Listed by Gang Yang, eLink Realty
- 5
- Bedrooms
- 2
- Bathrooms
- 1,880
- Square feet
- $521
- Per sq ft
- Single Family Residence
- Type
- 1908
- Year built
- 3,000 sq ft
- Lot
- 56
- Days on market
About this property
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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2525586
- Listed
- May 18, 2026
- Days on market
- 56
- Price per sq ft
- $521
Unit & building
- Building
- Pettit's University Addition
- Unit levels
- Two
Parking
- Parking
- Off Street
- Total spaces
- 1
Construction
- Year built
- 1908
- Style
- 12 - 2 Story
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- Natural Gas
Interior features
- Features
- Water Heater
- Fireplace type
- Gas
Flooring
- Flooring
- Engineered Hardwood
Appliances
- Appliances
- DishwasherDryerRefrigeratorStove(s)/Range(s)Washer
Lot
- Lot size
- 3,000 sq ft
Terms
- Terms offered
- CashConventionalFHA
Utilities
- Water
- City of Seattle
- Sewer
- City of Seattle
- Power
- Seattle City Light
Schools
- District
- Seattle
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Two
- Off Street
- House
- Composition
- Forced Air
- None
- Natural Gas
- Water Heater
- Gas
- Engineered Hardwood
- Dishwasher
- Dryer
Listing history
Listed
$980,000
May 18, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$5,706
- Principal & interest
- $4,955
- Property tax (est.)
- $751
Assumes $196,000 down (20%), a $784,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. 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.