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$980,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,880 Sq. Ft.
  • Updated 3 days ago

Listed by Gang Yang | eLink Realty | (206) 388-1887

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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.

Full Property Details for 5242 11th Ave NE

General

  • Price: $980,000
  • Taxes: $9,725 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2525586
  • Updated: 5/18/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Water Heater
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Engineered Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Upper - Full Baths: 1
  • Main Floor Baths: 1
  • Main - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Upper: 2
  • Bedrooms Main: 3

Parking

  • Uncovered Spaces: 1
  • Parking Features: Off Street

Location

  • Area: 710 - North Seattle
  • County: King
  • Subdivision: University District
  • Building Name: Pettit's University Addition
  • Driving Directions: From NE 50th St. turn north onto 11th Ave NE.
  • Direction Faces: West

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Water Heater: Gas

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood Products
  • Basement Desc.: Unfinished
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 1,880
  • Finished Total: 1,570 Sq. Ft.
  • Unfinished Total: 310 Sq. Ft.
  • Year Built: 1908

Lot Features

  • Lot Size (Acres): 0.0689
  • Lot Size (Sq. Ft.): 3,000
  • Lot Size Source: County Record
  • Lot Dimensions: 30' x 100'
  • Topography: Level, Partial Slope, Terraces

Financial Considerations

  • Tax Amount: $9,725.6
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 674670060500
  • Block: 5
  • Lot Number: 34

Listed by Gang Yang | eLink Realty | (206) 388-1887

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Schools serving 5242 11th Ave NE

School District:Seattle School District
NameGradesDistance
McDonald International School
144 Northeast 54th Street, Seattle, WA 98105
K-50.5 mi
Green Lake Elementary School
2400 North 65th Street, Seattle, WA 98103
PK-50.8 mi
Hamilton International Middle School
1610 North 41st Street, Seattle, WA 98103
6-81.2 mi
Lincoln High School, Seattle, WA
4400 Interlake Avenue North, Seattle, WA 98103
9-121.2 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 5242 11th Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/18/2026
Listed
$980,000
5.38%
MLS
4/24/2023
Sold
$930,000
—
Public Record
Get Price Alerts and Save Property
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 for 5242 11th Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,394
20%
$971,000
3%
2024
$7,858
-4%
$947,000
—
2022
$8,201
9%
$947,000
12%
2021
$7,539
—
$845,000
11%
2021
$7,539
3%
$760,000
2%
2020
$7,289
25%
$743,000
13%
2019
$5,825
-5%
$655,000
9%
2018
$6,116
15%
$601,000
12%
2017
$5,307
7%
$538,000
10%
2016
$4,957
14%
$491,000
11%
2015
$4,361
6%
$441,000
17%
2014
$4,112
—
$376,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Gang Yang | eLink Realty | (206) 388-1887

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5242 11 Avenue NE, Seattle, WA 98105 (MLS# 2525586) is a Single Family property with 5 bedrooms, 1 full bathroom and 1 partial bathroom. 5242 11 Avenue NE is currently listed for $980,000 and was received on May 18, 2026. Want to learn more about 5242 11 Avenue NE? Do you have questions about finding other Single Family real estate for sale in Broadway? You can browse all Broadway real estate or contact a Coldwell Banker agent to request more information.

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