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Listed by: Dan Swanson (425) 444-6501 | Kidder Mathews (360) 705-2800
$1,325,000
Monthly Est:$6,595
8 Beds
5 Baths
4,005sqft
5030 15th Avenue NE #1-5, Seattle, WA 98105
$1,325,000
$6,595/moEst:
Get Pre-Approved
Multi Family
Built in 1911
$-- HOA
4,320 sqft lot
$331/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 2:37 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2583445
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1911
HOA Fees
-
Finished Area
4,005 sqft
Lot Size
4,320 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2583445
MLS Status
Active
Days on Market
15
Cumulative Days on Market
15
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Interior
Exterior Features
Wood
Sewer
Sewer Connected
Heating
Baseboard, Forced Air
Cooling
None
Construction
Year Built
Year Built: 1911
Home type
Multi Family
Roof
Composition
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Security Features
Partially Fenced
Water Source
Public
Other Features
Lot Features
Alley, Curbs, Paved, Sidewalk
Subdivision Name
University District
Price History
| Date | Event | Price |
|---|---|---|
09/16/2026 Source: | Listed for Sale | $1,325,000 $331/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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