Property Details
5016 7th Ave Ne
Seattle, WA 98105
$975,000
Active
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About This Home
Investment-ready property with over 20 years of successful rental history. This classic craftsman is ideally located close to the University of Washington, making it a perennial favorite for long-term tenants. The fully furnished property features spacious, well-maintained rooms, large shared living areas, two hot water heaters and two refrigerators. Separate entrance and downstairs kitchenette provide a compelling opportunity for multi-unit income potential. Additional amenities include free laundry, off-street alley parking for 3 cars, a detached garage, & secure bike storage. Outdoor features include a back deck & a private, fenced yard with street & alley access. Close to Trader Joe’s, UW, & I-5. With its prime location, consistent income performance, and strong occupancy history, this property represents a dependable addition to any investment portfolio. A lease is already secured for the upcoming school year.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
University District
Listed
Apr 10, 2025
Original Price
$1,275,000
Structure Type
House
Parcel Number
2862100955
Tax & HOA
Annual Property Tax
$8,839 (2025)
Est. Monthly Tax
$737/mo
Interior Features
Bedrooms
7
Bathrooms
1.8
Living Area
3,000 sq ft
Basement
Daylight
Entry Level
Main
Interior Features
Dining Room, Fireplace, Walk-In Closet(s)
Exterior & Lot
Lot Size
0.10 sqft
Year Built
1927
Exterior Materials
Cement Plank
Parking
Detached Garage, Off Street
Sewer
Available
Water Source
Public
Lot Features
Alley, Sidewalk
Exterior Features
Cement Planked
Community & Access
Directions
from I-5 south take exit 169 toward NE 50th St, Merge onto 5th Ave NE, Turn left onto NE 50th St, Turn left at the 1st cross street onto 7th Ave NE. 5016 is on your right.
Location
City
Seattle
County
King
Coordinates
47.66545, -122.32037
Schools
School District
Seattle
Elementary School
Green Lake
Middle School
Hamilton Mid
High School
Lincoln High
Additional Information
Tax Year
2025
Annual Taxes
$8,839
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of June 15, 2026 7:30 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
