5016 7th Ave Ne, Seattle, WA 98105

$925,000
7
BD
2
BA
3,000
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Windermere Real Estate/East.

List Price
$925,000
Status
ACTIVE
MLS#
2353618
Price Change
▼ $50,000 1784087147
Days on Market
472
Bedrooms
7
Finished SqFt
3,000
Area Total SqFt
3000
Annual Tax Ammount
8839.09
Lot Size (sq ft)
4,280
Fireplace
Yes
Sewer
Available

Property Description

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.

Additional Information

Community
University District
Style
18 - 2 Stories w/Bsmnt
Basement
Daylight
Year Built
1927
Total Covered Parking
1
Roof
Composition
Site Features
Deck, Fenced-Partially, Patio
Tax Year
2025
School District
Seattle
Elementary School
Green Lake
Middle School
Hamilton Mid
High School
Lincoln High
Potential Terms
Cash, Conventional
Interior Features
Dining Room, Fireplace, Walk-In Closet(s)
Flooring
Ceramic Tile, Hardwood, Carpet
Driving Directions
from I-5 south take exit 169 toward NE 50th St, Merge onto 5th Ave NE, Turn left onto NE 50th St, Turn left at the 1st cross street onto 7th Ave NE. 5016 is on your right.
Appliance
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Lower level utility room
Energy Source
Natural Gas
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks