4714 17th AVE NE, Seattle, WA 98105
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4714 17th AVE NE, Seattle, WA 98105
4714 17th AVE NE, Seattle, WA 98105
4714 17th AVE NE, Seattle, WA 98105
4714 17th AVE NE, Seattle, WA 98105
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Shannon Sundin Wheeler

Shannon Sundin Wheeler

+1(360) 921-0368
Listed by:Kidder Mathews • Max Frame
$ 4,500,000
Est. payment /mo
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4714 17th AVE NE Seattle, WA 98105

2 Beds

11,560 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,560 sqft

Price per Sqft $389

Subdivision University District

MLS Listing ID 2549082

Style 56 - 10+ Units

Bedrooms 2

Year Built 1909

Annual Tax Amount $42,489

Lot Size 8,640 Sqft

Lot Dimensions 11560

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Virtual Tour https://simonandersonteam.com/listings/uw-17th-rooming-houses/

Northwest MLS (NWMLS)
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Shannon Sundin Wheeler
Shannon Sundin Wheeler

Broker

+1(360) 921-0368

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4714 17th AVE NE

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