5016 7th Avenue Ne Seattle, WA 98105

$975,000
7
Beds
1
Baths
0.10
Acres
3,000
SQFT
325
$/SQFT
$975,000
7
Beds
1
Baths
3,000   sf
$325 / sf
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Investment-ready property with over 20 years of successful rental history. This classic craftsman is ideally located close to the University of Washington, making it a perennial favorite for long-term tenants. The fully furnished property features spacious, well-maintained rooms, large shared living areas, two hot water heaters and two refrigerators. Separate entrance and downstairs kitchenette provide a compelling opportunity for multi-unit income potential. Additional amenities include free laundry, off-street alley parking for 3 cars, a detached garage, & secure bike storage. Outdoor features include a back deck & a private, fenced yard with street & alley access. Close to Trader Joe’s, UW, & I-5. With its prime location, consistent income performance, and strong occupancy history, this property represents a dependable addition to any investment portfolio. A lease is already secured for the upcoming school year.

Investment-ready property with over 20 years of successful rental history. This classic craftsman is ideally located close to the University of Washington, making it a perennial favorite for long-term tenants. The fully furnished property features spacious, well-maintained rooms, large shared living areas, two hot water heaters and two refrigerators. Separate entrance and downstairs kitchenette provide a compelling opportunity for multi-unit income potential. Additional amenities include free laundry, off-street alley parking for 3 cars, a detached garage, & secure bike storage. Outdoor features include a back deck & a private, fenced yard with street & alley access. Close to Trader Joe’s, UW, & I-5. With its prime location, consistent income performance, and strong occupancy history, this property represents a dependable addition to any investment portfolio. A lease is already secured for the upcoming school year.

Listed by:
Windermere Real Estate/East

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 2026-06-23 08:43:57. DMCA
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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • Has garage
  • No Pool
  • Parking Off-Street

Interior Features

  • Fire Place
  • Master Downstairs
  • Walk-In Closet
  • Washer Dryer In Unit

Property History

DateDays AgoEventNew Price
Jun 15, 20268 days agoPrice decreased75,000 (7%)$975,000
May 28, 202626 days agoPrice decreased50,000 (5%)$1,050,000
Feb 2, 20265 mos agoPrice decreased100,000 (8%)$1,100,000
Jul 31, 202511 mos agoPrice decreased50,000 (4%)$1,200,000
Jun 2, 20251 yr agoPrice decreased25,000 (2%)$1,250,000
Apr 10, 20251 yr agoNew on market$1,275,000
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