5016 7th Ave Ne, Seattle, WA, 98105
About This Home
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.
Getting Around
Walker's Paradise
Excellent Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1927
Materials
- Foundation: Block
- Roof: Composition
- Construction materials: Cement Planked,Cement Plank
Type & Style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater Location: Lower level utility room
Basement
- Has basement: Yes
- Basement: Daylight
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Lower
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Dining Room
- Level: Main
Entry Hall
- Level: Main
Family Room
- Level: Main
Features
- Dining Room
- Flooring: Ceramic Tile,Hardwood,Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning,Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Utility Room
- Level: Lower
Property
Details
- Parcel number: 2862100955
- Zoning description: Jurisdiction: City
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Dining Room,Fireplace,Walk-In Closet(s)
- Topography of land: Partial Slope
Lot
- Lot size: 4,281 sqft
- Features: Sidewalk,Deck,Fenced-Partially,Patio
Parking
- Total spaces: 1
- Parking features: Detached Garage,Off Street
- Has garage: Yes
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,677 | $56,124 |
| Home Insurance * | $164 | $1,968 |
| Property Taxes | $744 | $8,928 |
| Electricity | $205 | $2,462 |
| Total | $5,790 | $69,480 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-03 | Price change | $1,100,000 |
| 2025-07-31 | Price change | $1,200,000 |
| 2025-06-24 | Listing removed | $6,500 |
| 2025-06-02 | Price change | $1,250,000 |
| 2025-05-08 | Price change | $6,500 |
| 2025-04-10 | Listed for sale | $1,275,000 |
| 2025-04-04 | Price change | $6,400 |
| 2024-12-06 | Price change | $6,500 |
| 2024-10-18 | Price change | $5,250 |
| 2024-09-14 | Price change | $5,400 |
| 2024-08-30 | Listed for rent | $5,500 |
| 2024-08-29 | Listing removed | $5,500 |
| 2024-08-14 | Listed for rent | $5,500 |
| 2024-07-03 | Listing removed | -- |
| 2024-07-01 | Price change | $6,200 |
| 2024-06-25 | Price change | $6,350 |
| 2024-06-11 | Price change | $6,480 |
| 2024-04-23 | Price change | $6,500 |
| 2024-04-21 | Listed for rent | $6,000 |
| 2022-04-25 | Listing removed | -- |
| 2022-04-04 | Listed for rent | $6,000 |
| 2021-06-10 | Listing removed | -- |
| 2021-03-25 | Price change | $5,500 |
| 2021-03-18 | Price change | $5,800 |
| 2021-03-12 | Listed for rent | $6,000 |
| 2004-06-15 | Sold | $345,000 |
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