Emma Lazo

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Listing provided courtesy of eLink RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2525586MLS Provider

5242 11 Avenue NESeattle, WA 98105

Single Family · 5 Beds · 1 Full Bath · 1 Three Quarter Bath · 1,880 Sq. ft. | 0.07 Acres
$980,000 Active

5242 11 Avenue NE Overview

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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.

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5242 11 Avenue NE Facts & Features

  • Type Single Family
  • Sq. ft. 1,880
  • Price/Sq.ft. $521
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle

Building Information

  • Building Name: Pettit's University Addition
  • New Construction: No
  • Year Built: 1908

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 710 - North Seattle
  • Subdivision Name: University District

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $9,725.60
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA
  • Parcel Number: 674670060500
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 5
  • Bedrooms Lower: 0
  • Bedrooms Possible: 5
  • Bedrooms Upper: 2

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1880
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1880
  • Square Footage Finished: 1570
  • Square Footage Unfinished: 310

General Information

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: Unfinished
  • Cooling: No
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Engineered Hardwood
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Water Heater
  • Levels: Two
  • Living Area: 1570
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Power Production Type: Natural Gas

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Off Street
  • Parking Total: 1
  • Parking Uncovered Total: 1

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Dimensions: 30' X 100'
  • Lot Size Square Feet: 3000
  • Lot Size Units: Square Feet
  • Topography: Level, Partial Slope, Terraces
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Direction Faces: West
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood Products
  • Sewer: Sewer Connected

Room Information

    Room: Bathroom Three Quarter

    • Level: Main

    Room: Bedroom

    • Level: Main

    Room: Bedroom

    • Level: Main

    Room: Den/Office

    • Level: Main

    Room: Dining Room

    • Level: Main

    Room: Entry Hall

    • Level: Main

    Room: Family Room

    • Level: Main

    Room: Kitchen With Eating Space

    • Level: Main

    Room: Living Room

    • Level: Main

    Room: Primary Bedroom

    • Level: Main

    Room: Bathroom Full

    • Level: Second

    Room: Bedroom

    • Level: Second

    Room: Bedroom

    • Level: Second

    5242 11 Avenue NE Neighborhood

    Community

    98105 (SEATTLE) Demographics

    24
    Median Age
    8,067
    Population Density (per sq. mile)
    81%
    College Educated
    $67,449
    Estimated Median Income
    5,615
    Estimated Total Home Owners
    11,717
    Estimated Total Renters
    32% / 68%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    5242 11 Avenue NE Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    5242 11 Avenue NE Market Data

    Based on the last 30 days in this zip code

    $1,699,848
    Average List Price
    $762
    Average Price per Square Foot
    21
    Properties Sold
    59
    Average Days on Market
    126
    Properties for Sale
    Calculations provided by Reliance Network

    5242 11 Avenue NE History

    Date Event Value Agent
    5/18/2026Source: NWMLS Added to Database
    May 18, 2026