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Listed price in listed location currency (USD).
$2,550,000

1153

MLS® 2497174

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 4030 sqft
Garage 
Taxes $14,585
Days Active 39
Lot Size 
Approx. Age 1922
Avg. Price Per Sqft $632
MLS® Number 2497174

Property Address: 5230 16th Ave Ne, Seattle, WA, 98105-3405

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number2497174
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1922
BasementFinished
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Main FloorNot available
Other:Second FloorNot available
Other:Second FloorNot available
Other:Second FloorNot available
Other:Lower LevelNot available
Dining Room:Main FloorNot available
Other:Main FloorNot available
Other:Main FloorNot available
Living Room:Main FloorNot available
Utility Room:Lower LevelNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$2,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
5230 16Th Ave Ne, Seattle, WA

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