12017 5th Avenue SW #a, Seattle, WA 98146
Mostly completed 3-unit condominium with SFR and DADU plans.
- Added:
- Sep 11, 2025
- Days on Market:
- 271
- Last Refresh:
- May 11 at 1:50 am
Property Features for 12017 5th Avenue SW #a
General Information
- Standard status
- Active
- Size
- 3,776 SF
- Lot size
- 0.26 Acres
- Property subtype
- Land or Vacant Lot
Listing agent BARRY THARP
Listing office WINDERMERE REAL ESTATE M2 LLC (425) 776-9580
Listing date Sep 11, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of WINDERMERE REAL ESTATE M2 LLC
HighLights
- Mostly completed 3‑unit condominium project, ready for your finishing touches.
- Includes plans for a 2,176 sq.ft. SFR, an 800 sq.ft. ADA unit, and an 800 sq.ft. DADU.
- Millwork is mostly installed.
- LVP flooring is mostly installed.
- Located on a quiet, private easement.
- Close proximity to a nearby elementary school.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.1k | $31.80 |
| − Vacancy | −$4.2k | −$1.11 |
| EGI | $115.9k | $30.69 |
| − OpEx | −$52.1k | −$13.81 |
| NOI | $63.7k | $16.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.341
- Latitude
- 47.4952
