Bought with: North Pacific Properties
$2,500,000
$2,600,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
4738 17th AVE NE Seattle, WA 98105
18 Beds
3.75 Baths
5,186 SqFt
Key Details
Sold Price $2,500,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 5,186 sqft
Price per Sqft $482
Subdivision University District
MLS Listing ID 2425609
Sold Date 06/05/26
Style 15 - Multi Level
Bedrooms 18
Year Built 1909
Annual Tax Amount $16,063
Lot Size 4,320 Sqft
Lot Dimensions 40 x 108
Property Sub-Type Single Family Residence
Property Description
Quintessential high occupancy/ high cap/ low cost UW Greek Row 18-Unit. Zero vacancy for 8+ years. Numbers shown in Listing are 2025 actual. Single Lease rental rate history & rent per bedroom (/18): 2023 Lease $19,400/m no vacancy @ $1078 per bedroom; 2024 Lease $20,400/m no vacancy @ $1133 per bedroom; 2025 Leased $21,470/m no vacancy @ $1193 per room; 2026 same Leased $21,470/m no vacancy @ $1193 per room. Good upgrades to mechanical systems. Residents enjoy giant front porch & formal entry hall, high ceilings & heavy wood trim, grand box beam living room adjacent to main kitchen, wide staircases & open landings, 2nd Kitchen/ 2nd Entry, and the paved alley with 4 parking stalls. Strong income in all seasons, excellent investment horizon by The University.
Location
State WA
County King
Area 710 - North Seattle
Rooms
Basement Finished
Main Level Bedrooms 5
Interior
Interior Features Second Kitchen, Dbl Pane/Storm Window, High Tech Cabling, Walk-In Closet(s), Water Heater
Flooring Vinyl, Vinyl Plank, Carpet
Fireplace false
Appliance Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Exterior
Exterior Feature Wood
Amenities Available Fenced-Partially, Gas Available, High Speed Internet, Sprinkler System
View Y/N Yes
View Mountains, Territorial
Roof Type Composition,Torch Down
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Story Multi/Split
Sewer Sewer Connected
Water Public
Architectural Style Craftsman
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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