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.

Location

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Basics

Property type: Single Family Residence
Style: 2 Story
Stories: 2 stories
Year built: 1908
Building area: 1,880 sq ft
Lot size: 3,000 sq ft (0.07 acres)
County: King
MLS #: NWM2525586

Interior

Heating: Forced Air
Cooling: None
Flooring: Engineered Hardwood
Appliances: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Interior features: Water Heater
Entry level: Main

Exterior & lot

Exterior features: Wood Products
Roof: Composition
Foundation: Poured Concrete
Topography: Level,Partial Slope,Terraces
Waterfront: No

Parking

Parking spaces: 1
Parking features: Off Street

Utilities

Water: Public
Sewer: Sewer Connected
Power: Natural Gas

Community & fees

Subdivision: University District
Property tax: $9,726 (2026)

Transaction

Listed on: May 18, 2026
Days on market: 125
Price per sq ft: $624
Listing terms: Cash, Conventional, FHA
Possession: Closing, Subject To Tenant Rights

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Schools

School district: Seattle

High: Lincoln High School
SchoolDigger 5 stars · Top 3% in WA

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Listing provided courtesy of: eLink Realty

Listing agent: Gang Yang.

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 2026-05-26.