Seattle, WA 98105 5224 12th Avenue NE
$1,590,000
20 more
Presented By: eLink Realty and NWMLS
- MLS# 2356918
- 04/08/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,590
Home Details
Investors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental income from unlimited incoming UW students in the future. Many new renovations made in the last few year, cap rate at 4.63%. Preleased $7,340/month from 9/1/2025 to 8/31/2026. Rent to 2 groups of tenants. Tenants pay all utilities. 2 private parking in alley. Dream for investor and best deal on the market.
Presented By: eLink Realty and NWMLS
Interior Features for 5224 12th Avenue NE
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Laminate
Heating Y/NYes
Interior AmenitiesCeramic Tile, Laminate
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories3
General for 5224 12th Avenue NE
Building Area UnitsSquare Feet
Cap Rate4.63
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGPS
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air
High School DistrictSeattle
Insurance Expense4539
Leasable Area3590
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet3500
Lot Size UnitsSquare Feet
MLS Area710 – North Seattle
ModificationTimestamp2025-04-09T17:40:31.000Z
NWM_ShowMapLinkY
Net Operating Income73628
New ConstructionNo
Number Of Units Total2
Open Parking Spaces2
Possible UseResidential
Property ConditionGood
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksInvestors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental inco
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameUniversity District
Tax Annual Amount9913
Tax Year2024
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanyCity of Seattle
Water Sewer Garbage0
Year Built1909
Zoning DescriptionResidential
Exterior for 5224 12th Avenue NE
Building Area Total3590
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Sidewalk
Lot Size Acres0.0803
Parking Uncovered Spaces2
Site FeaturesFenced-Partially
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®