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.
Active
Listed by: eLink Realty • Gang Yang
$980,000
5242 11 Avenue NE, Seattle, WA 98105
5beds
1,880sqft
Single Family Residence
Built in 1908
3,001 Square Feet Lot
$954,100 Zestimate®
$521/sqft
$-- HOA
What's special
Highly functional layout
- 57 days |
- 352 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Gang Yang,
eLink Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2525586
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Basement
Features
- Flooring: Engineered Hardwood
- Basement: Unfinished
- Has fireplace: No
- Fireplace features: Gas
Interior area
- Total structure area: 1,880
- Total interior livable area: 1,880 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Water Heater
Lot
- Size: 3,001 Square Feet
- Dimensions: 30' x 100'
- Topography: Level,Partial Slope,Terraces
Details
- Parcel number: 674670060500
- Zoning: LR2
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1908
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: City of Seattle
- Water: Public, Company: City of Seattle
Community & HOA
Community
- Subdivision: University District
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $521/sqft
- Tax assessed value: $932,000
- Annual tax amount: $9,725
- Date on market: 5/18/2026
- Cumulative days on market: 57 days
- Listing terms: Conventional,FHA
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 4750
Estimated market value
$954,100
$906,000 - $1.00M
$4,850/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $980,000+5.4%$521/sqft |
Source:  NWMLS as distributed by MLS GRID #2525586 Report a problem | ||
| 6/14/2025 | Listing removed | $4,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/5/2025 | Listed for rent | $4,600-3.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/20/2024 | Price change | $4,750-5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2024 | Listed for rent | $5,000+138.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/17/2023 | Price change | $2,100-57.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/14/2023 | Listed for rent | $4,950+141.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/13/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/5/2023 | Listed for rent | $2,050+2.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/16/2023 | Sold | $930,000-2.1%$495/sqft |
Source: NWMLS as distributed by MLS GRID #2034789 Report a problem | ||
| 4/2/2023 | Pending sale | $949,900$505/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2034789 Report a problem | ||
| 2/9/2023 | Listed for sale | $949,900+79.2%$505/sqft |
Source: NWMLS as distributed by MLS GRID #2034789 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/5/2015 | Listing removed | $2,000$1/sqft |
Source: Owner Report a problem | ||
| 5/25/2015 | Listed for rent | $2,000$1/sqft |
Source: Owner Report a problem | ||
| 1/30/2015 | Sold | $530,000-1.7%$282/sqft |
Source: NWMLS as distributed by MLS GRID #690029 Report a problem | ||
| 12/3/2014 | Price change | $539,000-5.3%$287/sqft |
Source: Skyline Properties Inc #690029 Report a problem | ||
| 10/16/2014 | Price change | $569,000-5.2%$303/sqft |
Source: Skyline Properties Inc #690029 Report a problem | ||
| 9/3/2014 | Listed for sale | $599,990+13.4%$319/sqft |
Source: Skyline Properties Inc #690029 Report a problem | ||
| 4/1/2014 | Listing removed | $529,000$281/sqft |
Source: Skyline Properties Inc #545377 Report a problem | ||
| 9/19/2013 | Listed for sale | $529,000+21.6%$281/sqft |
Source: Skyline Properties Inc #545377 Report a problem | ||
| 11/9/2007 | Sold | $435,000+35%$231/sqft |
Source: NWMLS as distributed by MLS GRID #27158793 Report a problem | ||
| 8/24/2001 | Sold | $322,200+67.4%$171/sqft |
Source: Public Record Report a problem | ||
| 11/24/1997 | Sold | $192,500$102/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,726 +3.5% | $932,000 -4% |
| 2024 | $9,394 +19.5% | $971,000 +20.2% |
| 2023 | $7,858 -4.2% | $808,000 -14.7% |
| 2022 | $8,201 +3.2% | $947,000 +12.1% |
| 2021 | $7,944 +5.4% | $845,000 +11.2% |
| 2020 | $7,539 +3.4% | $760,000 +2.3% |
| 2019 | $7,289 +25.1% | $743,000 +13.4% |
| 2018 | $5,825 -4.8% | $655,000 +9% |
| 2017 | $6,116 +40.2% | $601,000 +11.7% |
| 2016 | $4,361 | $538,000 +9.6% |
| 2015 | $4,361 | $491,000 +11.3% |
| 2014 | $4,361 | $441,000 +17.3% |
| 2013 | $4,361 | $376,000 +9.3% |
| 2012 | -- | $344,000 |
| 2011 | -- | $344,000 -7% |
| 2010 | -- | $370,000 |
| 2009 | -- | $370,000 -3.4% |
| 2007 | -- | $383,000 +6.1% |
| 2006 | -- | $361,000 +11.4% |
| 2005 | -- | $324,000 +46.6% |
| 2001 | $2,635 +12.5% | $221,000 +18.8% |
| 2000 | $2,342 | $186,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: University District
Nearby schools
GreatSchools rating
- 9/10McDonald International SchoolGrades: K-5Distance: 0.5 mi
- 8/10Hamilton International Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Lincoln High SchoolGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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