Pending · Residential Income

4714 17th Avenue NE, Seattle, WA 98105

Seattle, WA 98105

$4,500,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Kidder Mathews · MLS #2549082 · Pending

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About this property

Highly Attractive Seller Financing 3.85%, 20% Down, 5 Years. UW 17th Rooming Houses offers investors a rare opportunity to acquire two adjacent rooming houses in Seattle’s highly desirable U-District/Greek Row location, just a 4-minute walk to the University of Washington campus, 9-minute walk to the U-District Light Rail Station, and 20-minute walk to University Village. The property features a combined 45 bedrooms, 5 kitchens, 11 bathrooms, 11,560 rentable SF, 8,640 SF of land, and 6 parking stalls. With average in-place rents of approximately $719/bed compared to projected market rents of $850/bed, the asset provides clear upside through light interior updates, operational improvements, and potential reconfiguration strategies. New roofs were completed in 2023, with mostly updated plumbing and electrical systems, offering investors a strong foundation in one of Seattle’s most consistent student-housing rental markets.

Property details

Property type: Multi Family
Year built: 1909
Lot size: 8,640 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $42,489 (2026)
Parking spaces: 6
School district: Seattle

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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