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$900,000
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Property Description
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.
Full Property Details
Full Property Details for 5231 12th Ave NE
General
- Price: $900,000
- Taxes: $8,208 (2025)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2525024
- Updated: 6/7/2026
- Added to Site: 58 day(s) ago
Interior
- Interior Features: Second Kitchen, Bath Off Primary, Dining Room, Fireplace, Water Heater
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Ceramic Tile, Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 3
- Bedrooms Lower: 1
- Bedrooms Main: 1
Additional Information
- Amenities: Cable TV, Gas Available, High Speed Internet, Patio
Parking
- Carports: Yes
- Uncovered Spaces: 2
- Parking Features: Detached Carport
Location
- Area: 710 - North Seattle
- County: King
- Subdivision: Roosevelt
- Building Name: Pettits University Add
- Driving Directions: From 50th and 12th Ave NE. Head north on 12th 2 blocks, home is on your left.
- Direction Faces: East
School Information
- High School District: Seattle
- Elementary School: Green Lake
- Middle School: Hamilton Mid
- High School: Lincoln High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Water Heater: Gas
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: House
- Exterior Const.: Wood Products
- Basement Desc.: Daylight, Finished
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 2,210
- Finished Total: 2,210 Sq. Ft.
- Year Built: 1923
- Property Condition: Good
Lot Features
- Property View: See Remarks, Territorial
- Lot Size (Acres): 0.0689
- Lot Size (Sq. Ft.): 3,000
- Lot Size Source: KCR
- Topography: Level, Partial Slope
- Lot Features: Alley, Curbs, Open Space, Paved, Sidewalk
- Trees/Vegetation: Garden Space
Financial Considerations
- Tax Amount: $8,208
- Tax Year: 2025
- Terms: FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 6746700495
- Block: 5
- Lot Number: 11
Listed by Russ Katz | Windermere RE Magnolia | (206) 284-8989
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Schools
Schools serving 5231 12th Ave NE
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
McDonald International School 144 Northeast 54th Street, Seattle, WA 98105 | K-5 | 0.5 mi |
Green Lake Elementary School 2400 North 65th Street, Seattle, WA 98103 | PK-5 | 0.9 mi |
Hamilton International Middle School 1610 North 41st Street, Seattle, WA 98103 | 6-8 | 1.2 mi |
Lincoln High School, Seattle, WA 4400 Interlake Avenue North, Seattle, WA 98103 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5231 12th Ave NE
Date
Details
Price
Change
Source
5/15/2026
Listed
$900,000
190.32%
MLS
12/14/2001
Sold
$310,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5231 12th Ave NE
Year
Property Taxes
Change
Tax Assessment
Change
2026
$9,874
20%
$947,000
12%
2025
$8,208
9%
$842,000
-7%
2024
$7,505
-4%
$901,000
—
2022
$7,827
9%
$901,000
12%
2021
$7,194
—
$804,000
11%
2021
$7,194
3%
$723,000
2%
2020
$6,956
57%
$707,000
45%
2019
$4,441
-5%
$488,000
9%
2018
$4,653
15%
$448,000
12%
2017
$4,040
7%
$401,000
10%
2016
$3,771
-27%
$366,000
-31%
2015
$5,168
6%
$528,000
17%
2014
$4,873
—
$450,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5231 12th Ave NE
5231 12th Avenue NE, Seattle, WA 98105 (MLS# 2525024) is a Single Family property with 5 bedrooms and 2 full bathrooms. 5231 12th Avenue NE is currently listed for $900,000 and was received on May 15, 2026. Want to learn more about 5231 12th Avenue NE? Do you have questions about finding other Single Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

