5031 12th Avenue NE, Seattle, WA 98105

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing Broker: Keller Williams Realty Bothell; Corey Crain; ; Selling Office: Jason Mitchell Real Estate WA.

Sold Price
$960,000
List Price
$985,000
Status
SOLD
MLS#
2457971
Closing Date
Feb 26, 2026
Days on Market
78
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,080
Area Total SqFt
2080
Annual Tax Ammount
6948
Lot Size (sq ft)
1,471
Sewer
Sewer Connected

Property Description

Washington House, a classic duplex in the heart of the University District, just a short walk from University of Washington campus. Built in 1906, this well-maintained property offers two self-contained units — each with its own kitchen, living room, and laundry — in a charming, quiet residential pocket near I-5 and light-rail/transit routes. • Unit 1: 5 bedrooms / 1.5 baths — currently rented for $4,395/month • Unit 2: 2 bedrooms / 1 bath — rented for $1,900/month Historically leased a full year in advance to groups of students, this property delivers stable cash flow and rental income that outpaces many Seattle-area rentals. Tenants are in place — please respect their privacy and do not disturb.

Additional Information

List Date
2025-12-10 00:00:00
Community
University District
Net Operating Income
$63,342
Gross Adjusted Income
$75,540
Gross Scheduled Income
$75,540
Total Monthly Income
$6,295
Insurance Expenses
$1,124
Gross Rent Multiplier
7.67
Total Expenses
$12,198
Cap Rate
6.43
Total Number of Units
2
Unit Name
5031
Potential Terms
Cash, Conventional, FHA
Year Built
1906
Roof
Composition
Other Expenses
4126
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$6,295
Gross Scheduled Income
$75,540
Gross Adjusted Income
$75,540
Tax Year
2025
Insurance Expense
$1,124
Total Expenses
$12,198
Net Operating Income
$63,342
Gross Rent Multiplier
7.67
Cap Rate
6.43
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks