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Open Fri, May 29 +1
Open Fri, May 29
Open Fri, May 29 +3
Open Sat, May 30 +1$900,000
Est. $4,565/mo5 bd•2,210 sq ft
5231 12th Avenue Ne, Seattle, WA 98105
• Listed 2026-05-15•8 days on market
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Based on information submitted to the MLS GRID as of May 29, 2026 at 3:25 PM PDT (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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Ideal Investment in Seattle's vibrant University/Roosevelt District. Perfect for owners or investors targeting strong rental demand. Both units are currently occupied, total rents are $5,000/month. Main unit has 4 beds (3 upstairs) with large living room with fireplace and full kitchen with peninsula/breakfast bar seating. Lower unit is 1 bed/1bath with its own laundry and separate entrance and yard/garden space off alley. There's also parking for multiple vehicles off alley. New exterior paint and interior condition is typical for area. Enjoy immediate cash flow with this property as it's suited for both long-term leases or short-term rentals. Stroll to UW campus and the Ave shops. Easy access to multiple Seattle neighborhoods and SLU/downtown too with Link Light Rail and I-5. This area attracts those seeking active lifestyles, transit connectivity, and proximity to major employment centers. Continued neighborhood growth support long-term rental stability and occupancy. This is a home run option to start a real estate portfolio or add to your existing holdings.
Listed by Russ Katz • Windermere RE Magnolia
Listing updated: May 21, 2026 at 12:29pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2525024
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
See more →Open Fri, May 29 +1Open Fri, May 29Open Fri, May 29 +3Open Sat, May 30 +15 recent nearby sales, priced between $755K and $1.49M.Sourced from public records — exterior photo via Google Street View.
$799,000Last sold price
329 Ne 51st St, Seattle, WA 98105
$980,000Last sold price
5242 11th Ave NE, Seattle, WA 98105
$755,000Last sold price
340 Ne 53rd St, Seattle, WA 98105
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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 28 days.
$1,093,000 Sold
5 weeks ago
•Single Family
5619 16th Avenue Ne, Seattle, WA 98105
5%
Under list
—
Days on market
0.3 mi
Distance
$755,000 Sold
8 weeks ago
3 bd•1.5 ba•~1,340 sq ft•Single Family
1159 Ne 55th Street, Seattle, WA 98105
3%
Under list
—
Days on market
0.1 mi
Distance
$925,000 Sold
4 months ago
7 bd•1.5 ba•~2,810 sq ft•Single Family
5020 7th Ave Ne, Seattle, WA 98105
7%
Under list
—
Days on market
0.3 mi
Distance
$2,539,000 Sold
4 months ago
5 bd•3.5 ba•~3,441 sq ft•Single Family
4037 Latona Ave Ne, Seattle, WA 98105
0%
Over list
—
Days on market
0.9 mi
Distance
$674,950 Sold
4 months ago
2 bd•1.5 ba•~955 sq ft•Single Family
314 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 via RentCast · Updated May 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
