5230 16th Avenue NE Seattle, WA ^$ 2,550,000

5230 16th Avenue NE

^$ 2,550,000

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5230 16th Avenue NE

Seattle, WA, 98105

^$ 2,550,000

Bedrooms11 Baths4.1 Sq 4,030

Monthly Estimate*

^$ 15,701

Listed by Real Property Associates

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Single Family Home for sale in Seattle, WA

for $2,550,000 with 11 bedrooms and 4 full baths, 1 half bath. This 4,030 square foot home was built in 1922 on a lot size of 0.0992.

Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room, new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District.

Single Family Active

Price

^$ 2,550,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 14,585

Style

2 Stories w/Bsmnt

Lot Size

0.0992

Year Built

1922

Town/City

Seattle

County/Region

King

MLS | Web ID

2497174

Features

General

Living Area 4030

Sewer Sewer Connected

Heating Ductless Radiant

Cooling Ductless

Possession Closing Subject To Tenant Rights

Roof Composition

HOA Fee 0

Year Built 1922

Levels Two

Property Subtype Single Family Residence

Tax Year 2025

County King

New Construction N

Property Type Residential

HOA N

Attached Garage N

Subdivision Name University District

Full Baths 2

Special Listing Conditions None

Status Active

Directions GPS Accurate

City Seattle

Entry Location Main

Senior Community Y/N N

High School District Seattle

MLS Area 710 - North Seattle

Lot Size Units Square Feet

Lot Size Square Feet 4320

Carport Y/N N

Listing Terms Cash Conventional

Land Lease Y/N N

Tax Annual Amount 14585

Public Remarks Rare University District income property with 8-bed main house + newer 3-bed DADU generating $15 100/month ($181 200/year) in rental income with true zero vacancy. Tenants pay all utilities and the p

Structure Type House

Building Area Units Square Feet

Standard Status Active

Property Style 18 - 2 Stories w/Bsmnt

Interior

Basement Finished

Total Fireplaces 0

Fireplace Features Wood Burning

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Half Baths 1

3/4 Baths 2

Total Bedrooms 11

Main Level Bedrooms 0

Total Baths 5

Power Production Type Electric Natural Gas

Baths Three Quarter Garage 0

Baths Three Quarter Lower 0

Baths Three Quarter Main 1

Baths Three Quarter Upper 1

Bedrooms Lower 4

Bedrooms Upper 7

Baths Half Upper 0

Baths Half Main 1

Baths Half Lower 0

Baths Half Garage 0

Baths Full Upper 1

Baths Full Main 0

Baths Full Lower 1

Baths Full Garage 0

Bathrooms 4

Exterior

Exterior Amenities Wood Wood Products

Parking Features Off Street

Water Source Public

Total Parking 3

Foundation Details Poured Concrete

Building Area Total 4030

Lot Size Acres 0.0992

Waterfront Y/N N

Covered Spaces 0

Irrigation Water Rights Y/N N

Site Features Cable TV Deck Electric Car Charging Gas Available High Speed Internet Patio

Parking Uncovered Total 3

Internal Only

OriginalMLSID NWM2497174

Street Number 1 5230

* Excluded Features

List By

Paul Jackson

Listing Agent

Real Property Associates

Broker

Affordability Calculator

$16,916

Per Month

Monthly Principal & Interest: $15,701
Monthly Property Taxes: $1,215
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Single family listings in Seattle, WA

Average List Price ^$1,230,816

Percent of Sale Price 52%

About Seattle, WA

718,877 Population

28% Since 2002

^$81,312 Median Income

39.1 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

257829 Elementary School

258279 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2026	$2,550,000		Listed Price

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5230 16th Avenue NE, Seattle, WA, 98105 is a Single Family Home for sale at $2,550,000 with 4,030 sqft and a lot size of 0.0992. 5230 16th Avenue NE has 11 bedrooms, 4.1 baths, and was built in 1922. The property's zip code is 98105 which is in Seattle, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Northwest Multiple Listing Service

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northwest Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2026.

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5230 16th Avenue NE

Single Family Home for sale in Seattle, WA

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