$980,000
Est. $5,428/mo5 bd•1.75 ba•1,570 sq ft
5242 11th Avenue NE, Seattle, WA 98105
• Listed May 18, 2026•147 days active · 147 cumulative
Listing Broker: eLink Realty; Gang Yang; 425-205-0462; coastalyang@gmail.com
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Listing Broker: eLink Realty; Gang Yang; 425-205-0462; coastalyang@gmail.com
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.
Listed by Gang Yang • eLink Realty
Listing updated: October 7, 2026 at 03:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2525586
Around this home
How much should you offer?
5242 11th Avenue 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
- Water Heater
- Unfinished basement
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 5 bedrooms total
- 3 on the main level
- 2 upstairs
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1.75 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Story
- 1,570 sq ft finished, 310 sq ft unfinished
Flooring
- Engineered Hardwood
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDigger- Adams Elementary SchoolPublic · Grades K-5 · 3.5 mi · State rank 79 of 1,13810/10
- Aki Kurose Middle SchoolPublic · Grades 6-8 · 8.5 mi · State rank 266 of 5144/10
- Bainbridge High SchoolPublic · Grades 9-12 · 9.8 mi · State rank 1 of 39610/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 30' X 100'
- Topography
- Level,Partial Slope,Terraces
- Lot number
- 34
- Zoning code
- LR2
- Zoning jurisdiction
- City
- Faces
- West
Systems
- Energy source
- Natural Gas
- Power production
- Natural Gas
- Water heater
- Gas
- Water heater location
- Basement
- Power company
- Seattle City Light
- Water company
- City of Seattle
- Sewer company
- City of Seattle
- Gas company
- Puget Sount Energy
- Garbage service
- City of Seattle
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
New construction
- Square footage source
- County Record
- Lot size source
- County Record
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 5242 11th Avenue 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.
- May 18, 2026ListedNWMLS via MLS Grid · #2525586$980,000$624/sq ft
- May 16, 2023SoldNWMLS via MLS Grid · #2034789$930,000$592/sq ft
- Apr 1, 2023PendingNWMLS via MLS Grid · #2034789$949,900$605/sq ft
- Feb 9, 2023ListedNWMLS via MLS Grid · #2034789$949,900$605/sq ft
- Jan 30, 2015SoldNWMLS via MLS Grid · #690029$530,000$338/sq ft
- Dec 15, 2014PendingNWMLS via MLS Grid · #690029$539,000$343/sq ft
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.
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
$6,483 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: eLink Realty; Gang Yang; 425-205-0462; coastalyang@gmail.com
Market pulse
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 40 days.
Recent sales nearby
Within 1 mile · last 6 months$705,000 Sold
4 days ago
4 bd•2.5 ba•~1,500 sq ft•Single Family
1305 NE 55th Street, Seattle, WA 98105
3%
Under list
51
Days on market
0.1 mi
Distance
$1,097,500 Sold
4 days ago
3 bd•1.5 ba•~2,300 sq ft•Single Family
5760 25th Avenue NE, Seattle, WA 98105
0%
Over list
15
Days on market
0.8 mi
Distance
$1,485,000 Sold
5 days ago
4 bd•3 ba•~2,471 sq ft•Single Family
4549 Thackeray Place NE, Seattle, WA 98105
3%
Under list
56
Days on market
0.6 mi
Distance
$925,000 Sold
1 week ago
4 bd•2.25 ba•~2,110 sq ft•Single Family
4747 4th Avenue NE, Seattle, WA 98105
7%
Under list
61
Days on market
0.4 mi
Distance
$1,150,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,600 sq ft•Single Family
318 NE 59th Street, Seattle, WA 98105
0%
Over list
—
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 Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 7, 2026 at 03:42pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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