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5016 7th Ave NE
Single Family
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$1,100,000

$367/sqft

5016 7th Ave NE, Seattle

Great $/sqft
7 bd·2 ba·3,000 sqft
Built 19274,282 sqft lotUniversity District

5016 7th Ave NE, Seattle, WA

7 bd · 2 ba · 3,000 sqft Single Family listed at $1,100,000, built in 1927 in the University District neighborhood.

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.

Property details

Price
$1,100,000
Bedrooms
7
Bathrooms
2
Interior
3,000 sqft
Price / sqft
$367
Year built
1927
Lot size
4,282 sqft
Type
Single Family
Days on market
381
Est. property tax
$10,230/yr · $853/mo · 0.93% WA avg
Last sold
$345,000 · Jun 2004
Virtual tour

Estimated monthly payment

Down payment20% ($220,000)
Interest rate6.75%
Principal & Interest$5,708
Property Tax$1,008
Insurance$150
Total$6,866/mo

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Price history

▼ 8.3%Most recent change on 2026-02-03: $1,200,000 → $1,100,000.

$1.40M$639K$-123K$60K on Nov 86 (Sold)$345K on Jun 04 (Sold)$749K on Oct 09 (Initial list)$749K on Dec 09 (Price change)$4K on May 11 (Price change)$4K on Aug 11 (Price change)$6K on Mar 21 (Price change)$6K on Apr 22 (Price change)$6K on Jul 24 (Price change)$6K on Jul 24 (Price change)$6K on Aug 24 (Price change)$5K on Sep 24 (Price change)$5K on Oct 24 (Price change)$7K on Dec 24 (Price change)$6K on Apr 25 (Price change)$1.27M on Apr 25 (Initial list)$7K on May 25 (Price change)$1.25M on Jun 25 (Price change)$1.20M on Jul 25 (Price change)$1.10M on Feb 26 (Price change)
$60K · Nov 86$1.10M · Feb 26
  1. Feb 3, 2026$1,100,000Price change
  2. Jul 31, 2025$1,200,000Price change
  3. Jun 2, 2025$1,250,000Price change
  4. May 8, 2025$6,500Price change
  5. Apr 10, 2025$1,275,000Initial list price
  6. Apr 3, 2025$6,400Price change
  7. Dec 6, 2024$6,500Price change
  8. Oct 18, 2024$5,250Price change
  9. Sep 14, 2024$5,400Price change
  10. Aug 29, 2024$5,500Price change
  11. Jul 2, 2024$6,200Price change
  12. Jul 1, 2024$6,350Price change
  13. Apr 6, 2022$6,000Price change
  14. Mar 15, 2021$5,500Price change
  15. Aug 2, 2011$3,975Price change
  16. May 5, 2011$3,975Price change
  17. Dec 31, 2009$749,000Price change
  18. Oct 23, 2009$749,000Initial list price
  19. Jun 15, 2004$345,000Sold
  20. Nov 7, 1986$59,544Sold

Location

This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.

Location

Map of 5016 7th Ave NE, Seattle
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Home Intelligence

Neighborhood (zip 98105)

This neighborhood skews young (median age 24.3) and is primarily renter-occupied (32% owner-occupied). 38% hold a bachelor's degree; median household income is $75,214.

Median income
$75,214
Median age
24.3
Owner-occupied
31.8%
Bachelor's degree
38.1%
Census median home value
$1,253,600

Source: US Census Bureau American Community Survey 5-year estimates.

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