James & Angie Smith

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Listing provided courtesy of Windermere Real Estate/EastNWMLSas Distributed by MLSGrid- MLS# NWM2353618MLS Provider

5016 7th Ave NeSeattle, WA 98105

Single Family · 7 Beds · 1 Full Bath · 1 Three Quarter Bath · 3,000 Sq. ft. | 0.10 Acres
$975,000 Active

5016 7th Ave Ne Overview

Visits:
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Investment-ready property with over 20 years of successful rental history. This classic craftsman is ideally located close to the University of Washington, making it a perennial favorite for long-term tenants. The fully furnished property features spacious, well-maintained rooms, large shared living areas, two hot water heaters and two refrigerators. Separate entrance and downstairs kitchenette provide a compelling opportunity for multi-unit income potential. Additional amenities include free laundry, off-street alley parking for 3 cars, a detached garage, & secure bike storage. Outdoor features include a back deck & a private, fenced yard with street & alley access. Close to Trader Joe’s, UW, & I-5. With its prime location, consistent income performance, and strong occupancy history, this property represents a dependable addition to any investment portfolio. A lease is already secured for the upcoming school year.

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5016 7th Ave Ne Facts & Features

  • Type Single Family
  • Sq. ft. 3,000
  • Price/Sq.ft. $325
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: Green Lake
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High

Building Information

  • New Construction: No
  • Year Built: 1927

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 710 - North Seattle
  • Subdivision Name: University District

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $8,839.09
  • Tax Year: 2025

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional
  • Parcel Number: 2862100955
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 7
  • Bedrooms Lower: 3
  • Bedrooms Possible: 7
  • Bedrooms Upper: 2

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 3000
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3000
  • Square Footage Finished: 3000
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: Daylight
  • Cooling: No
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Foundation Details: Block
  • Heating: Yes
  • Interior Features: Dining Room, Fireplace, Walk-In Closet(s)
  • Levels: Two
  • Living Area: 3000
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Power Production Type: Natural Gas
  • Security Features: Partially Fenced

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Detached Garage, Off Street

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Alley, Sidewalk
  • Lot Size Square Feet: 4280
  • Lot Size Units: Square Feet
  • Site Features: Deck, Fenced-Partially, Patio
  • Topography: Partial Slope
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Methods: Standard Frame
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 1
  • Exterior Features: Cement Planked
  • Sewer: Available

Room Information

Room: Bathroom Three Quarter

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Utility Room

  • Level: Lower

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Family Room

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Living Room

  • Level: Main

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

5016 7th Ave Ne Neighborhood

Community

98105 (Seattle) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5016 7th Ave Ne Monthly Cost

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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.

5016 7th Ave Ne Market Data

Based on the last 30 days in this zip code

$1,697,999
Average List Price
$764
Average Price per Square Foot
23
Properties Sold
60
Average Days on Market
124
Properties for Sale
Calculations provided by Reliance Network

5016 7th Ave Ne History

Date Event Value Agent
6/15/2026Source: NWMLS Price Reduction
$975,000 -7.1%
5/28/2026Source: NWMLS Price Reduction
$1,050,000 -4.5%
2/2/2026Source: NWMLS Price Reduction
$1,100,000 -8.3%
7/31/2025Source: NWMLS Price Reduction
$1,200,000 -4.0%
6/2/2025Source: NWMLS Price Reduction
$1,250,000 -2.0%
4/10/2025Source: NWMLS Added to Database
April 10, 2025