5026 20th Avenue NE, Seattle, WA 98105

$1,450,000
4,050
SqFt

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Listing courtesy of Keller Williams Realty Bothell.

List Price
$1,450,000
Status
ACTIVE
MLS#
2530094
Days on Market
229
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
4,050
Area Total SqFt
4050
Annual Tax Ammount
11688
Lot Size (sq ft)
3,750
Sewer
Sewer Connected

Property Description

5026 20th Ave NE (University Manor) is a high-performing triplex in the heart of the U-District, very short walk to UW and U-Village! The property includes: 8-bed/3-bath 3,000 SF main unit $7,300/mo 1-bed/1-bath 525 SF unit $1,350/mo Studio 525 SF unit $1,150/mo Strong, stable cash flow with a long history of student demand and low vacancy. Main house features Private rooms, 2 kitchens, common laundry, off-street parking, and large storage. Many renovations/upgrades done over the years to keep this property running smooth.

Additional Information

List Date
2025-12-09 21:09:14
Community
University District
Net Operating Income
$92,723
Gross Adjusted Income
$114,072
Gross Scheduled Income
$117,600
Total Monthly Income
$9,800
Insurance Expenses
$3,681
Gross Rent Multiplier
8.11
Total Expenses
$21,349
Cap Rate
6.39
Vacancy Rate
3
Total Number of Units
3
Unit Name
5026
Potential Terms
Cash, Conventional, FHA
Year Built
1920
Roof
Composition
Other Expenses
5980
Energy Source
Electric, Oil
School District
Seattle
Total Monthly Income
$9,800
Gross Scheduled Income
$117,600
Vacancy Rate
3
Gross Adjusted Income
$114,072
Tax Year
2025
Insurance Expense
$3,681
Total Expenses
$21,349
Net Operating Income
$92,723
Gross Rent Multiplier
8.11
Cap Rate
6.39
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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