5248 11th Avenue NE Seattle, WA $ 825,000
5248 11th Avenue NE
$ 825,000
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5248 11th Avenue NE

Seattle, WA, 98105
$ 825,000
Baths0.0 Sq 1,540

Monthly Estimate*

$ 5,080

Listed by Windermere RE Greenwood
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Studio

Multi-Family Home for sale in Seattle, WA

for $825,000. This 1,540 square foot home was built in 1908 on a lot size of 0.0689.

Turnkey duplex is a gem in Seattle's vibrant University District. Ideal for owners or investors targeting strong rental demand from UW students, young professionals, and event-goers. 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 for singles or students. 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.

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Multi-Family Pending

Price

$ 825,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,797

Style

Duplex

Lot Size

0.0689

Year Built

1908

Town/City

Seattle

County/Region

King

MLS | Web ID

2498534

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Window Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1908
Property Subtype Multi Family
Tax Year 2025
Building Name PETTITS UNIVERSITY ADD PLAT
County King
Net Operating Income 37101
Insurance Expense 1764
New Construction N
Property Type Residential Income
HOA N
Subdivision Name University District
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
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
High School Lincoln High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 710 - North Seattle
Lot Size Units Square Feet
Lot Size Square Feet 3000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Mc Donald Elem
Tax Annual Amount 7797
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Hamilton Mid
Public Remarks Turnkey duplex is a gem in Seattle's vibrant University District. Ideal for owners or investors targeting strong rental demand from UW students young professionals and event-goers. Enjoy immediate ca
Leasable Area 1540
Structure Type Duplex
Building Area Units Square Feet
Standard Status Pending
Amenities Basement
Water Company Seattle PUD
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 1788
Property Style 52 - Duplex
Cap Rate 4.5
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Exterior
Exterior Amenities Wood
Lot Features Alley Paved Sidewalk
Water Source Public
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 1540
Lot Dimensions 100'X30'
Lot Size Acres 0.0689
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 2
Lot Number 32
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Interior
Flooring Softwood Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
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 NWM2498534
Street Number 1 5248
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* Excluded Features
List By
Jack Malek

Listing Agent

Windermere Re Greenwood

Broker

Affordability Calculator

$5,729
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,080
Monthly Property Taxes
$650
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
5057770 Elementary School
257475 Middle School
Lincoln High High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$825,000 Listed Price

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5248 11th Avenue NE, Seattle, WA, 98105 is a Multi-Family Home for sale at $825,000 with 1,540 sqft and a lot size of 0.0689. 5248 11th Avenue NE is a studio with 0.0 baths and was built in 1908. The property's zip code is 98105 which is in Seattle, WA