About 5242 11 Avenue Ne
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.
Features of 5242 11 Avenue Ne
| MLS® # | 2525586 |
|---|---|
| Price | $980,000 |
| Bedrooms | 5 |
| Bathrooms | 1.75 |
| Full Baths | 1 |
| Square Footage | 1,570 |
| Acres | 0.07 |
| Year Built | 1908 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 5242 11 Avenue Ne |
|---|---|
| Area | 710 - North Seattle |
| Subdivision | University District |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98105 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
Interior
| Interior Features | Water Heater |
|---|---|
| Appliances | Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer |
| Heating | Forced Air |
| Cooling | None |
| Fireplace | No |
| Fireplaces | Gas |
Exterior
| Exterior Features | Wood Products |
|---|---|
| Foundation | Poured Concrete |
School Information
| District | Seattle |
|---|
Additional Information
| Date Listed | May 18th, 2026 |
|---|---|
| Days on Market | 101 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eLink Realty |
|---|