5242 11 Avenue NE, Seattle, WA 98105 (MLS # 2525586)

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Listing provided courtesy of Northwest MLS; eLink Realty

PRICE $980,000
BEDS 5
BATHS 1.75
HOME SIZE 1,570 sqft
LOT SIZE 3,002 sqft
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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.

LAST UPDATED 5/18/2026 TRACT University District
YEAR BUILT 1908 COMMUNITY University District
COUNTY King STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Dryer, Gas Water Heater, Refrigerator, Washer, Water Heater
AREA 710 - North Seattle
BASEMENT Unfinished, Yes
CONSTRUCTION Wood Siding
HEAT Forced Air, Natural Gas
INTERIOR Water Heater
LOT 3001 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 30' X 100'
MLS STATUS Active
PARKING Off Street
STORIES 2
STYLE 12 - 2 Story
SUBDIVISION University District
TAXES 9725.6
UTILITIES Sewer Connected
WATER Public

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/18/26 12:14 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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