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1818 Harvard Avenue, Seattle, WA, 98122

--beds
--baths
7,920sqft
$2,900,000
$366price/sqft
$17,518/moest. monthly cost
$700,720/yrincome needed

About This Home

12-unit multifamily investment opportunity located in Seattle’s Capitol Hill neighborhood directly adjacent to Seattle Central College and the Capitol Hill Link Light Rail Station. Built in 1959, Harvard Court is situated on an 8,960 SF lot and offers strong in-place income with additional rental upside potential. Property features excellent access to downtown Seattle, with a direct light rail connection to Westlake Station in approximately 4 minutes. The location provides walkable access to shopping, dining, nightlife, and major employment centers throughout Capitol Hill and downtown. Zoned MIO-105-NC3-55 (M), the site also offers future redevelopment potential with zoning allowing heights up to 105 feet across a variety of permitted uses. Rare opportunity to acquire a well-located multifamily asset in one of Seattle’s strongest urban rental markets.

Getting Around

99
WalkingWalker's Paradise
91
TransitRider's Paradise
86
BikeVery Bikeable

Schools

3/10
Lowell Elementary SchoolGrades PK-50.5 mi
5/10
8/10
Garfield High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1959

Materials

  • Roof: Flat
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1959

Type & Style

  • Home type: MultiFamily
  • Architectural style: 10+ Units
  • Property subType: Multi Family

Interior

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 7,920
  • Total interior livable area: 7,920 sqft

Property

Details

  • Parcel number: 6003001290
  • Zoning description: Jurisdiction: County
  • Special condition: Standard

Lot

  • Lot size: 8,960 sqft

Parking

  • Total spaces: 6
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,663$175,956
Home Insurance *$478$5,736
Property Taxes $1,836$22,032
Electricity $541$6,500
Total$17,518$210,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$600,617/yr
40% on housing$525,540/yr
45% on housing$467,146/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$366This listing

vs Other Active Listings

Avg $/sqft

ZIP 98122$377
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98122$557
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-03Price change$2,900,000
2026-06-11Listed for sale$3,100,000

For Sale by Agent

AgentJared English
BrokerageCongress Realty

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