$900,000
Est. $4,560/mo5231 12th Avenue Ne, Seattle, WA 98105
• Listed 2026-05-15•5 days on market
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Ideal Investment in Seattle's vibrant University/Roosevelt District. Perfect for owners or investors targeting strong rental demand. Both units are currently occupied, total rents are $5,000/month. Main unit has 4 beds (3 upstairs) with large living room with fireplace and full kitchen with peninsula/breakfast bar seating. Lower unit is 1 bed/1bath with its own laundry and separate entrance and yard/garden space off alley. There's also parking for multiple vehicles off alley. New exterior paint and interior condition is typical for area. Enjoy immediate cash flow with this property as it's suited for both long-term leases or short-term rentals. Stroll to UW campus and the Ave shops. Easy access to multiple Seattle neighborhoods and SLU/downtown too with Link Light Rail and I-5. This area attracts those seeking active lifestyles, transit connectivity, and proximity to major employment centers. Continued neighborhood growth support long-term rental stability and occupancy. This is a home run option to start a real estate portfolio or add to your existing holdings.
Listed by Russ Katz • Windermere RE Magnolia
Listing updated: June 7, 2026 at 09:10am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2522165
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5231 12th Avenue Ne, Seattle, WA 98105
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
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Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Seattle School District
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.
