$980,000
Est. $4,940/mo5 bd•1 ba•1,570 sq ft
5242 11 Avenue Ne, Seattle, WA 98105
• Listed 2026-05-18•26 days on market
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Based on information submitted to the MLS GRID as of May 26, 2026 at 12:27pm (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.
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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.
Listed by Gang Yang • eLink Realty
Listing updated: May 26, 2026 at 12:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2525586
Open houses
No upcoming open houses scheduled for this property.
$785,000
-$195,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $685K and $1.2M.
Rental earnings
$2,350/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$775,000Last sold price
5519 12th Avenue Ne, Seattle, WA 98105
$750,000Last sold price
1310 Ne 52nd Street, Seattle, WA 98105
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
5242 11 Avenue Ne, Seattle, WA 98105
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.
Neighborhood mobility
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
$5,995 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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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 6 days.
$2,500,000 Sold
2 weeks ago
18 bd•~5,040 sq ft•Single Family
4738 17th Avenue Ne, Seattle, WA 98105
4%
Under list
—
Days on market
0.4 mi
Distance
$2,500,000 Sold
2 weeks ago
•Single Family
4738 17th Avenue Ne, Seattle, WA 98105
4%
Under list
—
Days on market
0.4 mi
Distance
$1,400 Sold
3 weeks ago
•1 ba•Single Family
4547 8th Avenue Ne #408, Seattle, WA 98105
0%
Over list
—
Days on market
0.4 mi
Distance
$1,500,000 Sold
3 weeks ago
•Single Family
5210 11th Avenue Ne #1-5, Seattle, WA 98105
6%
Under list
—
Days on market
0.1 mi
Distance
$1,093,000 Sold
8 weeks ago
•Single Family
5619 16th Avenue Ne, Seattle, WA 98105
5%
Under list
—
Days on market
0.3 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 Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
