Property Details
5210 11th Avenue NE #1-5
Seattle, WA 98105
$1,599,000
Pending
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Property Overview
Solid investment opportunity in Seattle’s U-District! This well-kept 5-plex offers four 3BD/1BA units and one 2BD/1BA unit, all featuring bright interiors and updated finishes. Durable fiber cement siding, double-pane windows, and upgraded flooring ensure low upkeep. Tenants enjoy a shared deck, on-site laundry, and off-alley parking. Prime central location U district location. Waking distance to UW campus, transit, and major commuter routes. Consistently desirable rental property with great income potential. There is coin op laundry room and 4 off the alley rentable parking spaces for additional income! Easily obtain 5%+cap rate.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
King
Neighborhood
University District
Listed
Oct 25, 2025
Original Price
$1,699,000
Financial Summary
Cap Rate
4.10%
Net Operating Income
$69,895
Gross Scheduled Income
$116,885
Gross Rent Multiplier
14.53
Total Expenses
$44,460
Vacancy Rate
2.0%
Building & Use
Building Sq Ft
4,086
Leasable Area
4,086 sqft
Total Units
5
Lot Size
4,901 sqft
Year Built
1985
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1985
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Curbs, Paved, Sidewalk
Exterior Features
Cement Planked
Location
City
Seattle
County
King
Coordinates
47.66682, -122.31599
Additional Information
Tax Year
2025
Annual Taxes
$13,835
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 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.
