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    • Listed by: Windermere Real Estate/East • Kelby Schweitzer
    Price cut: $50K (7/14)
    $925,000

    5016 7th Ave Ne, Seattle, WA 98105

    7beds
    3,000sqft
    : 
    $5,686/mo
    Get pre-qualified
    Single Family Residence
    Built in 1927
    4,281 Square Feet Lot
    $869,000 Zestimate®
    $308/sqft
    $-- HOA

    What's special

    Downstairs kitchenetteDetached garageSeparate entranceBack deckSecure bike storageFree laundrySpacious well-maintained rooms
    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.
    499 days
    |
    498
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelby Schweitzer,

    Windermere Real Estate/East

    Source: NWMLS as distributed by MLS GRID,MLS#: 2353618MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom three quarter
      • Level: Lower
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Family room
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Utility room
      • Level: Lower
      Heating
      • Fireplace, Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater Location: Lower level utility room
      Features
      • Dining Room
      • Flooring: Ceramic Tile, Hardwood, Carpet
      • Basement: Daylight
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 3,000
      • Total interior livable area: 3,000 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage, Off Street
      • Has garage: Yes
      • Covered spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Dining Room, Fireplace, Walk-In Closet(s)
      Lot
      • Size: 4,281 Square Feet
      • Features: Sidewalk, Deck, Fenced-Partially, Patio
      • Topography: Partial Slope
      Details
      • Parcel number: 2862100955
      • Zoning description: Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 2 Stories w/Bsmnt
      • Property subtype: Single Family Residence
      Materials
      • Cement Planked, Cement Plank
      • Foundation: Block
      • Roof: Composition
      Condition
      • Year built: 1927

      Utilities & green energy

      • Electric: Company: Seattle City Light
      • Sewer: Available, Company: Seattle Public Utilities
      • Water: Public, Company: Seattle Public Utilities

      Community & HOA

      Community
      • Subdivision: University District
      Location
      • Region: Seattle

      Financial & listing details

      • Price per square foot: $308/sqft
      • Tax assessed value: $830,000
      • Annual tax amount: $8,839
      • Date on market: 4/9/2025
      • Cumulative days on market: 500 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
      • Total actual rent: 6500

        Estimated market value

        $869,000

        $826,000 - $912,000

        $5,580/mo

        Price history

        DateEventPrice
        7/14/2026Price change$925,000-5.1%$308/sqft
        Source: NWMLS as distributed by MLS GRID #2353618 Report a problem
        6/15/2026Price change$975,000-7.1%$325/sqft
        Source: NWMLS as distributed by MLS GRID #2353618 Report a problem
        5/28/2026Price change$1,050,000-4.5%$350/sqft
        Source: NWMLS as distributed by MLS GRID #2353618 Report a problem
        2/3/2026Price change$1,100,000-8.3%$367/sqft
        Source: NWMLS as distributed by MLS GRID #2353618 Report a problem
        7/31/2025Price change$1,200,000-4%$400/sqft
        Source: NWMLS as distributed by MLS GRID #2353618 Report a problem
        6/24/2025Listing removed$6,500$2/sqft
        Source: Zillow Rentals Report a problem
        6/2/2025Price change$1,250,000-2%$417/sqft
        Source: NWMLS as distributed by MLS GRID #2353618 Report a problem
        5/8/2025Price change$6,500+1.6%$2/sqft
        Source: Zillow Rentals Report a problem
        4/10/2025Listed for sale$1,275,000+269.6%$425/sqft
        Source: NWMLS as distributed by MLS GRID #2353618 Report a problem
        4/4/2025Price change$6,400-1.5%$2/sqft
        Source: Zillow Rentals Report a problem
        12/6/2024Price change$6,500+23.8%$2/sqft
        Source: Zillow Rentals Report a problem
        10/18/2024Price change$5,250-2.8%$2/sqft
        Source: Zillow Rentals Report a problem
        9/14/2024Price change$5,400-1.8%$2/sqft
        Source: Zillow Rentals Report a problem
        8/30/2024Listed for rent$5,500$2/sqft
        Source: Zillow Rentals Report a problem
        8/29/2024Listing removed$5,500$2/sqft
        Source: Zillow Rentals Report a problem
        8/14/2024Listed for rent$5,500-11.3%$2/sqft
        Source: Zillow Rentals Report a problem
        7/3/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/1/2024Price change$6,200-2.4%$2/sqft
        Source: Zillow Rentals Report a problem
        6/25/2024Price change$6,350-2%$2/sqft
        Source: Zillow Rentals Report a problem
        6/11/2024Price change$6,480-0.3%$2/sqft
        Source: Zillow Rentals Report a problem
        4/23/2024Price change$6,500+8.3%$2/sqft
        Source: Zillow Rentals Report a problem
        4/21/2024Listed for rent$6,000$2/sqft
        Source: Zillow Rentals Report a problem
        4/25/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/4/2022Listed for rent$6,000$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/10/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/15/2004Sold$345,000$115/sqft
        Source: NWMLS as distributed by MLS GRID #24005694 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,847 +0.1%$830,000 -7.5%
        2024$8,839 +11.1%$897,000 +9.5%
        2023$7,958 -4.2%$819,000 -14.7%
        2022$8,306 +3.2%$960,000 +12%
        2021$8,050 +5.3%$857,000 +11.2%
        2020$7,641 +3.4%$771,000 +2.3%
        2019$7,390 +21%$754,000 +9.4%
        2018$6,107 -4.8%$689,000 +9%
        2017$6,412 +32.7%$632,000 +11.7%
        2016$4,834 $566,000 +9.5%
        2015$4,834 $517,000 +5.1%
        2014$4,834 $492,000 +17.4%
        2013$4,834 $419,000 +9.4%
        2012-- $383,000
        2011-- $383,000 -7%
        2010-- $412,000
        2009-- $412,000 +12.3%
        2007-- $367,000 +6.1%
        2006-- $346,000 +11.6%
        2005-- $310,000 +25%
        2001$2,944 +12.3%$248,000 +18.7%
        2000$2,622 $209,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: University District

        Getting around

        93 / 100
        Walker's Paradise
        81 / 100
        Excellent Transit
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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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