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About the Listing 5243 - 109583
Rare investment and development opportunity within walking distance to the University of Washington! This single-family home sits on a level, highly usable lot in an exceptional location with strong long-term potential. The existing home offers immediate flexibility for rental income, with potential use as rental housing or a boarding home, subject to applicable regulations and approvals. For builders and developers, the property may also offer exciting redevelopment possibilities, including townhomes or multifamily/apartment development, subject to zoning and City approval. A one-car garage provides additional parking and storage. With its flat lot, existing residence, outstanding proximity to UW, and multiple potential investment strategies, this property is an excellent opportunity for investors, developers, or builders looking to secure a well-located asset in one of Seattle’s most consistently in-demand rental areas. Buyer to verify zoning, development potential, cash flow investment, and permitting requirements to their satisfaction.
Listing Highlights for 5018 20th Ave NE
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full / 1 Three-Quarter
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
- Air Cond:
- Heating: Forced Air
- Fireplaces: 1, Wood Burning,1 Fireplace
- Floor: Vinyl Plank
- Basement: Finished
- Other: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,Walk-In Closet(s)
- Water: Seattle Public Utilities
Exterior Details
- Lot Description: Curbs,Paved,Sidewalk,Built On Lot,Fenced-Fully,Patio
- Garage Capacity: N/A
- Parking Spaces: 1
- Roof: Composition
- Others: Wood,Good
- Sewer: Seattle Public Utilities
- Parking Features: Attached Garage,Covered
Financial Details
- Tax Amount: $14,534
- Taxes w/Assessments: N/A
- Tax/Property ID: 7173700135
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
5018 20th Ave NE Seattle, WA 98105
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