Property Details
5242 11 Avenue NE
Seattle, WA 98105
$980,000
Active
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About This Home
Turnkey Investment Opportunity in the University District! Incredible cash-flow asset featuring an active, hassle-free lease generating $4,750/month through August 2027. This prime property is perfectly situated just blocks from the University of Washington campus, light rail station, parks, and vibrant local dining. The home offers a highly functional layout designed for seamless rental operations, solid historically low vacancy rates, and consistent demand. Boasting an LR2 (M) zoning designation, this lot also holds exceptional long-term underlying land value and future development potential. Sit back and collect strong, predictable rental income from day one in one of Seattle's most resilient rental markets. Buyer to verify all development and zoning capacity to own satisfaction.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
University District
Listed
May 18, 2026
Interior Features
Bedrooms
5
Bathrooms
1.8
Living Area
1,570 sq ft
Basement
Unfinished
Entry Level
Main
Interior Features
Water Heater
Exterior & Lot
Lot Size
0.07 sqft
Year Built
1908
Exterior Materials
Wood
Parking
Off Street
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Wood Products
Location
City
Seattle
County
King
Coordinates
47.66769, -122.31598
Schools
School District
Seattle
Additional Information
Tax Year
2026
Annual Taxes
$9,726
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Total Interest Paid
$0
Total Cost of Loan
$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 May 20, 2026 10:22 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.
