MLS #2549082 / Listing provided by NWMLS & Kidder Mathews.
$4,500,000
4714 17th Avenue NE
Seattle,
WA
98105
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Parking Total: 6
- Total Uncovered Parking Spaces: 6
Structure
- Roof: Composition
- Exterior Features: Wood Products
- Foundation: Poured Concrete
Lot Details
- Lot Features: Curbs, Paved, Sidewalk
- Acres: 0.1983
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Lot Features: Curbs, Paved, Sidewalk
- Acres: 0.1983
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: Seattle Light
Water, Sewer, and Garbage
- Sewer Company: SPU
- Sewer: Sewer Connected
- Water Company: SPU
- Water, Sewer, and Garbage: 14469
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