Property Details
5201 19th Avenue NE
Seattle, WA 98105
$1,950,000
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Property Overview
Landmark Corner Lot Cape Cod Colonial is "the best of the best". Find vintage grandeur, wide halls & 8 unique commons: classic 330 sqft Living Room, 240 sqft Formal Dining, two full kit's, two full pantries & two sunny study nooks. Always rented by UW Groups 10+ years w/ Zero Vac: $13,150/m Sept 2015 & still $13,150/m 2026, same owner 20 yrs, 10 yr GAI $1.578M. No old systems: head to toe remodel on permit 1990, insp'd & finaled, eff yr blt 1995. Then two gas furnaces (2019), new sewer to main ($34,000 2016), four gas water tanks (2016 & 2020), new roof (2015), deep & wide window wells, etc. Rare all 16 BR's are huge, some fun shapes, lower level BR's all 15' long & half above grade per primary image. All half baths & showers w/ priv doors. Big laundry rm w/ two washers & dryers & bicycle storage area. Rare 60 x 108 = 6480 sqft/ parking 5+. Cascade Sunrise Views locked in by NE 52nd, please stroll "secret stairs" to U-Village by #2008 NE 52nd. How to attract and retain the very best candidates?
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
University District
Listed
Jun 3, 2026
Structure Type
Duplex
Parcel Number
8823900180
Tax & HOA
Annual Property Tax
$22,151 (2026)
Est. Monthly Tax
$1,846/mo
Financial Summary
Cap Rate
6.70%
Net Operating Income
$132,350
Gross Scheduled Income
$157,800
Gross Rent Multiplier
12.60
Total Expenses
$25,450
Building & Use
Building Sq Ft
5,200
Leasable Area
5,080 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
6,482 sqft
Year Built
1911
Exterior & Lot
Lot Size
0.15 sqft
Year Built
1911
Exterior Materials
See Remarks
Sewer
Sewer Connected
Lot Features
Alley, Corner Lot, Curbs, Paved, Sidewalk
Exterior Features
See Remarks
Community & Access
Directions
From I-5, east on NE 50th, then north on 19th NE.
Location
City
Seattle
County
King
Coordinates
47.66649, -122.30733
Additional Information
Tax Year
2026
Annual Taxes
$22,151
Possession
Array
