$915,000
Est. $4,989/moPrice reduced $360,000 from the original $1,275,000 asking price
7 bd•1.75 ba•3,000 sq ft
5016 7th Ave Ne, Seattle, WA 98105
• Listed Apr 10, 2025•571 days active · 571 cumulative
Listing Broker: Windermere Real Estate/East; Kelby Schweitzer; 253-905-3904; kschweitzer@windermere.com
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Listing Broker: Windermere Real Estate/East; Kelby Schweitzer; 253-905-3904; kschweitzer@windermere.com
About this home
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.
Listed by Kelby Schweitzer • Windermere Real Estate/East
Listing updated: September 29, 2026 at 02:40pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2353618
Around this home
How much should you offer?
5016 7th Ave Ne, Seattle, WA 98105
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Dining Room
- Fireplace
- Walk-In Closet(s)
- Fireplace (wood burning)
- Daylight basement
Kitchen
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 7 bedrooms total
- 2 on the main level
- 2 upstairs
- 3 on the lower level
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1.75 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Stories w/Bsmnt
- 3,000 sq ft finished
Flooring
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerSeattle School District
- Green Lake Elementary SchoolPublic · Grades PK-5 · State rank 407 of 1,1386/10
- Hamilton MidPublic · Grades Middle—
- Lincoln High SchoolPublic · Grades 9-12 · State rank 3 of 39610/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Partial Slope
- Zoning jurisdiction
- City
Systems
- Energy source
- Natural Gas
- Power production
- Natural Gas
- Water heater location
- Lower level utility room
- Power company
- Seattle City Light
- Water company
- Seattle Public Utilities
- Sewer company
- Seattle Public Utilities
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 1
- Showers
- 2
- Fireplaces on main
- 1
New construction
- Construction methods
- Standard Frame
- Square footage source
- realist
- Lot size source
- realist
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 5016 7th Ave Ne
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 29, 2026Price reducedNWMLS via MLS Grid · #2353618$915,000$305/sq ft
- Apr 10, 2025ListedNWMLS via MLS Grid · #2353618$1,275,000$425/sq ft
- Jun 15, 2004SoldNWMLS via MLS Grid · #24005694$345,000$115/sq ft
- Apr 26, 2004PendingNWMLS via MLS Grid · #24005694$335,000$112/sq ft
- Jan 13, 2004ListedNWMLS via MLS Grid · #24005694$335,000$112/sq ft
- Nov 5, 1986Recorded saleKing County recorder · Warranty deed$59,544$20/sq ft
Down payment assistance
7 programs may be available to provide you with up to $100,750 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$5,955 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Windermere Real Estate/East; Kelby Schweitzer; 253-905-3904; kschweitzer@windermere.com
Market pulse
Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 53 days.
Recent sales nearby
Within 1 mile · last 6 months$890,000 Sold
1 week ago
2 bd•1.5 ba•~1,240 sq ft•Single Family
811 NE 57th Street, Seattle, WA 98105
4%
Under list
36
Days on market
0.3 mi
Distance
$1,450,000 Sold
2 weeks ago
3 bd•2 ba•~1,690 sq ft•Single Family
101 NE 57th Street, Seattle, WA 98105
12%
Over list
21
Days on market
0.5 mi
Distance
$949,950 Sold
2 weeks ago
3 bd•1.75 ba•~1,500 sq ft•Single Family
5018 Latona Avenue NE, Seattle, WA 98105
0%
Over list
28
Days on market
0.2 mi
Distance
$1,240,000 Sold
3 weeks ago
4 bd•1.5 ba•~2,100 sq ft•Single Family
135 NE 53rd Street, Seattle, WA 98105
1%
Under list
35
Days on market
0.3 mi
Distance
$770,000 Sold
3 weeks ago
2 bd•1.75 ba•~1,560 sq ft•Single Family
136 NE 58th Street, Seattle, WA 98105
3%
Over list
29
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 2, 2026 at 7:35 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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