5045 37th Avenue S Seattle, WA $ 825,000
5045 37th Avenue S
$ 825,000
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5045 37th Avenue S

Seattle, WA, 98118
$ 825,000
Baths0.0 Sq 1,900

Monthly Estimate*

$ 5,080

Listed by COMPASS
5045 37th Avenue S, Seattle, WA 98118 - Image 1
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Studio

Multi-Family Home for sale in Seattle, WA

for $825,000. This 1,900 square foot home was built in 1920 on a lot size of 0.0496.

Turnkey duplex opportunity in the heart of Columbia City that is great for house hacking by living in one of the units or renting out both for cashflow. This well-maintained property features two updated units: Unit A features a 3-bedroom, 1-bath floorplan and Unit B features a 2-bedroom, 1-bath floorplan. Both units are currently tenant-occupied, providing immediate rental income for the next owner but also with potential to live in one of the units while renting out the other. Each unit has been thoughtfully updated with modern finishes with its own individual washer & dryer, helping minimize near-term maintenance while offering comfortable living spaces. Generous interiors and functional floor plans make the property well-suited for long-term rental use. Conveniently located just steps away from the Light Rail, as well as local shops, dining, and parks in Columbia City. A compelling opportunity for investors seeking a well-kept, income-producing property in a central Seattle location. The duplex comes pre-inspected.

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Multi-Family Active

Price

$ 825,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,711

Style

Duplex

Lot Size

0.0496

Year Built

1920

Town/City

Seattle

County/Region

King

MLS | Web ID

2493055

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession See Remarks Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1920
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 44839
Insurance Expense 900
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Columbia City
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Use GPS
High School Franklin High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Residential
Number Of Units Total 2
MLS Area 380 - Southeast Seattle
Lot Size Units Square Feet
Lot Size Square Feet 2159
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Hawthorne
Tax Annual Amount 7711.34
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Aki Kurose
Property Condition Very Good
Public Remarks Turnkey duplex opportunity in the heart of Columbia City that is great for house hacking by living in one of the units or renting out both for cashflow. This well-maintained property features two upd
Leasable Area 1900
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Seattle Public Utilities
Units Below Grade true
Units In Building Total 2
Water Sewer Garbage 3010
Property Style 52 - Duplex
Cap Rate 5.4
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Exterior
Exterior Amenities Cement Planked Wood Wood Products
Lot Features Curbs Paved Sidewalk Value In Land
Water Source Public
Foundation Details Poured Concrete
Building Area Total 1900
Lot Size Acres 0.0496
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet
Parking Uncovered Total 0
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2493055
Street Number 1 5045
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* Excluded Features
List By
Peng Tea

Listing Agent

Compass

Broker

Affordability Calculator

$5,722
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,080
Monthly Property Taxes
$643
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1884214 Elementary School
257906 Middle School
Franklin High High School
Pricing History
DatePricePrice ChangeDescription
3/18/2026$825,000 Listed Price

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5045 37th Avenue S, Seattle, WA, 98118 is a Multi-Family Home for sale at $825,000 with 1,900 sqft and a lot size of 0.0496. 5045 37th Avenue S is a studio with 0.0 baths and was built in 1920. The property's zip code is 98118 which is in Seattle, WA