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5230 16th Avenue NE, Seattle WA 98105
5230 16th Avenue NE, Seattle WA 98105
Washington>Seattle>University Park

5230 16th Avenue NESeattle, WA 98105

For Sale

$2,550,000

Smart Buyer Rebate $25,500

Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room, new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District.

Listed by Paul Jackson

·

Real Property Associates

Listed by Brian Eastland

·

Real Property Associates

Last updated March 31, 2026

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Source: NWMLS #2497174

Listing Facts

  • TypeSingle-family
  • NeighborhoodUniversity Park
  • Bedrooms11
  • Bathrooms5
  • Days on Prevu136
  • Taxes$14,585/year
  • Size4,030 sqft
  • Price per sqft$633

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

03/18/2026
Listed by Real Property Associates
$2,550,000

Property Details for 5230 16th Avenue NE

Exterior

Construction

  • Roof: Composition
  • Structure Type: House
  • Year Built: 1922
  • Construction Materials: Wood, Wood Products
  • Entry Location: Main
  • Exterior Features: Wood, Wood Products

Measurements

  • Building Area Total: 4,030
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Square Feet: 4,320
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 8823900640
  • Tax Annual Amount: $14,585.00
  • Tax Year: 2025

Interior

Features

  • Fireplace Features: Wood Burning

Measurements

  • Living Area: 4,030

Rooms

  • Basement: Finished
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 11
  • Main Level Bathrooms: 2

Other

Location

  • Subdivision Name: University District

Parking

Parking

  • Parking Features: Off Street
  • Parking Total: 3

Schools

High School

  • High School District: Seattle

Utilities

Equipment

  • Has Cooling: Yes
  • Has Heating: Yes
  • Sewer: Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 11 bedrooms and 5 bathrooms in this single-family home at 5230 16th Avenue NE.

Does this single-family home have parking?

Yes, there are 3 parking spaces available for 5230 16th Avenue NE.

What are the annual taxes for 5230 16th Avenue NE?

Annual taxes for this single-family home are estimated at $14,585.

How does 5230 16th Avenue NE compare to other single-family homes in University Park?

This single-family home is listed 28% above the average price for single-family homes in University Park and has been on the market for 57 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 4,030 sqft.

5230 16th Avenue NE is a 11-bedroom, 5-bath single-family home for sale in Seattle WA 98105. Available on Prevu for 136 days at $2,550,000. This residence features 4,030 square feet of living space, located in Seattle. The median listing price for single-family homes in this area is $1,839,000. Property amenities include pets allowed and parking. Browse more single-family home listings in Seattle.

Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.