University District Homes with 52 - Duplex Style

Welcome to the vibrant University District of Ellensburg, Washington – a charming neighborhood that perfectly balances the energy of student life with the tranquility of suburban living. Nestled near Central Washington University, this area is not only a hub for academic pursuits but also offers a welcoming community atmosphere that appeals to families, professionals, and students alike.

The University District is characterized by its tree-lined streets, beautiful parks, and a rich tapestry of local shops and cafes that create a lively, engaging environment. Residents enjoy the convenience of nearby amenities, including grocery stores, restaurants, and cultural venues. The proximity to the university fosters a dynamic and diverse community, making it an ideal place for those who appreciate an active lifestyle filled with arts, outdoor activities, and social events.

One of the standout options for potential homeowners in this neighborhood is the availability of duplex-style homes. These properties are perfect for those looking to invest in real estate while enjoying the benefits of shared living spaces. With their efficient layouts and modern designs, duplex homes offer flexibility and comfort, making them ideal for families or individuals seeking a home that accommodates both privacy and community.

The University District in Ellensburg is not just a place to live; it’s a place to thrive. With its unique blend of academic energy, community spirit, and appealing housing options, it’s no wonder that this neighborhood is a sought-after destination for homebuyers. Experience the charm of the University District – where your next chapter awaits!

Newest University District Homes with 52 - Duplex Style

$1,956,800

2561050 MLS ⋅ ACTIVE Status

Prime U-District Investment & Development Opportunity! Rare fully leased duplex on a large 6,599 SF lot in the heart of the University District. Zoned MR (M1) with an 80-ft height limit, 4.5 FAR, and no min. parking requirement, offering massive long-term redevelopment upside. The well-maintained property features a spacious 7-bed/2-bath main unit with updated luxury vinyl plank flooring and a 2-bed/1-bath basement unit leased to a long-term tenant. Additional amenities include an on-site common area laundry room equipped with a washer and dryer. Total units generate steady income for the 2026–2027 academic year while you plan your project. Survey and geotechnical reports available. Unbeatable walk score just blocks to the University of Washington, UW Medical Center, Link Light Rail Station, restaurants, shopping, and I-5. Perfect cash-flowing asset, land-hold investment, or future multifamily site. Do not disturb tenants.

4247 7th Avenue NE, Seattle

Listing courtesy of Prolink Realty, LLC.

$1,750,000

2537397 MLS ⋅ ACTIVE Status

11BD/5BA Rooming House. This unique property consists of a 1910 construction 3,900 sq ft building with a mix of apartment units and rooms with shared spaces, well suited to the University/Ravenna rental market. Ravenna House is ideally positioned to meet the high demand for student housing with its proximity to the University of Washington campus, University Village, and convenient access to Sound Transit link light rail and bus lines for quick commutes to downtown Seattle. Legally a duplex, the building comprises of 11 bedrooms and 5 bathrooms. This property offers an excellent investor opportunity to acquire a property that is primed for future appreciation in one of the city’s best rental markets and has additional value potential through renovation.

5604 17th Avenue NE, Seattle

Listing courtesy of Westlake Associates, Inc..

$2,550,000

2493978 MLS ⋅ ACTIVE Status

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.

5230 16th Avenue NE, Seattle

Listing courtesy of Real Property Associates.

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