$980,000
 $5,261 est/mo Sourced by Back At You

5242 11 Avenue,Seattle, WA 98105

Seattle, WA 98105

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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.

Details

MLS #2525586
Listing TypeFor Sale
StyleHouse
Building NamePettit's University Addition
Sub-TypeResale
StatusActive
Year1908
Days On Site112
Listing Provided ByeLink Realty | Gang Yang

Features

Bed(s)5
Bath(s) 2 Total
SQ Feet1,570
BasementY
Story(s)2
ZoningLR2
Acreage0.07

Taxes

Property9725

Area Information

StateWA
CountyKing
CitySeattle
Zip Code98105
Area710 North Seattle
Community NameUniversity District
Listing VS Median (in University District)
Price:
$980,000
low | high
Med:
$799,000
68.469387755102% of Average
sqft:
1,570
low | high
Med:
1,500
54.458598726115% of Average
$ / sqft:
$624
low | high
Med:
$533
64.66462585034% of Average
On site:
112
low | high
Med:
53
100% of Average
Sourced by Back At You

Market Activity 98105

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Learn More About This Property

StateWA
CountyKing
CitySeattle
Zip Code98105
Area710 North Seattle
Community NameUniversity District
Listing VS Median (in University District)
Price:
$980,000
low | high
Med:
$799,000
68.469387755102% of Average
sqft:
1,570
low | high
Med:
1,500
54.458598726115% of Average
$ / sqft:
$624
low | high
Med:
$533
64.66462585034% of Average
On site:
112
low | high
Med:
53
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $735K - $1.225M
sqft: 1,000 - 1,500
Listing Updated: July 7, 2026 at 7:05:57 PM PDT