Listing Provided Courtesy of Gang Yang at 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 11th 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
- Licton Springs
- 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
- Pinehurst
- Pioneer Square
- Portage Bay
- Puget Ridge
- Queen Anne
- Rainier Beach
- Rainier Valley
- Ravenna
- Renton
- Roosevelt
- Sand Point
- SeaTac
- Seattle
- Seaview
- Seola Beach
- Seward Park
- Shoreline
- Shorewood
- Skyway
- Sodo
- South Lake Union
- South Park
- Southern
- Sunset Hill
- The Highlands
- Top Hat
- Tukwila
- University District
- Upper Rainier Beach
- Victory Heights
- 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 Oct 23, 2026
2,313
Single Family Listed
62
Avg DOM
594
Avg $ / SqFt
$1,206,526
Avg List Price
Property Summary
- Located in the University District subdivision, 5242 11th 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 $594. The average listing price for Single Family in Seattle is $1,206,526. To schedule a showing of MLS#nwm2525586 at 5242 11th Avenue NE in Seattle, WA, contact your Best in the West agent at 206-351-5550.
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Listing courtesy of eLink RealtyThe database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Oct-23-2026 6:58:01 am. © 2026 NWMLS.
5242 11th Avenue NE
Seattle, WA