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.

Interior features

Water Heater

Exterior features

Wood Products

Appliances

DishwasherDryerRefrigeratorStove(s)/Range(s)Washer

Property details

Heating: Forced Air
Cooling: None
Flooring: Engineered Hardwood
Parking: Off Street
Water source: Public
Sewer: Sewer Connected
Levels: Two

Costs

Price / sq ft: $624
Annual taxes: $9,726 (2026)

Estimate your monthly payment

$5,766/mo

Principal & interest: $4,955
Property taxes: $810

Down payment (20%) $196,000 Interest rate (%) Loan term (years)

Loan amount $784,000

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 eLink Realty— Gang Yang.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?

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