5016 7th Ave NE

3,000 Sq. Ft.
$400 / Sq. Ft.
3,000
Sq. Ft.
$400
per Sq. Ft.

Description

Turnkey Investment Property Proven 20+ Year Rental History. This classic Craftsman offers investors a rare opportunity to acquire a high-performing asset. Located just two blocks from the University of Washington, it’s ideally positioned to attract long-term tenants year after year. The property features spacious, well-maintained rooms, off-street parking for 3+ vehicles, a detached garage, two hot water heaters, two fridges and generous common areas. Furnishings are included for immediate rental...Turnkey Investment Property Proven 20+ Year Rental History. This classic Craftsman offers investors a rare opportunity to acquire a high-performing asset. Located just two blocks from the University of Washington, it’s ideally positioned to attract long-term tenants year after year. The property features spacious, well-maintained rooms, off-street parking for 3+ vehicles, a detached garage, two hot water heaters, two fridges and generous common areas. Furnishings are included for immediate rental continuity. With its prime location, stable cash flow, and minimal vacancy history, this property is a solid addition to any real estate portfolio.
  1. Listed by Kelby Schweitzer • Windermere Real Estate/East

Property Details for 5016 7th Avenue Northeast

Community Name
University District
School District
Seattle
Number of Assigned Spaces
1
Total Covered Parking
1
Entry Date
04-10-2025
Energy Source
Natural Gas
Sewer
Available
LISTING UPDATED: 10/30/2025 09:28 AM

Property Details for 5016 7th Avenue Northeast

StatusActive
MLS #2353618
Days on Market285
Cumulative Days on Market285
Taxes$8,839 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1927
Lot Size0.10 AC / 4,280 SF
CountyKing County

Location

Listing Courtesy of Windermere Real Estate/East
Add your commute

Building Information for 5016 7th Avenue Northeast

Stories-Year Built1927Building Size-Lot Size0.10 AC / 4,280 SF

Payment Calculator

$6,585 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,849

Property Taxes

$737

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5016 7th Avenue Northeast

Summary
Location and General Information
  • Style: 18 - 2 Stories w/Bsmnt
  • Building Information: Built On Lot
  • Site Features: Deck, Fenced-Partially, Patio
  • Area: 710 - North Seattle
  • Elementary School: Green Lake
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High
  • 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.
  • Property Sub Type: RESI
  • View: No
  • Waterfront: No
  • Entry Location: Main
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 1.0
  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Type: Garage-Detached, Off Street
  • Open Parking: No
  • Parking Features: Detached Garage, Off Street
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Half Bathrooms: 0
  • Full Baths Lower: 0
  • Full Baths Main: 1
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 1
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 1
Bedroom Information
  • Bedrooms Main: 2
  • Bedrooms Upper: 2
  • Bedrooms Lower: 3
  • Bedrooms Possible: 7
Interior Features
  • Fireplaces Total: 1
  • Fireplaces Main: 1
  • Floor Covering: Ceramic Tile, Hardwood, Carpet
  • Basement: Daylight
  • Features: Dining Room, Fireplace, Walk-In Closet(s)
  • Water Heater Location: Lower level utility room
  • Room and Floor: Dining Room-Main, Entry Hall-Main, Family Room-Main, Kitchen With Eating Space-Main, Living Room-Main, Utility Room-Lower, Bathroom Full-Main, Bathroom Three Quarter-Lower, Bedroom-None, Bedroom-Lower, Bedroom-Main
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Cooling: No
  • Cooling: None
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
  • Room List: Dining Room, Entry Hall, Family Room, Kitchen With Eating Space, Living Room, Utility Room, Bathroom Full, Bathroom Three Quarter, Bedroom
  • Number Of Showers: 2
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
  • Appliances That Stay: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Foundation: Block
  • Level: Two
  • Lot Topography: Partial Slope
  • Construction Methods: Standard Frame
  • MLS Square Footage Source: realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 36
Lot Information
  • Lot Details: Alley, Sidewalk
  • Lot Size Source: realist
  • Parcel Number Free Text: 2862100955
  • Calculated Square Footage: 3000
  • Structure Type: House
  • Square Footage Finished: 3000
  • Square Footage Unfinished: 0
  • Building Area Total: 3000.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Rental
Rent Information
  • Occupant Type: Vacant
  • Land Lease: No
  • Total Actual Rent: $6,500

Property History for 5016 7th Avenue Northeast

DateEvent & SourcePriceAppreciation
Jul 31, 2025

Price Change

NWMLS #2353618

$1,200,000—
Jun 2, 2025

Price Change

NWMLS #2353618

$1,250,000—
Apr 10, 2025

Listed (Active)

NWMLS #2353618

$1,275,000—
Jun 15, 2004

Sold (Public Record)

Public Record #136447478

$345,000—
Jun 15, 2004

Sold

NWMLS #24005694

$345,000—
Apr 26, 2004

Pending

NWMLS #24005694

—
Jan 13, 2004

Listed (Active)

NWMLS #24005694

$335,000—
DateEvent & SourcePrice
07/31/2025

Price Change

NWMLS #2353618

$1,200,000
06/02/2025

Price Change

NWMLS #2353618

$1,250,000
04/10/2025

Listed (Active)

NWMLS #2353618

$1,275,000
06/15/2004

Sold (Public Record)

Public Record #136447478

$345,000
06/15/2004

Sold

NWMLS #24005694

$345,000
04/26/2004

Pending

NWMLS #24005694

—
01/13/2004

Listed (Active)

NWMLS #24005694

$335,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5016 7th Avenue Northeast

Taxable ValueLand$648,000Additions$249,000Total$897,000
Tax Record2024$7,958 ($663 / month)
Home Facts
Beds7Baths1.8Total Finished SqFt3,020 SqFtAbove Ground SqFt2,320 SqFtFinished Basement SqFt700 SqFtStories2Lot Size4,280 SqFtStyleSingle Family ResidenceYear Built1921ZoningNR3CountyKINGAPN286210-0955Fireplace TypeHas Fireplace

Schools near 5016 7th Avenue Northeast

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Green Lake Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

McDonald International School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5016 7th Avenue Northeast is a single family home for sale in Seattle, WA 98105. This property was listed for sale on April 10, 2025 by Windermere Real Estate/East, it's currently listed at $1,200,000. It has been on the market for a total of 285 days and was last sold on June 15, 2004. This listing's school district is Seattle Public Schools. Nearby schools include Green Lake Elementary School, Hamilton International Middle School and Lincoln High School. 5016 7th Avenue Northeast is a 7-bed, 2-bath, 3,000 sqft single family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate/East

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/20/2026 08:55 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.