NEW! Buy and sell safely with virtual options - Learn More
About the Listing 7300 - 98554,155034
Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room, new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District.
Listing Highlights
Interior Details
- Bedrooms: 11
- Bathrooms: 2 Full / 2 Three-Quarter / 1 Half
- Appliances:
- Air Cond:
- Heating: Ductless,Radiant
- Fireplaces: 0, Wood Burning
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other:
- Water: Public
Exterior Details
- Lot Description: Built On Lot,Cable TV,Deck,Electric Car Charging,Gas Available,High Speed Internet,Patio
- Garage Capacity: N/A
- Parking Spaces: 3
- Roof: Composition
- Others: Wood,Wood Products,Has ADU
- Sewer: Sewer Connected
- Parking Features: Off Street
Financial Details
- Tax Amount: $14,585
- Taxes w/Assessments: N/A
- Tax/Property ID: 8823900640
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
5230 16th Ave NE Seattle, WA 98105
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
