#2368002, Kayse Gundram, Listing Office: Windermere Real Estate Co.
5224 12th Ave NE Seattle, WA 98105
Property details
About 5224 12th Ave NE
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 tenants. Tenants pay all utilities. 2 private parking in alley. Dream for investor and best deal on the market.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Disposal
- Basement: Yes
- Flooring Type: Ceramic Tile, Hardwood, Laminate
- Interior: Second Kitchen, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Hardwood, High Tech Cabling, Laminate, Water Heater
- Fireplace: Wood Burning
- Total Bedroom Count: 8
- Attached Garage: No
- Parking: Driveway, Off Street
- View: Territorial
- Exterior: Wood
- Architectural Style: Contemporary
- Heating: Forced Air
- Cooling: None, Ceiling Fan(s)
- List Price: $1,590,000
- Price/SqFt: $442
- Annual Tax Amount: $10,360
- Tax Year: 2022
- Lot: Curbs, Paved, Sidewalk
- Directions: GPS
- Year Built: 1909
- Living Area: 3,590 SqFt
- Lot Size: 0.0803 Acres
- MLS Number: 2357406
- MLS Name: NWMLS
- Office Name: eLink Realty
- Office Phone: (206) 388-1887
- Listing Agent: Sam Chui
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 5/8/2025, 5:17:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,590,000
5224 12th Ave NE
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 21, 2017 | Home Sold | $1,311,600 |
Jun 29, 2011 | Home Sold | $540,000 |
Apr 29, 2005 | Home Sold | $635,000 |
Oct 12, 1989 | Home Sold | $163,000 |
Aug 12, 1988 | Home Sold | $110,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2022 | $1,213,000 | $10,360 |
2021 | $1,082,000 | $10,036 |
2020 | $973,000 | $9,522 |
2018 | $955,000 | $8,310 |
2017 | $876,000 | $8,745 |
History based on county public records data.
Nearby schools
9
McDonald International Elementary School
Public District KG-5
0.5 mi
•144 NE 54th St
10
John Stanford International Elementary School
Public District KG-5
0.8 mi
•4057 5th Ave NE
5
Green Lake Elementary School
Public District PK-5
0.9 mi
•2400 N 65th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,386. Most Seattle, WA residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 5224 12th Ave NE
The listing price of 5224 12th Ave NE property is $1,590,000.
The property 5224 12th Ave NE is a house located in Seattle, Washington, 98105.
Active Listing: 5224 12th Ave NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5224 12th Ave NE are: McDonald International Elementary School (GreatSchools Rating 9/10), John Stanford International Elementary School (GreatSchools Rating 10/10), Green Lake Elementary School (GreatSchools Rating 5/10), Hamilton International Middle School (GreatSchools Rating 9/10), Eckstein Middle School (GreatSchools Rating 7/10), TOPS K-8 School (GreatSchools Rating 8/10), Roosevelt High School (GreatSchools Rating 8/10), Middle College High School (GreatSchools Rating 7/10), Lincoln High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2022 is $10,360 (source: MLS/based on county public records data).
The last sale was on August 21, 2017 for $1,311,600 (source: MLS/tax record).
The property at 5224 12th Ave NE has 8 bedrooms and 3 bathrooms.
The property 5224 12th Ave NE is 3,590 SqFt (source: MLS/tax record).
The year of construction for 5224 12th Ave NE is 1909.
This home is located at 5224 12th Ave NE in Seattle, WA and zip code 98105 in the Northeast neighborhood. This 3,590 square foot home, which was built in 1909, sits on a 0.08 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $1,590,000.
Over 311 listings were sold over their listed price in April 2025 in Seattle, WA. In the same period over 241 listings were sold below the listed price and 271 listings were sold for the listed price. Between March and April 2025, Seattle, WA real estate market has seen increase in the number of listings by 21.9%. The median list price of listings available in April 2025 was $849,930, while the average time on the real estate market was 26 days.