5262 15th Avenue Northeast

Seattle, WA 98105

$1,450,000
Price
ā€”
Beds
2,890 Sq. Ft.
$502 / Sq. Ft.
2,890
Sq. Ft.
$502
per Sq. Ft.

Description

Fantastic investment opportunity with this fully renovated University District craftsman duplex rooming house. Just blocks from University of Washington and the Link Light Rail station. University of Washington is home to 40,000+ students offering an endless rental pool. Home is legal duplex, currently rented together. Lower unit has 2 beds/ 1 bath while upper unit has 5 beds/ 2 baths. Spacious bedrooms and living space, with two kitchens and two living rooms and laundry area. Recently renovated...Fantastic investment opportunity with this fully renovated University District craftsman duplex rooming house. Just blocks from University of Washington and the Link Light Rail station. University of Washington is home to 40,000+ students offering an endless rental pool. Home is legal duplex, currently rented together. Lower unit has 2 beds/ 1 bath while upper unit has 5 beds/ 2 baths. Spacious bedrooms and living space, with two kitchens and two living rooms and laundry area. Recently renovated means minimal maintenance and low cost to own. Central location with easy access- walk score 97. Across from University Playground, minutes to restaurants, Trader Joes, Safeway, movie theater, public library, and U District Farmer's Market.

Property Details for 5262 15th Avenue Northeast

Community Name
University District
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
05-20-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:48 AM

Property Details for 5262 15th Avenue Northeast

StatusActive
MLS #2240558
Days on Market163
Cumulative Days on Market155
Taxes$10,256 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.07 AC / 2,839 SF
CountyKing County

Building Information for 5262 15th Avenue Northeast

Stories3Residences1Year Built1926Building Size-Lot Size0.07 AC / 2,839 SF

Property Information for 5262 15th Avenue Northeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 710 - North Seattle
  • Elementary School: Laurelhurst
  • Middle Or Junior School: Eckstein Mid
  • High School: Roosevelt High
  • Directions: From NE 50th, turn north onto 15th Ave NE. Home on your right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl Plank, Carpet
  • Features: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Amenities: Basement,See Remarks
  • Cooling: Yes
  • Cooling: Ductless HP-Mini Split
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless HP-Mini Split
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • MLS Square Footage Source: tax records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 22
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Number: A
  • Lot Size Source: tax records
  • Parcel Number Free Text: 8823900865
  • Calculated Square Footage: 2890
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2890.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 1
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 13025
  • Gross Adjusted Income: 90000
  • Gross Rent Multiplier: 16.11
  • Gross Scheduled Income: $90,000
  • Insurance Expense: $0
  • Net Operating Income: $76,975
  • Other Expenses: $2,769
  • Total Monthly Income: 7500
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2890.0
  • Leasable Area Units: Square Feet

Property History for 5262 15th Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5262 15th Avenue Northeast

Taxable ValueLand$660,000Additions$557,000Total$1,217,000
Tax Record2022$10,256 ($855 / month)
Home Facts
Baths3Total Finished SqFt3,840 SqFtAbove Ground SqFt2,890 SqFtFinished Basement SqFt950 SqFtStories2Lot Size2,839 SqFtStyleDuplexYear Built1926ZoningLR3 (M)CountyKINGAPN882390-0865Fireplace TypeHas Fireplace

Schools near 5262 15th Avenue Northeast

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Laurelhurst Elementary School
PublicK to 5

Eckstein Middle School
Public6 to 8

Roosevelt High School
Public9 to 12

McDonald International School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5262 15th Avenue Northeast is a multi-family home for sale in Seattle, WA 98105. This property was listed for sale on May 20, 2024 by Windermere Real Estate Co., it's currently listed at $1,450,000. It has been on the market for a total of 163 days and was last sold on May 15, 2020. This listing's school district is Seattle Public Schools. Nearby schools include Laurelhurst Elementary School, Eckstein Middle School and Roosevelt High School. 5262 15th Avenue Northeast is a 0-bed, 0-bath, 2,890 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate Co.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.