Lana Anderson

5016 7th Ave Ne

Seattle, WA
$ 925,000 Beds 7 Baths 2 Sq 3,000 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 925,000
  • City
  • Seattle
  • Bedrooms
  • 7
  • Full Bathrooms
  • 2
  • County
  • KING
  • Half Bathrooms
  • 0
  • Area
  • North Seattle
  • Lot Size
  • 0.0983 Acres
  • Zip
  • 98105
  • Sqr Footage
  • 3,000
  • Year Built
  • 1927
  • Taxes
  • $ 8839
  • Style
  • 2 Stories w/Bsmnt
  • MLS#
  • 2353618
Listed By: Windermere Real Estate/East and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 3000
Sewer Available
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Appliances Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer
Security Features Partially Fenced
Year Built 1927
Topography Partial Slope
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County King
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name University District
Garage Y/N Yes
Full Baths 1
Special Listing Conditions None
Status Active
Directions from I-5 south take exit 169 toward NE 50th St,Merge onto 5th Ave NE,Turn left onto NE 50th St,Turn left at the 1st cross street onto 7th Ave NE. 5016 is on your right.
High School Lincoln High
City Seattle
Entry Location Main
Senior Community Y/N No
High School District Seattle
MLS Area 710 - North Seattle
Lot Size Units Square Feet
Lot Size Square Feet 4280
Carport Y/N No
Listing Terms Cash,Conventional
Elementary School Green Lake
Land Lease Y/N No
Tax Annual Amount 8839.09
Middle/Junior High School Hamilton Mid
Public Remarks 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
Virtual Tour https://real-estate.aryeo.com/videos/0196068f-c2a9-700b-926e-b5078724ff06
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Seattle Public Utilities
Total Actual Rent 6500
Property Style 18 - 2 Stories w/Bsmnt
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Dining Room,Fireplace,Walk-In Closet(s)
Basement Daylight
Flooring Ceramic Tile,Hardwood,Carpet
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
3/4 Baths 1
Total Bedrooms 7
Main Level Bedrooms 2
Total Baths 2
Bedrooms Possible 7
Water Heater Location Lower level utility room
Fireplaces Main 1
Power Production Type Natural Gas
Baths Three Quarter Lower 1
Bedrooms Lower 3
Bedrooms Upper 2
Baths Full Main 1
Bathrooms 1.75

Exterior Features

Exterior Amenities Cement Planked
Parking Features Detached Garage,Off Street
Lot Features Alley,Sidewalk
Water Source Public
Inclusions Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Block
Building Area Total 3000
Lot Size Acres 0.0983
Waterfront Y/N No
Covered Spaces 1
Irrigation Water Rights Y/N No
Site Features Deck,Fenced-Partially,Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Green Lake Elementary School
Middle School Hamilton Mid
High School Lincoln High

Price History

4/10/2025 Listed $1,275,000
6/2/2025 2% - $1,250,000
7/31/2025 4% - $1,200,000
2/3/2026 9% - $1,100,000
5/28/2026 5% - $1,050,000
6/15/2026 8% - $975,000
7/14/2026 6% - $925,000

Property vs Zip Code Average in 98105

Price
AVG $2.3M
$930K
Taxes
AVG $18,817
$8,839
Year Built
AVG 1961
1927
Visits
AVG 200
1530
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

5016 7th Ave Ne Seattle, WA is a Single Family Home for sale at $925000 with 3000 sqft and a lot size of 0.0983 Acres Acre(s). 5016 7th Ave Ne Seattle has 7 bedrooms, 2 baths and was built in 1927. The property's zip code is 98105 which is in Seattle, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lana Anderson

Lana Anderson

Real Estate Broker

360-910-9797

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