5224 12th Ave NE Seattle, WA 98105
University District NeighborhoodEstimated payment $9,223/month
Highlights
- Territorial View
- Wood Flooring
- Forced Air Heating System
- Hamilton International Middle School Rated A
- No HOA
- 4-minute walk to Shiga's P-Patch Community Garden
About This Home
Investors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental income from unlimited incoming UW students in the future. Many new renovations made in the last few year, cap rate at 4.63%. Preleased $7,340/month from 9/1/2025 to 8/31/2026. Rent to 2 groups of tenants. Tenants pay all utilities. 2 private parking in alley. Dream for investor and best deal on the market.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2356918
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,913
Year Built
- Built in 1909
Lot Details
- 3,500 Sq Ft Lot
- Partially Fenced Property
- Property is in good condition
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,590 Sq Ft Home
- 3-Story Property
- Territorial Views
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Bathrooms
Parking
- 2 Parking Spaces
- Open Parking
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- University District Subdivision
Listing and Financial Details
- Assessor Parcel Number 6746700310
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,531 | $1,081,000 | $939,000 | $142,000 |
| 2023 | $9,913 | $1,035,000 | $886,000 | $149,000 |
| 2022 | $10,037 | $1,213,000 | $836,000 | $377,000 |
| 2021 | $9,522 | $1,082,000 | $738,000 | $344,000 |
| 2020 | $9,208 | $973,000 | $637,000 | $336,000 |
| 2018 | $8,745 | $955,000 | $425,000 | $530,000 |
| 2017 | $7,582 | $876,000 | $396,000 | $480,000 |
| 2016 | $7,091 | $784,000 | $354,000 | $430,000 |
| 2015 | $6,837 | $716,000 | $320,000 | $396,000 |
| 2014 | -- | $708,000 | $226,000 | $482,000 |
| 2013 | -- | $603,000 | $193,000 | $410,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | For Sale | $1,590,000 | +21.2% | $443 / Sq Ft |
| 08/21/2017 08/21/17 | Sold | $1,311,600 | +19.5% | $400 / Sq Ft |
| 07/18/2017 07/18/17 | Pending | -- | -- | -- |
| 07/10/2017 07/10/17 | For Sale | $1,098,000 | -- | $335 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,311,600 | First American Title Ins Co | |
| Warranty Deed | $540,000 | Pacific Nw Tit | |
| Warranty Deed | $635,000 | Old Republic T | |
| Warranty Deed | $163,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $786,960 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $405,000 | New Conventional | |
| Previous Owner | $599,000 | Unknown | |
| Previous Owner | $138,900 | Credit Line Revolving | |
| Previous Owner | $571,500 | Negative Amortization | |
| Previous Owner | $359,000 | Unknown |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2356918
APN: 674670-0310
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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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