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Listing Firm: Paragon Real Estate Advisors: Michael Urquhart

Bought With: Champion Real Estate : Bill Kang

SOLD On May 19, 2023
NWMLS # 2039883

$2,150,000

  • Sold Price
  • - Beds
  • - Baths
  • 5200 Sq.ft.

5210 12th Avenue NE, Seattle, WA 98105

Listings with the three tree icon are courtesy of NWMLS

About This Property

25% Down Seller Financing Available! This classic 11-unit building provides a great value-add opportunity in one of Seattle’s core markets. Located in the U District, one of the lowest vacancy submarkets in the city, this asset is poised to take advantage of steady future growth and appreciation. The building is comprised of studio, one and two bedroom units, featuring spacious floorplans, hardwood floors, and fireplaces in select units. This offering presents an opportunity for a buyer to continue a proven value-add model, with upside through cosmetic unit renovations and rental increases.

Buyer's Agent: Bill Kang • Champion Real Estate

Listed by: Michael Urquhart • Paragon Real Estate Advisors

Aris360 Last Checked: Just Now (Jun 04, 2025 02:34 AM)

  • Source: NWMLS as Distributed by MLS Grid #2039883

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 12th
  • Zip/Postal Code: 98105
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • University District
  • Community
    • 710 - North Seattle
  • MLS Area
    • 710 - North Seattle
  • Longitude
    • -122.314889
  • Latitude
    • 47.666776
  • Directions
    • From Downtown Seattle, Get on I-5 N. Continue on I-5 N to 7th Ave NE. Take exit 169. Take NE 50th St and 11th Ave NE to 12th Ave NE.

  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 3
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 1
  • Elevation
    • Feet
  • Exterior
    • Wood
  • Roof
    • Built-Up,
  • Septic or Sewer
    • Available,
  • Building Total Area (Sq. Ft.)
    • 5500

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $21558
  • Year Built
    • 1913
  • Effective Year Built
    • 1994
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Wed Jun 04 2025 . 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.

Jun 04, 2025 02:34 AM