Address
5016 7th Ave Ne, Seattle, WA
Price
$ 925,000
Property Attributes
- ID#2353618
- TypeSingle Family
- CountyKING
- CitySeattle
- AreaNorth Seattle
- NeighborhoodUniversity District
- Zip98105
- Style2 Stories w/Bsmnt
- Year Built1927
- Taxes$ 8839
- Price$ 925,000
- Bedrooms7
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3000
- Lot Size0.0983 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Green Lake Elementary School | Hamilton Mid | Lincoln High |
| Price History | |
|---|---|
| 4/10/2025 | Listed $1,275,000 |
| 6/2/2025 | 2$1,250,000 |
| 7/31/2025 | 4$1,200,000 |
| 2/3/2026 | 9$1,100,000 |
| 5/28/2026 | 5$1,050,000 |
| 6/15/2026 | 8$975,000 |
| 7/14/2026 | 6$925,000 |
General Features
| Living Area | 3000 |
|---|---|
| Sewer | Available |
| Heating | Forced Air |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer |
| Security Features | Partially Fenced |
| Year Built | 1927 |
| Topography | Partial Slope |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | King |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | University District |
| Garage Y/N | Yes |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | from I-5 south take exit 169 toward NE 50th St,Merge onto 5th Ave NE,Turn left onto NE 50th St,Turn left at the 1st cross street onto 7th Ave NE. 5016 is on your right. |
| High School | Lincoln High |
| City | Seattle |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Seattle |
| MLS Area | 710 - North Seattle |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4280 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Elementary School | Green Lake |
| Land Lease Y/N | No |
| Tax Annual Amount | 8839.09 |
| Middle/Junior High School | Hamilton Mid |
| Public Remarks | 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 |
| Virtual Tour | https://real-estate.aryeo.com/videos/0196068f-c2a9-700b-926e-b5078724ff06 |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Seattle Public Utilities |
| Total Actual Rent | 6500 |
| Property Style | 18 - 2 Stories w/Bsmnt |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Dining Room,Fireplace,Walk-In Closet(s) |
|---|---|
| Basement | Daylight |
| Flooring | Ceramic Tile,Hardwood,Carpet |
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| 3/4 Baths | 1 |
| Total Bedrooms | 7 |
| Main Level Bedrooms | 2 |
| Total Baths | 2 |
| Bedrooms Possible | 7 |
| Water Heater Location | Lower level utility room |
| Fireplaces Main | 1 |
| Power Production Type | Natural Gas |
| Baths Three Quarter Lower | 1 |
| Bedrooms Lower | 3 |
| Bedrooms Upper | 2 |
| Baths Full Main | 1 |
| Bathrooms | 1.75 |
Exterior Features
| Exterior Amenities | Cement Planked |
|---|---|
| Parking Features | Detached Garage,Off Street |
| Lot Features | Alley,Sidewalk |
| Water Source | Public |
| Inclusions | Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Block |
| Building Area Total | 3000 |
| Lot Size Acres | 0.0983 |
| Waterfront Y/N | No |
| Covered Spaces | 1 |
| Irrigation Water Rights Y/N | No |
| Site Features | Deck,Fenced-Partially,Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98105
Price
Taxes
Year Built
Visits
In The Neighborhood
Seattle
$ 1,150,000
- Type
- Single Family | Active
- Size
- 2,930 SqFt
- Rooms
- 7 Beds + 3 Baths
Listed by: Windermere Real Estate Co.
Seattle
$ 625,000
- Type
- Single Family | Active
- Size
- 1,290 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Windermere Real Estate/East
Seattle
$ 725,000
- Type
- Single Family | Active
- Size
- 1,500 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: COMPASS
Seattle
$ 1,125,000
- Type
- Single Family | Active
- Size
- 2,300 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: KW Lake Washington So
Seattle
$ 729,500
- Type
- Single Family | Active
- Size
- 700 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: Bentley Properties
Seattle
$ 2,300,000
- Type
- Single Family | Active
- Size
- 4,150 SqFt
- Rooms
- 7 Beds + 5 Baths
Listed by: KW Lake Washington So
Seattle
$ 599,950
- Type
- Single Family | Active
- Size
- 1,128 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Listed by: Skyline Properties, Inc.
Seattle
$ 1,399,000
- Type
- Single Family | Active
- Size
- 3,500 SqFt
- Rooms
- 6 Beds + 5 Baths
Listed by: Windermere Real Estate Central
