University District Multifamily Homes & Duplexes for Sale

/12
$2,250,000
- 12 Beds
- 7 Baths
- 4,800 Sq Ft
5101 Ravenna Ave NE, Seattle, WA 98105

Ravenna Terrace, a 7-unit building ideally situated near work, school & play, Ravenna Terrace features an attractive mix of 6 2-bed & 1 1-bed units. These mid-century floorplans average in size of 686sf & have received updates to cabinetry, counters & appliances on turns. Ownership has replaced all the windows with double pane units & the roof has received a recoat in last 2 yrs. With nearby

Daniel Lim Lee & Associates Commercial RE

5101 Ravenna Ave NE, Seattle, WA 98105
Explore University District
/12
$3,650,000
- 10 Beds
- 15 Baths
- 6,775 Sq Ft
4704 22nd Ave NE, Seattle, WA 98105

Discover The Penrith – a well-maintained 15-unit investment opportunity in the heart of Seattle’s vibrant University District. Close to University of Washington, this prime location offers unmatched access to University Village’s 120+ shops and restaurants, the lively dining and nightlife. Excellent transit options with the U District Light Rail Station. Each unit features an efficient layout

Jon Bye John L. Scott, Inc

4704 22nd Ave NE, Seattle, WA 98105
/39
$1,599,000
- 6 Beds
- 3 Baths
- 3,140 Sq Ft
5220 18th Ave NE, Seattle, WA 98105

Fantastic opportunity to invest in this grand home featuring 2 separate living units each with 3 bedrooms, separate entrances, full kitchens and washers/dryers. Large living spaces, original moldings, hardwood floors, handsome fireplaces, big bedrooms and a private fenced yard. Updated kitchens and baths. Roof, plumbing and sewer line updated. Spacious and functional with generously sized

Adrian Jensen Windermere RE Greenwood

5220 18th Ave NE, Seattle, WA 98105
/19
$1,550,000
- 7 Beds
- 4 Baths
- 2,660 Sq Ft
4710 22nd Ave NE, Seattle, WA 98105

Four-plex on 5,400sf lot, zoned LR3. Located only one block away from UW campus, University Village and Burke Gilman Trail. Territorial and Cascade Mountain views from top floor units. Outstanding opportunity to renovate and increase rental performance or redevelop the property.

Franz Diessner Coldwell Banker Bain

4710 22nd Ave NE, Seattle, WA 98105
/25
$1,700,000
- 14 Beds
- 5 Baths
- 4,086 Sq Ft
5210 11th Ave NE, Seattle, WA 98105

Great opportunity to own this well designed, well maintained 5-PLEX. Located in the heart of the U-district, this property features 4 spacious comfortable 3 beds /1 bath units w/ double vanities in baths & one 2 bed /1 bath unit. Units are bright & light, upgraded with manufactured floors throughout. Low maintenance building with vinyl siding, double paned windows, spacious deck area make this a

Lilia Blomgren Windermere RE Greenwood

5210 11th Ave NE, Seattle, WA 98105
/25
$3,280,000
- 15 Beds
- 8 Baths
- 5,011 Sq Ft
4226 7th Ave NE, Seattle, WA 98105

Multi-family building in the heart of University District! Great Development opportunity. Zoned to midrise, up to 80 feet. Imagine New building rising up on this 5,000 sqft lot. Fast growing area. This property presents 7 rentable units/7 parking spaces, currently generating impressive $15,120/m rental income. Super convenient location. Walking distance to UW. Close to I-5 express line entrance.

Tingting Chen Globenex Realty

4226 7th Ave NE, Seattle, WA 98105
/25
$1,590,000
- 8 Beds
- 3 Baths
- 3,590 Sq Ft
5224 12th Ave NE, Seattle, WA 98105

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

Sam Chui eLink Realty

5224 12th Ave NE, Seattle, WA 98105

Washington King County Seattle University District

Why Live in University District

The University District in Seattle, commonly known as the U District, is a vibrant neighborhood centered around the University of Washington. This area, with its youthful energy, features a mix of funky shops, international eateries, historic theaters, and a lively nightlife. Prominent employers include Microsoft, Amazon, Expedia, Boeing, and the University of Washington. Local attractions include the Burke Museum of Natural History and Culture, the Henry Art Gallery, and the Neptune Theatre, which hosts the Seattle International Film Festival and various performances. Sports enthusiasts can catch a game at the 70,000-capacity Husky Stadium or head downtown to watch the Mariners and Seahawks. The U District Street Fair in May is a community highlight with arts, crafts, and food trucks. Outdoor activities are abundant with the 74-acre Union Bay Natural Area, University Playground Park, and the 20-mile Burke-Gilman Trail. Shopping options include the University Village mall and the University District Farmers Market. Dining options on University Way range from Mediterranean at Shawarma King to halal dishes at Persepolis Grill. The neighborhood is well-connected with multiple public bus stops, light rail stations, and bike lanes. Downtown Seattle is 5 miles south, and Seattle-Tacoma International Airport is 17.5 miles away. Schools in the area, including Bryant Elementary, Eckstein Middle, and Roosevelt High, are highly rated. Housing options range from 1920s condos to early 2000s townhomes and turn-of-the-century Craftsman-style homes. However, potential residents should be aware of noise pollution, especially near the university.

Learn more about living in University District

Home Trends in University District, WA

On average, homes in University District, Seattle sell after 44 days on the market compared to the national average of 70 days. The median sale price for homes in University District, Seattle over the last 12 months is $673,745, down 31% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$673,745

Median Single Family Sale Price

$673,745

Median 1 Bedroom Sale Price

$325,000

Average Price Per Sq Ft

$390

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.50

Median List Price

$325,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-31%

How to Buy a Home How to Finance a Home How to Sell a Home

In University District, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $1,550,000 to $3,650,000, there's something for every budget. As of August, 2025 the median home price in University District, Seattle is $325,000, while the average sale price is $542,928, providing insight into local market trends. On average, multi-family homes spend 44 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in University District, Seattle.

University District Types of Homes for Sale

More About Living in University District

Homes in Nearby Neighborhoods

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Homes in Nearby Counties

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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