Listing Provided Courtesy of eLink RealtyTurnkey 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.
Property Details
Price:
$980,000
MLS #:
NWM2525586
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
University District
Neighborhood:
710northseattle
Listed Date:
May 18, 2026
Finished Sq Ft:
1,570
Total Sq Ft:
1,880
Lot Size:
3,000 sqft / 0.07 acres (approx)
Year Built:
1908
See this Listing
Schools
School District:
Seattle
Interior
Appliances
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
None
Flooring
Engineered Hardwood
Heating
Forced Air
Interior Features
Water Heater
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
3
Exterior
Construction Materials
Wood
Direction Faces
West
Exterior Features
Wood Products
Parking Features
Off Street
Parking Spots
1
Parking Total
1
Roof
Composition
Financial
Tax Year
2026
Taxes
$9,726
Map
Community
- Address5242 11 Avenue NE Seattle WA
- SubdivisionUniversity District
- CitySeattle
- CountyKing
- Zip Code98105
Subdivisions in Seattle
- Admiral
- Alaska Junction
- Alki
- Allentown
- Arbor Heights
- Arboretum
- Arroyo
- Ballard
- Beach Drive
- Beacon Hill
- Belltown
- Belvedere Terrace
- Belvidere
- Bitter Lake
- Blue Ridge
- Boulevard Park
- Briarcrest
- Brighton
- Broadmoor
- Broadview
- Broadway
- Bryant
- Bryn Mawr
- Burien
- Campbell Hill
- Capitol Hill
- Cedar Park
- Cedarhurst
- Central Area
- Columbia
- Columbia City
- Crown Hill
- Delridge
- Denny Blaine
- Denny Triangle
- Downtown
- Dunlap
- Earlington
- Eastlake
- Fairmount
- Fauntleroy
- First Hill
- Fremont
- Gatewood
- Genesee
- Georgetown
- Glen Acres
- Green Lake
- Greenwood
- Gregory Heights
- Haller Lake
- Hawthorne Hills
- High Point
- Highland Park
- Highline
- Hillman City
- Holly Park
- International District
- Inverness
- Jackson Park
- Judkins
- Kent
- Lake City
- Lake Forest Park
- Lake Union
- Lakeridge
- Lakewood
- Laurelhurst
- Leschi
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- Lincoln Park
- Loyal Heights
- Madison Park
- Madison Valley
- Madrona
- Magnolia
- Magnolia Bluff
- Maple Leaf
- Matthews Beach
- Meadowbrook
- Montlake
- Morgan Junction
- Mt Baker
- N Beacon Hill
- North Admiral
- North Beach
- North Burien
- North Capitol Hill
- North City
- North Shorewood
- Northgate
- Olympic Hills
- Olympic Manor
- Phinney Ridge
- Pigeon Point
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- The Highlands
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- University District
- Upper Rainier Beach
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- View Ridge
- Wallingford
- Washington Park
- Wedgwood
- West Seattle
- Westlake
- Westwood
- Westwood Village
- White Center
- Whittier
- Windermere
- Woodland Park
Market Summary
Current real estate data for Single Family in Seattle as of Jun 09, 2026
2,136
Single Family Listed
52
Avg DOM
611
Avg $ / SqFt
$1,216,311
Avg List Price
Property Summary
- Located in the University District subdivision, 5242 11 Avenue NE Seattle WA is a Single Family for sale in Seattle, WA, 98105. It is listed for $980,000 and features 5 beds, 2 baths, and has approximately 1,570 square feet of living space, and was originally constructed in 1908. The current price per square foot is $624. The average price per square foot for Single Family listings in Seattle is $611. The average listing price for Single Family in Seattle is $1,216,311. To schedule a showing of MLS#nwm2525586 at 5242 11 Avenue NE in Seattle, WA, contact your Best in the West agent at 206-351-5550.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by eLink Realty.
Disclaimer: Based on information submitted to the MLS GRID as of Jun-09-2026 4:20:12 pm. 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.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by eLink Realty.Disclaimer: Based on information submitted to the MLS GRID as of Jun-09-2026 4:20:12 pm. 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.
Copyright 2026. All rights reserved.
5242 11 Avenue NE
Seattle, WA