University of Washington 4Plex

For Sale

5219 22nd Ave NE, Seattle, WA 98105

This Seattle property for sale is located at 5219 22nd Ave NE. The current listed sale price for University of Washington 4Plex is $1,700,000. University of Washington 4Plex is situated on a lot that is 0.12 acre in size.

Contacts

broker

Patrick Riley

Capstone

(206) 604-9011

Property Details

  • Property Type Multi-Family
  • Property Size 3,610 SF
  • Units 4
  • Lot Size 0.12 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1914
  • Year Renovated 2012
  • Date Updated Mar 1, 2024
• The University of Washington and U District area in Seattle is one of the premier locations for University of Washington students and Seattlites as the region continues to grow. The U District provides quick access to the University and luxurious shopping at the University Village. Commuters can access I-5 that takes residents to Downtown Seattle and HWY-520 to Bellevue. This four unit building is situated in a prime location for transit riders as well, there are multiple bus routes that take you Downtown, the University of Washington or to the newly planned Northgate Mall that is the site for the new National Hockey League arena. Residents will be within 10 minutes of our Link Light Rail station. • The Greater Seattle area has undergone a major transformation in the past 10 years. the University of Washington has seen an 8.5% increase in enrollment since 2010. The region has grown a staggering 15% since 2010 culminating in 500,000 increase in new residents to the area according to the US Census Bureau. The city of Seattle continues developing residential units at its fastest pace ever. With its business-friendly environment, the State of Washington, and the Greater Seattle region, has allowed companies like Amazon, Microsoft, Tableau, and Boeing to flourish, bringing in more high earning jobs.Capstone Commercial is proud to present this craftsman style Fourplex, located within three blocks of the University of Washington. The building is well maintained, making it simple to operate or manage with pride of ownership. Built in 1914, this four unit has Two 4 bedroom 2 bathroom units, One 2 bedroom 1 bathroom unit, and a Studio with updated bathroom and kitchen. In all, there are 11 bedrooms and 6 bathrooms. This building produces $11,750 of monthly income! What sets this building apart from smaller comparable buildings are the two large spacious 4 bed 2 bath units. There is a coin operated common laundry, owned by the property, adding additional income. Tenants pay for gas and electricity. Water, Sewer and Garbage are included in their rent.

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Highlights

  • $11,750 Monthly Income
  • 6% CAP on Current Income
  • 3 Blocks from University of Washington & Next to High End shopping University Village
  • LR3 zoned on 5050 sqft Lot
  • 89 Walk Score
  • Total of 11 Bedrooms and 6 bathrooms

Getting around

  • 91/100

    Walk Score ®

  • 76/100

    Transit Score ®

  • 74/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Seattle, WA
  • Neighborhood University District
  • Zip Code 98105
  • Market Seattle

Points of Interest

  • U District

    0.63 miles

  • Roosevelt

    0.84 miles

  • University of Washington

    1.17 miles

  • University of Washington

    1.18 miles

  • Northgate

    2.72 miles

  • Fairview & Campus Drive

    3.00 miles

  • Lake Union Park

    3.20 miles

  • Terry & Mercer

    3.31 miles

  • Westlake & Mercer

    3.35 miles

  • Capitol Hill Station

    3.35 miles

  • 76

    0.21 miles

  • Tesla Supercharger

    0.46 miles

  • Chevron

    0.65 miles

  • Shell

    0.70 miles

  • University Chevron

    0.74 miles

  • Shell

    0.91 miles

  • Wallingford Shell

    1.09 miles

  • 7-Eleven

    1.09 miles

  • Shell

    1.11 miles

  • Chevron

    1.22 miles

  • West Garage

    0.32 miles

  • North Garage

    0.35 miles

  • North Parking Lot

    0.40 miles

  • University Heights Center North Parking Lot

    0.41 miles

  • University Heights Center South Parking Lot

    0.43 miles

  • QFC Parking Garage

    0.46 miles

  • West Parking Lot

    0.47 miles

  • South Garage

    0.47 miles

  • E2

    0.48 miles

  • N05

    0.49 miles

  • Silver Cloud Inn

    0.25 miles

  • Adelaide Apartment

    0.49 miles

  • Graduate Seattle

    0.58 miles

  • Residence Inn Seattle University District

    0.62 miles

  • Watertown Hotel

    0.78 miles

  • University Inn

    0.87 miles

  • College Inn

    0.88 miles

  • Greenlake Guest House

    1.78 miles

  • Wallingford Inn

    2.00 miles

  • Park Plaza Motel

    2.05 miles

  • Target

    0.51 miles

  • QFC

    0.51 miles

  • District Market

    0.55 miles

  • Safeway

    0.57 miles

  • Trader Joe's

    0.67 miles

  • H Mart

    0.68 miles

  • Whole Foods Market

    0.77 miles

  • Trinity Market

    0.80 miles

  • District Market

    0.87 miles

  • Metropolitan Market

    0.98 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Patrick Riley

Capstone

(206) 604-9011