Property Details
5026 20th Avenue NE
Seattle, WA 98105
$1,450,000
Active
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Property Overview
5026 20th Ave NE (University Manor) is a high-performing triplex in the heart of the U-District, very short walk to UW and U-Village! The property includes: 8-bed/3-bath 3,000 SF main unit $7,300/mo 1-bed/1-bath 525 SF unit $1,350/mo Studio 525 SF unit $1,150/mo Strong, stable cash flow with a long history of student demand and low vacancy. Main house features Private rooms, 2 kitchens, common laundry, off-street parking, and large storage. Many renovations/upgrades done over the years to keep this property running smooth.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
University District
Listed
Dec 2, 2025
Financial Summary
Cap Rate
6.39%
Net Operating Income
$92,723
Gross Scheduled Income
$117,600
Gross Rent Multiplier
8.11
Total Expenses
$21,349
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
4,050
Leasable Area
4,050 sqft
Total Units
3
Lot Size
3,751 sqft
Year Built
1920
Exterior & Lot
Lot Size
0.09 sqft
Year Built
1920
Exterior Materials
Cement Plank, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs
Exterior Features
Cement Planked, Wood
Location
City
Seattle
County
King
Coordinates
47.66576, -122.30623
Additional Information
Tax Year
2025
Annual Taxes
$11,688
Possession
Array
Based on information submitted to the MLS GRID as of May 4, 2026 6:45 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.
