Investor special! Charming cash-flowing U-District home leased at $6,900/mo w/ tenants reimbursing utilities! Tenant occupied & fully rented for next year - zero vacancy for 18 yrs! Ideal for student housing w/ long-term tenants who often renew. 6 bed/2.25 bath + bonus kitchenette. Convenient & vibrant neighborhood 1 block away from University Ave, stores, restaurants, Saturday market + ample off-street parking. Close to transit & less than 1 mile from University of Washington. Spacious interior w/ high ceilings & amenities including W/D, private fenced yard with BBQ & secure bike lock. Amazing opportunity to own a proven income-producing asset in a high-demand rental market fueled by proximity to UW & steady student demand. Priced to move!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2418414
Open House Schedule
Saturday, September 06, 2025
11:00 am to 1:00 pm
9/6/2025 11:00:00 AM +00:00
9/6/2025 1:00:00 PM +00:00
Rare opportunity to tour this property while it’s vacant in between tenants. New UW student tenants move in next week, so you’ll get a clear look inside without disrupting occupancy.
This investment has been rock-solid: 18 years with no vacancy, currently generating $6,900 per month in rent. Tenants also reimburse the landlord for utilities, making this a reliable, cash-flowing property in one of Seattle’s most stable rental markets.
Don’t miss the chance to preview this income-producing property before it’s filled again.
Collateral Analytics
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ICE
ICE Mortgage Technology
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First American
First American
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Quantarium
Quantarium
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Average Value
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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
Tax History
Year
Tax Paid
Tax AssessmentTax 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
$11,938
$1,234,000
$1,233,000
$1,000
2023
$9,443
$1,165,000
$1,164,000
$1,000
2022
$9,057
$1,100,000
$1,099,000
$1,000
2021
$8,265
$971,000
$970,000
$1,000
2020
$8,332
$838,000
$837,000
$1,000
2018
$7,435
$806,000
$598,000
$208,000
2017
$6,445
$739,000
$557,000
$182,000
2016
$6,019
$661,000
$498,000
$163,000
2015
$5,149
$603,000
$450,000
$153,000
2014
--
$526,000
$340,000
$186,000
2013
--
$448,000
$290,000
$158,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
08/07/202508/07/25
For Sale
$1,235,000
--
$537 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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