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$925,000

Reduced $350,000 — was $1,275,000

5016 7th Ave Ne

Seattle, WA 98105

Active

Beds

7

Baths

2

Sq Ft

3,000

Lot

0.10 ac

Year built

1927

Type

Residential

Days listed

524

MLS #

2353618

About this home

Investment-ready property with over 20 years of successful rental history. This classic craftsman is ideally located close to the University of Washington, making it a perennial favorite for long-term tenants. The fully furnished property features spacious, well-maintained rooms, large shared living areas, two hot water heaters and two refrigerators. Separate entrance and downstairs kitchenette provide a compelling opportunity for multi-unit income potential. Additional amenities include free laundry, off-street alley parking for 3 cars, a detached garage, & secure bike storage. Outdoor features include a back deck & a private, fenced yard with street & alley access. Close to Trader Joe’s, UW, & I-5. With its prime location, consistent income performance, and strong occupancy history, this property represents a dependable addition to any investment portfolio. A lease is already secured for the upcoming school year.

Interior features

Dining RoomFireplaceWalk-In Closet(s)

Exterior features

Cement Planked

Appliances

DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Green Lake

Middle

Hamilton Mid

High

Lincoln High

Property details

Heating
Forced Air
Cooling
None
Flooring
Ceramic Tile, Hardwood, Carpet
Parking
Detached Garage, Off Street
Lot
Alley, Sidewalk
Water source
Public
Sewer
Available
Levels
Two
Fireplaces
1

Costs

Price / sq ft
$308
Annual taxes
$8,839 (2025)

Estimate your monthly payment

$5,414/mo

Principal & interest
$4,677
Property taxes
$737
Loan amount $740,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98105

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere Real Estate/East— Kelby Schweitzer.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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