Active
Listed by Gang Yang • eLink Realty.
FOR SALE
$980,000
Est. $4,971/mo5 bd•1,570 sq ft
5242 11 Avenue Ne, Seattle, WA 98105
• Listed 2026-05-18•3 days on market
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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.
Property type
Single Family
Year built
1908
Interior
1,570 sq ft
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Sat, May 30 +1Around this home
Sold comparable homes
5 recent nearby sales, priced between $860K and $1.61M.
SOLD DEC 16, 2025
$1,500,000Last sold price
5 beds1 baths1,810 sq ft
6565 5th Avenue Ne, Seattle, WA 98115
$829/sq ft13 years newer
SOLD JUN 30, 2025
$1,615,000Last sold price
4 beds1 baths2,010 sq ft
4330 Ne 56th Street, Seattle, WA 98105
$803/sq ft34 years newer
SOLD SEP 2, 2025
$868,000Last sold price
4 beds2.5 baths1,760 sq ft
8609 22nd Place Ne, Seattle, WA 98115
$493/sq ft111 years newer
Property details
Bedrooms
- 5 bedrooms total
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.
Mortgage payment forecast
$5,951 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
Takes about 5 minutes & won't affect your credit
Get pre-approvedPlan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 4:24 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.
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.
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Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
