for even higher returns. This investment is a great opportunity for a prospective buyer to own a classic brick building in an A+ location.

Buyer's Agent: Jacob Odegard • Paragon Real Estate Advisors

Listed by: Cathy Jeney • Paragon Real Estate Advisors

Aris360 Last Checked: Just Now (Aug 04, 2025 02:54 AM)

  • Source: NWMLS as Distributed by MLS Grid #1938451

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Summit
  • Zip/Postal Code: 98102
  • City: Seattle

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Property Features

  • County
    • Capitol Hill
  • Community
    • 390 - Central Seattle
  • MLS Area
    • 390 - Central Seattle
  • Longitude
    • -122.325667
  • Latitude
    • 47.621327
  • Directions
    • From I5 take the exit for Boylston Ave E. Merge onto Boylston Ave E. Slight Left on Lakeview Blvd E. Left on Belmont Ave E. Right on Summit. Property is on the right.

  • Interior
    • Radiator
    • Hardwood
    • Wall to Wall Carpet
  • Floors
    • Hardwood
    • Stone
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 3
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 8
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Exterior
    • Brick
  • Roof
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 7200
  • Utilities
    • Sewer Connected,
    • Electric,

  • High School District
    • Seattle

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $35464
  • Year Built
    • 1930
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Mon Aug 04 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Aug 04, 2025 02:54 AM