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5242 11 Avenue NE

Seattle, WA 98105
  • $980,000
  • STATUS: Active
  • ID#: 2525586
UPDATED: 27 min ago
$980,000
  • 5
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,880
    SQFT
  • $521
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1908
County:

School Ratings & Info

School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of eLink Realty.
Mortgage Calculator is provided by BoomTown.

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.

Monthly Payment Calculator

MLS Grid logo

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.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Leavenworth Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-07-17T19:17:52.207. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-07-17T19:17:52.207. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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www.leavenworthproperties.com/homes/176620484
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5242 11 Avenue NE Seattle, WA 98105

  • Price: $980,000
  • Status: Active
  • On Site: Days
  • Updated: 27 min ago
  • ID#: 2525586
5
Beds
2
Baths
0
½ Baths
0.07
Acres
1,880
SQFT
$521
$/SQFT
1908
Built
Neighborhood:
University District
County:
King
Area:
N.Seattle/UW/Wedgewood/V.Ridge/Lk Cty
School District:
Seattle
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.
Exterior Features

Attached Garage YN No Carport YN No Covered Spaces 0 Entry Location Main Exterior Features Wood Products Levels Two Lot Size Dimensions 30' X 100' Open Parking YN No Parking Features Off Street Parking Total 1 Roof Composition Structure Type House Style Code 12 - 2 Story Topography LevelPartial SlopeTerraces View YN No Waterfront YN No

Interior Features

Appliances DishwasherDryerRefrigeratorStove(s)/Range(s)Washer Appliances Included Dishwasher(s)Dryer(s)Refrigerator(s)Stove(s)/Range(s)Washer(s) Basement Unfinished Baths Full Garage 0 Baths Full Lower 0 Baths Full Main 0 Baths Full Upper 1 Baths Half Garage 0 Baths Half Lower 0 Baths Half Main 0 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 0 Baths Three Quarter Main 1 Baths Three Quarter Upper 0 Bedrooms Lower 0 Bedrooms Upper 2 Building Area Total 1880 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Engineered Hardwood Heating Forced Air Heating YN Yes Interior Features Water Heater Living Area 1570 Main Level Bedrooms 3 Rooms Den/Office (Main Level) Dining Room (Main Level) Entry Hall (Main Level) Family Room (Main Level) Kitchen With Eating Space (Main Level) Living Room (Main Level) Primary Bedroom (Main Level) Bathroom Full (Second Level) Bathroom Three Quarter (Main Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Main Level) Bedroom (Main Level) Square Footage Finished 1570 Square Footage Unfinished 310

Property Features

Association Fee 0 Association YN No Building Information Built On Lot Building Name Pettit's University Addition Direction Faces West Down Payment Resource YN Yes Energy Source Natural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Inclusions Dishwasher(s)Dryer(s)Refrigerator(s)Stove(s)/Range(s)Washer(s) Irrigation Water Rights YN No Land Lease YN No Listing Terms CashConventionalFHA Lot Number 34 New Construction YN No Possession ClosingSubject To Tenant Rights Power Company Seattle City Light Power Production Type Natural Gas Property Sub Type Single Family Residence Senior Community YN No Senior Exemption No Sewer Sewer Connected Sewer Company City of Seattle Special Listing Conditions None Tax Annual Amount 9725.6 Tax Year 2026 Water Company City of Seattle Water Heater Location Basement Water Heater Type Gas Water Source Public Zoning Jurisdiction City

MLS Grid logo

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.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Leavenworth Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-07-17T19:17:52.207. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-07-17T19:17:52.207. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Digital Millennium Copyright Act
 
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Berkshire Hathaway HomeServices Leavenworth Properties
305 US Highway 2
Leavenworth WA, 98826
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of eLink Realty.
Mortgage Calculator is provided by BoomTown.