Turnkey Investment Property Proven 20+ Year Rental History. This classic Craftsman offers investors a rare opportunity to acquire a high-performing asset. Located just two blocks from the University of Washington, it’s ideally positioned to attract long-term tenants year after year. The property features spacious, well-maintained rooms, off-street parking for 3+ vehicles, a detached garage, two hot water heaters, two fridges and generous common areas. Furnishings are included for immediate rental continuity. With its prime location, stable cash flow, and minimal vacancy history, this property is a solid addition to any real estate portfolio.
Active
Listed by:
Kelby Schweitzer,
Windermere Real Estate/East
Price cut: $50K (7/31)
$1,200,000
5016 7th Ave Ne, Seattle, WA 98105
7beds
3,000sqft
Est.:
Single Family Residence
Built in 1927
4,281.95 Square Feet Lot
$1,167,100 Zestimate®
$400/sqft
$-- HOA
What's special
Off-street parkingDetached garageTwo fridgesTwo hot water heatersSpacious well-maintained roomsGenerous common areas
- 139 days
- on Zillow |
- 411 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 25, 2025 at 03:40pm
Listed by:
Kelby Schweitzer,
Windermere Real Estate/East
Source: NWMLS,MLS#: 2353618

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater Location: Lower level utility room
Features
- Dining Room
- Flooring: Ceramic Tile, Hardwood, Carpet
- Basement: Daylight
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Off Street
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Dining Room, Fireplace, Walk-In Closet(s)
Lot
- Size: 4,281.95 Square Feet
- Features: Sidewalk, Deck, Fenced-Partially, Patio
- Topography: Partial Slope
Details
- Parcel number: 2862100955
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cement Planked, Cement Plank
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1927
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Available, Company: Seattle Public Utilities
- Water: Public, Company: Seattle Public Utilities
Community & HOA
Community
- Subdivision: University District
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $400/sqft
- Tax assessed value: $897,000
- Annual tax amount: $8,839
- Date on market: 4/9/2025
- Cumulative days on market: 140 days
- Listing terms: Cash Out,Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 6500
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