5231 12th Avenue NE Seattle, WA $ 900,000
5231 12th Avenue NE
$ 900,000
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5231 12th Avenue NE

Seattle, WA, 98105
$ 900,000
Baths0.0 Sq 2,210

Monthly Estimate*

$ 5,541

Listed by Windermere RE Magnolia
5231 12th Avenue NE, Seattle, WA 98105 - Image 1
5231 12th Avenue NE, Seattle, WA 98105 - Image 2
5231 12th Avenue NE, Seattle, WA 98105 - Image 3
5231 12th Avenue NE, Seattle, WA 98105 - Image 4
5231 12th Avenue NE, Seattle, WA 98105 - Image 5
5231 12th Avenue NE, Seattle, WA 98105 - Image 6
5231 12th Avenue NE, Seattle, WA 98105 - Image 7
5231 12th Avenue NE, Seattle, WA 98105 - Image 8
5231 12th Avenue NE, Seattle, WA 98105 - Image 9
5231 12th Avenue NE, Seattle, WA 98105 - Image 10
5231 12th Avenue NE, Seattle, WA 98105 - Image 11
Studio

Multi-Family Home for sale in Seattle, WA

for $900,000. This 2,210 square foot home was built in 1923 on a lot size of 0.0689.

Ideal Investment in Seattle's vibrant University/Roosevelt District. Perfect for owners or investors targeting strong rental demand. Both units are currently occupied, total rents are $5,000/month. Main unit has 4 beds (3 upstairs) with large living room with fireplace and full kitchen with peninsula/breakfast bar seating. Lower unit is 1 bed/1bath with its own laundry and separate entrance and yard/garden space off alley. There's also parking for multiple vehicles off alley. New exterior paint and interior condition is typical for area. Enjoy immediate cash flow with this property as it's suited for both long-term leases or short-term rentals. Stroll to UW campus and the Ave shops. Easy access to multiple Seattle neighborhoods and SLU/downtown too with Link Light Rail and I-5. This area attracts those seeking active lifestyles, transit connectivity, and proximity to major employment centers. Continued neighborhood growth support long-term rental stability and occupancy. This is a home run option to start a real estate portfolio or add to your existing holdings.

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Multi-Family Active

Price

$ 900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,208

Style

Duplex

Lot Size

0.0689

Year Built

1923

Town/City

Seattle

County/Region

King

MLS | Web ID

2522165

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession See Remarks Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1923
View See Remarks Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Pettits University Add
County King
Net Operating Income 43125
Insurance Expense 2245
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Roosevelt
Possible Use Residential
Special Listing Conditions None
Status Active
Directions From 50th and 12th Ave NE. Head north on 12th 2 blocks home is on your left.
High School Lincoln High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Residential
Number Of Units Total 2
MLS Area 710 - North Seattle
Lot Size Units Square Feet
Lot Size Square Feet 3000
Carport Spaces 2
Carport Y/N N
Listing Terms FHA VA Loan
Elementary School Green Lake
Tax Annual Amount 8208
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Hamilton Mid
Property Condition Good
Public Remarks Ideal Investment in Seattle's vibrant University/Roosevelt District. Perfect for owners or investors targeting strong rental demand. Both units are currently occupied total rents are $5 000/month. Ma
Leasable Area 2210
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Seattle
Units Below Grade true
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0
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Exterior
Exterior Amenities Wood Products
Lot Features Alley Curbs Open Space Paved Sidewalk
Water Source Public
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 2210
Lot Size Acres 0.0689
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Gas Available High Speed Internet Patio
Parking Uncovered Total 2
Lot Number 11
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Interior
Flooring Ceramic Tile Hardwood Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2522165
Street Number 1 5231
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* Excluded Features
List By
Russ Katz

Listing Agent

Windermere Re Magnolia

Broker

Affordability Calculator

$6,225
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$684
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
256588 Elementary School
257475 Middle School
Lincoln High High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$900,000 Listed Price

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5231 12th Avenue NE, Seattle, WA, 98105 is a Multi-Family Home for sale at $900,000 with 2,210 sqft and a lot size of 0.0689. 5231 12th Avenue NE is a studio with 0.0 baths and was built in 1923. The property's zip code is 98105 which is in Seattle, WA