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Property view

5607 12th Avenue Ne, 
Seattle, WA 98105

$1,250,000


Bed


4

Baths


3,234

Sq Ft


Multi-Family

Sold

Listed by

Corey Crain

Bought with eXp Realty

Keller Williams Realty Bothell

MLS#

2487501

Source:

NWMLS

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About This Home

5607 12th Avenue Ne

Rare opportunity to acquire a high-performing University of Washington student housing asset. This 2007-built property offers 8 bedrooms and 4 bathrooms across approximately 3,234 square feet and is configured for strong group housing demand in the U-District. The property is currently leased for the 2026–2027 academic year at $8,100 per month ($97,200 annually) under a joint & several lease structure, providing immediate income visibility for the upcoming school year. Unlike much of the surrounding U-District housing stock built in the early 1900s, this residence benefits from newer construction with modern systems, radiant hydronic heating, updated interior paint, and new LVP flooring completed in 2026. Tenants historically pay utilities, keeping operating expenses simple. The property features a large kitchen with island, stainless appliances, dual laundry areas, rear deck, covered front porch, and off-street alley access parking. The property operates on an academic-year leasing cycle aligned with the University of Washington calendar. After the current lease term ends in August 2027, a buyer may continue operating the property as student housing or explore owner-occupancy while leasing additional rooms.

Home Facts

Multi-Family

4 Baths

Built in 2007

Price Summary

1,250,000

$386 per Sq. Ft.

MLS #:

2487501

Sold:

April 7, 2026


Rooms & Interior

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,234 Sq. Ft.


Structure

Structure

Building Area:

3,234 Sq. Ft.

Year Built:

2007


Lot

Lot Size (Sq. Ft):

3,000


Finances & Disclosures

Finances

Price:

$1,250,000

Price per Sq. Ft:

$386 per Sq. Ft.

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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 26, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.