Listing provided courtesy of Windermere RE MagnoliaNWMLSMLS# NWM2525024MLS Provider
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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.

Source: NWMLS, MLS#: NWM2525024

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  • Property Type
    Residential
  • Lot
    0.07 acres

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  • Median Age
    24
  • Population Density
    8,067
  • College Educated
    81%
  • Estimated Median Income
    $67,449
  • Estimated Total Home Owners
    5,615
  • Estimated Total Renters
    11,717
  • Owner / Renter Divide
    32% / 68%
  • Estimated Average Household Size
    2
  • Total Population
    52,290
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5231 12th Avenue NE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/7/2026Source: NWMLS Status Change
Active
6/7/2026Source: NWMLS Status Change
Active
6/1/2026Source: NWMLS Status Change
Pending Inspection
6/1/2026Source: NWMLS Status Change
Pending Inspection
5/15/2026Source: NWMLS Added to Database
May 15, 2026
5/15/2026Source: NWMLS Added to Database
May 15, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021