Looking for an ideal first (or next) turn key rental on a quiet street? This well-managed and maintained rental home is located near UW with easy I-5 and downtown access and it is ready for the next owner/operator. A long history of rental success means future success for you. Current rents are $7,400 with potential upside for fall ‘24. With current rents the CAP rate is 5.75% and could exceed 6% with an annual rent increase. There are 8 generous bedrooms - 3 up, 1 on the main, 4 downstairs - plus 2.5 bathrooms to easily accommodate groups. There are 3+ off-street parking spots in the back. The home sits on a 4,687 SF NR3 zoned lot so potential awaits a creative new owner. Many system & appliance updates have been done throughout the home.
Sold
Listed by: COMPASS • Adam J Hestad
Bought with: Windermere Real Estate/East
$1,290,000
5010 8th Avenue NE, Seattle, WA 98105
8beds
2,910sqft
Single Family Residence
Built in 1911
4,687 Square Feet Lot
$1,269,700 Zestimate®
$443/sqft
$5,778 Estimated rent
Home value
$1,269,700
$1.19M - $1.35M
$5,778/mo
Zestimate® history
Owner options
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$5,778/mo
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$5,778/mo
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$7,925/mo
Est. payment
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$7,925/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Adam J Hestad,
COMPASS,
Lisa Kissinger,
COMPASS
Bought with:
Steve Q. Lieu, 80612
Windermere Real Estate/East
Source: NWMLS as distributed by MLS GRID,MLS#: 2232146
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Lower
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Wall Unit(s), Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwashers_, Dryer(s), GarbageDisposal_, Refrigerators_, StovesRanges_, Washer(s), Dishwasher(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Water Heater: Gas, Water Heater Location: Basement utility room
Features
- Flooring: Ceramic Tile, Hardwood, Carpet
- Windows: Skylight(s)
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,910
- Total interior livable area: 2,910 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Ceramic Tile, Hardwood, Wall to Wall Carpet, Skylight(s), Walk-In Closet(s), Fireplace, Water Heater
Lot
- Size: 4,687 Square Feet
- Features: Curbs, Paved, Sidewalk, Deck
- Topography: Level
Details
- Parcel number: 2862100821
- Zoning description: NR3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1911
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: Seattle Public Utilities
- Water: Public, Company: Seattle Public Utilities
- Utilities for property: Xfinity
Community & HOA
Community
- Subdivision: University District
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $443/sqft
- Tax assessed value: $1,171,000
- Annual tax amount: $9,938
- Date on market: 5/27/2024
- Cumulative days on market: 786 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwashers, Dryers, GarbageDisposal, Refrigerators, StovesRanges, Washers
- Total actual rent: 7400
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2024 | Sold | $1,290,000-0.8%$443/sqft |
Source:  NWMLS as distributed by MLS GRID #2232146 Report a problem | ||
| 5/6/2024 | Pending sale | $1,299,950$447/sqft |
Source: NWMLS as distributed by MLS GRID #2232146 Report a problem | ||
| 5/2/2024 | Listed for sale | $1,299,950+252.3%$447/sqft |
Source: NWMLS as distributed by MLS GRID #2232146 Report a problem | ||
| 4/30/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Price change | $7,600-1.9%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2024 | Price change | $7,750-3.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/25/2024 | Listed for rent | $8,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/13/2024 | Listed for rent | $8,000+8.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/28/2023 | Listed for rent | $7,400+7.2%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/20/2022 | Listed for rent | $6,900+7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/26/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/4/2020 | Listing removed | $6,450$2/sqft |
Source: Owner Report a problem | ||
| 7/13/2020 | Price change | $6,450-7.9%$2/sqft |
Source: Owner Report a problem | ||
| 6/13/2020 | Listed for rent | $7,000$2/sqft |
Source: Owner Report a problem | ||
| 3/15/2001 | Sold | $369,000+23.8%$127/sqft |
Source: NWMLS as distributed by MLS GRID #21011483 Report a problem | ||
| 6/19/1998 | Sold | $297,950+80.6%$102/sqft |
Source: Public Record Report a problem | ||
| 9/7/1995 | Sold | $165,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,331 +15.5% | $1,171,000 +7.8% |
| 2024 | $10,677 +12.2% | $1,086,000 +9.6% |
| 2023 | $9,515 -4.3% | $991,000 -14.6% |
| 2022 | $9,938 +3.2% | $1,161,000 +12.1% |
| 2021 | $9,631 +5.4% | $1,036,000 +11.2% |
| 2020 | $9,141 +3.4% | $932,000 +2.3% |
| 2019 | $8,839 +14.8% | $911,000 +3.4% |
| 2018 | $7,698 -4.9% | $881,000 +9% |
| 2017 | $8,095 +27.2% | $808,000 +11.8% |
| 2016 | $6,364 | $723,000 +9.5% |
| 2015 | $6,364 | $660,000 +0.5% |
| 2014 | $6,364 | $657,000 +17.3% |
| 2013 | $6,364 | $560,000 +9.4% |
| 2012 | -- | $512,000 |
| 2011 | -- | $512,000 -3.9% |
| 2010 | -- | $533,000 |
| 2009 | -- | $533,000 +5.5% |
| 2007 | -- | $505,000 +6.1% |
| 2006 | -- | $476,000 +7.9% |
| 2005 | -- | $441,000 +62.7% |
| 2001 | $3,208 +12.4% | $271,000 +18.9% |
| 2000 | $2,853 | $228,000 |
Find assessor info on the county website
Neighborhood: University District
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Nearby schools
GreatSchools rating
- 7/10Green Lake Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 8/10Hamilton International Middle SchoolGrades: 6-8Distance: 1 mi
- 10/10Lincoln High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Green Lake
- Middle: Hamilton Mid
- High: Lincoln High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,269,700
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Estimated market value
$1,269,700
- Washington
- King County
- Seattle
- 98105
- University District
- 5010 8th Avenue NE
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