5242 11 Avenue NE, Seattle, WA 98105

$980,000
5
BD
2
BA
1,570
SqFt

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Listing courtesy of eLink Realty.

List Price
$980,000
Status
ACTIVE
MLS#
2525586
Days on Market
119
Bedrooms
5
Finished SqFt
1,570
Lot Size (sq ft)
3,000

Property Description

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.

Additional Information

Community
University District
Style
12 - 2 Story
Basement
Unfinished
Year Built
1908
Roof
Composition
Tax Year
2026
School District
Seattle
Potential Terms
Cash, Conventional, FHA
Appliance
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer

Mortgage Calculator

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Calculator source: Real Geeks

Based on information submitted to the MLS GRID as of . 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.