NOT LISTED FOR SALE

5210 12th Ave NE Seattle, WA 98105

University District Neighborhood
-- Bed
-- Bath
5,200 Sq Ft
5,500 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $2,150,000 $413 Per Sq Ft

56 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 5-minute walk to Shiga's P-Patch Community Garden
  • Hamilton International Middle School Rated A

About This Home

As of May 2023

25% Down Seller Financing Available! This classic 11-unit building provides a great value-add opportunity in one of Seattle’s core markets. Located in the U District, one of the lowest vacancy submarkets in the city, this asset is poised to take advantage of steady future growth and appreciation. The building is comprised of studio, one and two bedroom units, featuring spacious floorplans, hardwood floors, and fireplaces in select units. This offering presents an opportunity for a buyer to continue a proven value-add model, with upside through cosmetic unit renovations and rental increases.

Last Agent to Sell the Property

Michael Urquhart

Paragon Real Estate Advisors License #135356 Listed on: 02/28/2023

Co-Listed By

Paul Mickley

Paragon Real Estate Advisors License #40071

Last Buyer's Agent

Bill Kang

Champions Real Estate License #36628

Champions Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2039883

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,558

Year Built

  • Built in 1913

Lot Details

  • 5,500

Parking

  • 1 Parking Space

Home Design

  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 5,200 Sq Ft Home
  • 3-Story Property

Additional Features

  • 5,500 Sq Ft Lot
  • Radiator

Community Details

  • No Home Owners Association
  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6746700280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,558

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1913
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5200
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 376

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Built-Up
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Available
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Radiator
  • Heating Yn: Yes
  • WaterSewerGarbage: 18842

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6746700280
  • Lot Size Acres: 0.1263
  • Lot Size Sq Ft: 5500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.79
  • LeasedItems: None
  • TotalMonthlyIncome: 14660

Multi Family

  • Gross Scheduled Income: 175920
  • Net Operating Income: 115454
  • Number Of Units Total: 11
  • Insurance Expense: 2757
  • Leasable Area: 5200
  • EnergySource: Electric
  • UnitsInBuildingTotal: 11
  • UnitsBelowGrade: true
  • VacancyRate: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 21558

Range of Values:

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $2,150,000 -4.4% $413 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $2,250,000 -- $433 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Urquhart

    Seller's Agent in 2023

    Michael Urquhart

    Paragon Real Estate Advisors

    (206) 812-9123

    5 in this area

    88 Total Sales

    Michael Urquhart
    Section Image
  • Paul Mickley

    Seller Co-Listing Agent in 2023

    Paul Mickley

    Paragon Real Estate Advisors

    (206) 623-8880

    1 in this area

    4 Total Sales

    Paul Mickley
    Section Image

  • B

    Buyer's Agent in 2023

    Bill Kang

    Champions Real Estate Services

    (206) 355-1080

    1 in this area

    1 Total Sale

    Bill Kang
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2039883

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98105 University District

5210 12th Ave NE, Seattle, WA

This home is located at 5210 12th Ave NE, Seattle, WA 98105 since 28 February 2023. This property was built in 1913. 5210 12th Ave NE is a home located in King County with nearby schools including Green Lake Elementary School, Hamilton International Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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 by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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