Address
5242 11 Avenue Ne, Seattle, WA
Price
$ 980,000
Property Attributes
- ID#2525586
- TypeSingle Family
- CountyKING
- CitySeattle
- AreaNorth Seattle
- NeighborhoodUniversity District
- Zip98105
- Style2 Story
- Year Built1908
- Taxes$ 9725
- Price$ 980,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1570
- Lot Size0.0689 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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.
| Price History | |
|---|---|
| 5/18/2026 | Listed $980,000 |
General Features
| Living Area | 1570 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air |
| Cooling | None |
| Possession | Closing,Subject To Tenant Rights |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer |
| Year Built | 1908 |
| Topography | Level,Partial Slope,Terraces |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Building Name | Pettit's University Addition |
| County | King |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | University District |
| Facing Direction | West |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From NE 50th St. turn north onto 11th Ave NE. |
| 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 | 3000 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,FHA |
| Land Lease Y/N | No |
| Tax Annual Amount | 9725.6 |
| Public Remarks | 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 perfect |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | City of Seattle |
| Total Actual Rent | 4750 |
| Property Style | 12 - 2 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Water Heater |
|---|---|
| Basement | Unfinished |
| Flooring | Engineered Hardwood |
| Fireplace Features | Gas |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| 3/4 Baths | 1 |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 3 |
| Total Baths | 2 |
| Bedrooms Possible | 5 |
| Water Heater Type | Gas |
| Water Heater Location | Basement |
| Power Production Type | Natural Gas |
| Baths Three Quarter Main | 1 |
| Bedrooms Upper | 2 |
| Baths Full Upper | 1 |
| Bathrooms | 1.75 |
Exterior Features
| Exterior Amenities | Wood Products |
|---|---|
| Parking Features | Off Street |
| Water Source | Public |
| Total Parking | 1 |
| Inclusions | Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 1880 |
| Lot Dimensions | 30' X 100' |
| Lot Size Acres | 0.0689 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Parking Uncovered Total | 1 |
| Lot Number | 34 |
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
