MLS #2487501 / Listing provided by NWMLS & Keller Williams Realty Bothell.
$1,250,000
5607 12th Avenue NE
Seattle,
WA
98105
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Total Uncovered Parking Spaces: 2
Structure
- Roof: Composition
- Exterior Features: Cement Planked
- Foundation: Poured Concrete
Lot Details
- Acres: 0.0689
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Acres: 0.0689
- Foundation: Poured Concrete
Power
- Energy Source: Electric, Natural Gas
- Power Company: Crain Realestate Inc.
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Public
- Water, Sewer, and Garbage: 0
Christi Young
Broker | REALTOR®
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