Active
Listed by Gang Yang • eLink Realty.
FOR SALE
$980,000
Est. $4,971/mo5 bd•1,570 sq ft
5242 11 Avenue Ne, Seattle, WA 98105
• Listed 2026-05-18•5 days on market
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About this home
Turnkey 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 type
Single Family
Year built
1908
Interior
1,570 sq ft
Open houses
No upcoming open houses scheduled for this property.
Around this home
Sold comparable homes
5 recent nearby sales, priced between $699K and $1.49M.Sourced from public records — exterior photo via Google Street View.
Sold May 2, 2026
No photo
$755,000Last sold price
5 beds1 baths1,834 sq ft
340 Ne 53rd St, Seattle, WA 98105
$412/sq ft12 years newer
Sold Apr 5, 2026
No photo
$1,025,000Last sold price
5 beds1.5 baths1,720 sq ft
2158 N 50th St, Seattle, WA 98103
$596/sq ft15 years newer
Sold Apr 25, 2026
No photo
$849,000Last sold price
5 beds2 baths1,920 sq ft
5019 5th Ave NE, Seattle, WA 98105
$442/sq ft14 years newer
Property details
Bedrooms
- 5 bedrooms total
Down payment assistance
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$5,951 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
Takes about 5 minutes & won't affect your credit
Get pre-approvedPlan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 1, 2026 at 3:28 AM PDT (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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