5224 12th Avenue NE Seattle, WA 98105

$1,590,000
8
Beds
2
Baths
0.08
Acres
3,590
SQFT
443
$/SQFT
$1,590,000
8
Beds
2
Baths
3,590   sf
$443 / sf
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active
1/25
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Investors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental income from unlimited incoming UW students in the future. Many new renovations made in the last few year, cap rate at 4.63%. Preleased $7,340/month from 9/1/2025 to 8/31/2026. Rent to 2 groups of tenants. Tenants pay all utilities. 2 private parking in alley. Dream for investor and best deal on the market.

Investors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental income from unlimited incoming UW students in the future. Many new renovations made in the last few year, cap rate at 4.63%. Preleased $7,340/month from 9/1/2025 to 8/31/2026. Rent to 2 groups of tenants. Tenants pay all utilities. 2 private parking in alley. Dream for investor and best deal on the market.

Listed by:
eLink Realty

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. 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 Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-05-09 09:12:17. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
  • Parking Off-Street
  • Basement

Interior Features

  • Fire Place
  • Master Downstairs
  • Washer Dryer In Unit
  • Basement Finished

Style

  • Contemporary
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