$925,000
Reduced $350,000 — was $1,275,000
5016 7th Ave Ne
Seattle, WA 98105
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
Exterior features
Appliances
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
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.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.