$1,325,000
 $7,113 est/mo Sourced by Back At You

5030 15th Avenue 1-5,Seattle, WA 98105

Seattle, WA 98105

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Description

Ideally located just a few blocks north of the University of Washington campus, this 5-unit multifamily apartment community is within walking distance of The Ave's retail and dining corridor and benefits from the neighborhood's excellent transit connectivity. The property features a desirable unit mix of two one-bedroom and three two-bedroom units, averaging approximately 763 square feet. The building has a pitched composition roof. Two units have been recently renovated, and capital improvements include an updated electrical system with Square D panels, new sewer lines and dual-pane windows throughout, reducing near-term capex exposure for a new owner. The three remaining classic units offer rent upside upon turnover, giving investors a phased value-add path rather than requiring day-one repositioning. Five off-alley parking spaces, a meaningful advantage in this parking-constrained submarket, plus on-site laundry and storage round out the offering, supporting both tenant retention and ancillary income potential. Offered at $265,000 per unit and below $350 per square foot, the property presents an attractive basis and offers long-term stability close to the city's largest institutions.

Details

MLS #2583445
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1911
Days On Site8
Listing Provided ByKidder Mathews | Dan Swanson

Features

SQ Feet4,005
Story(s)3
Units5
ZoningMulti-Family
Acreage0.10

Taxes

Property13209

Area Information

StateWA
CountyKing
CitySeattle
Zip Code98105
Area710 North Seattle
Community NameUniversity District
School DistrictRoosevelt High
Elementary SchoolLaurelhurst
High SchoolRoosevelt High
Listing VS Median (in University District)
Price:
$1,325,000
low | high
Med:
$729,500
94.943396226415% of Average
sqft:
4,005
low | high
Med:
700
100% of Average
$ / sqft:
$331
low | high
Med:
$1,042
100% of Average
On site:
8
low | high
Med:
76
10.526315789474% of Average
Sourced by Back At You

Market Activity 98105

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Learn More About This Property

StateWA
CountyKing
CitySeattle
Zip Code98105
Area710 North Seattle
Community NameUniversity District
School DistrictRoosevelt High
Elementary SchoolLaurelhurst
High SchoolRoosevelt High
Listing VS Median (in University District)
Price:
$1,325,000
low | high
Med:
$729,500
94.943396226415% of Average
sqft:
4,005
low | high
Med:
700
100% of Average
$ / sqft:
$331
low | high
Med:
$1,042
100% of Average
On site:
8
low | high
Med:
76
10.526315789474% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $993K - $1.656M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
5009 16th Avenue Property Photo 1
$6,850
5009 16th Avenue
Seattle, WA 98105
Listing Updated: September 16, 2026 at 10:19:47 AM PDT