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$850,000
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Property Description
Turnkey duplex is a gem in Seattle's vibrant University District. Ideal for owners or investors targeting strong rental demand. Enjoy immediate cash flow with two fully rentable units optimized for flexibility: Unit A (Main) 2-bed, 1-bath ground lvl access and Unit B (Upper) 1-bed, 1-bath. At 1,540 rentable sq ft plus a storage basement, it's suited for long-term leases, short-term rentals, or Section 8. Recent upgrades enable above-market rents where demand exceeds supply. FIFA World Cup & Airbnb forecasts $1200 per night in June and $4,000 per night in early July. Located steps from UW campus & Ave Shops. Short drive to Lumen Field and 5 minute bike/scooter or 15 minute walk to light rail.
Full Property Details
Full Property Details for 5248 11th Ave NE
General
- Sold For: $850,000
- Taxes: $7,797 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2498534
- Added to Site: 53 day(s) ago
Rental Information
- Short Term: Yes
Interior
- Flooring: Softwood, Vinyl Plank, Carpet
Parking
- Uncovered Spaces: 2
Location
- Area: 710 - North Seattle
- County: King
- Subdivision: University District
- Building Name: PETTITS UNIVERSITY ADD PLAT
- Driving Directions: GPS Accurate: I-5 north to 50th St Exit and East to 11th Ave NE then North to 52nd St. Take first Alley on the left and property is on the left. 2-parkin spaces off-street
School Information
- High School District: Seattle
- Elementary School: Mc Donald Elem
- Middle School: Hamilton Mid
- High School: Lincoln High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 1,540
- Year Built: 1908
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.0689
- Lot Size (Sq. Ft.): 3,000
- Lot Size Source: Public Records
- Lot Dimensions: 100' x 30'
- Lot Features: Alley, Paved, Sidewalk
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $7,797
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 6746700595
- Block: 5
- Lot Number: 32
Listed by Jack Malek | Windermere RE Greenwood | (206) 527-5250
Sold by Umar Saeed | Marketplace Sotheby's Intl Rty
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Schools
Schools serving 5248 11th 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 | 0.8 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 | 1.2 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 5248 11th Ave NE
Date
Details
Price
Change
Source
4/24/2026
Sold
$850,000
3.03%
MLS
3/27/2026
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5248 11th Avenue NE, Seattle, WA 98105 (MLS# 2498534) is a Multi-Family property that was sold at $850,000 on April 24, 2026. Want to learn more about 5248 11th Avenue NE? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

