5016 7th Ave Ne · Seattle, WA 98105
Source: NWMLS · Windermere Real Estate/East · Kelby Schweitzer #NWM2353618
About this home
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.
Location
Basics
- Property type
- Single Family Residence
- Style
- 2 Stories w/Bsmnt
- Stories
- 2 stories
- Year built
- 1927
- Lot size
- 4,280 sq ft (0.1 acres)
- County
- King
- MLS #
- NWM2353618
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Ceramic Tile, Hardwood, Carpet
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 1 · Wood Burning
- Interior features
- Dining Room, Fireplace, Walk-In Closet(s)
- Entry level
- Main
Exterior & lot
- Exterior features
- Cement Planked
- Roof
- Composition
- Foundation
- Block
- Lot features
- Alley, Sidewalk
- Topography
- Partial Slope
- Waterfront
- No
Parking
- Garage
- Yes
- Covered spaces
- 1
- Parking features
- Detached Garage, Off Street
Utilities
- Water
- Public
- Sewer
- Available
- Power
- Natural Gas
Community & fees
- Subdivision
- University District
- Property tax
- $8,839 (2025)
Transaction
- Original list price
- $1,275,000 (27.5% price cut)
- Listed on
- Apr 10, 2025
- Days on market
- 528
- Price per sq ft
- $308
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2004-06-15
- Sold$345,000
Schools
School district: Seattle
- Elementary
- Green Lake
- Middle
- Hamilton Mid
- High
- Lincoln High SchoolSchoolDigger 5 stars · Top 3% in WA

Listing provided courtesy of: Windermere Real Estate/East
Listing agent: Kelby Schweitzer.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.