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Listing courtesy of Keller Williams Rlty BellevueMaggie Sun · 425-615-8293 · maggie@maggiesunre.comNWMLS Courtesy of NWMLS

First Look

5018 20th Avenue NE, Seattle, WA 98105

Seattle, WA 98105 · MLS# 2582722

$1,145,000

  • 6 beds
  • 3 baths
  • 2,370 sq ft
  • Built 1920

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About this home

Rare investment and development opportunity within walking distance to the University of Washington! This single-family home sits on a level, highly usable lot in an exceptional location with strong long-term potential. The existing home offers immediate flexibility for rental income, with potential use as rental housing or a boarding home, subject to applicable regulations and approvals. For builders and developers, the property may also offer exciting redevelopment possibilities, including townhomes or multifamily/apartment development, subject to zoning and City approval. A one-car garage provides additional parking and storage. With its flat lot, existing residence, outstanding proximity to UW, and multiple potential investment strategies, this property is an excellent opportunity for investors, developers, or builders looking to secure a well-located asset in one of Seattle’s most consistently in-demand rental areas. Buyer to verify zoning, development potential, cash flow investment, and permitting requirements to their satisfaction.

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Details

Status
First Look
MLS number
2582722
Property type
Residential
Lot size
3,700 sq ft
County
King
Style
Single Family Residence
Levels
Two
Basement
Finished
Heating
Forced Air
Cooling
None
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Flooring
Vinyl Plank
Parking
Attached Garage
View
Territorial
New construction
No
Annual property tax
14534.27
Tax year
2026