5018 20th Avenue NE, Seattle, WA 98105

$1,145,000
6
BD
3
BA
2,370
SqFt

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Listing Broker: Keller Williams Rlty Bellevue; Maggie Sun; 425-615-8293; maggie@maggiesunre.com

List Price
$1,145,000
Status
ACTIVE
MLS#
2582722
Price Change
▼ $105,000 1791610958
Days on Market
0
Bedrooms
6
Finished SqFt
2,370
Area Total SqFt
2370
Annual Tax Ammount
14534.27
Lot Size (sq ft)
3,700
Fireplace
Yes
Sewer
Sewer Connected

Property Description

Rare investment and development opportunity within walking distance to the University of Washington! This single-family home sits on a level, highly usable lot in an exceptional location with strong long-term potential. The existing home offers immediate flexibility for rental income, with potential use as rental housing or a boarding home, subject to applicable regulations and approvals. For builders and developers, the property may also offer exciting redevelopment possibilities, including townhomes or multifamily/apartment development, subject to zoning and City approval. A one-car garage provides additional parking and storage. With its flat lot, existing residence, outstanding proximity to UW, and multiple potential investment strategies, this property is an excellent opportunity for investors, developers, or builders looking to secure a well-located asset in one of Seattle’s most consistently in-demand rental areas. Buyer to verify zoning, development potential, cash flow investment, and permitting requirements to their satisfaction.

Additional Information

Community
University District
Style
18 - 2 Stories w/Bsmnt
Basement
Finished
Year Built
1920
Total Covered Parking
1
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Patio
Tax Year
2026
School District
Seattle
Elementary School
Laurelhurst
Middle School
Eckstein Mid
High School
Roosevelt High
Potential Terms
Cash, Conventional
Interior Features
Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Walk-In Closet(s)
Flooring
Vinyl Plank
Driving Directions
I-5 N Take exit 169 toward NE 50th St, Take NE 50th St to 20th Ave NE Merge onto 7th Ave NE, Turn right onto NE 50th St, Turn left onto 20th Ave NE
Appliance
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Basement
Energy Source
Electric, Natural Gas
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.
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