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    5026 20Th Ave NE Seattle, WA 98105

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    For Sale
    $1,450,000

    Triplex near UW with strong cash flow and student demand.

    Lot size:
    0.09 Acres

    Property Features for 5026 20Th Ave NE

    General Information

    Lot size
    0.09 Acres
    Exterior features
    exterior_features, : ["Composition"]
    Interior features
    Interior Feature 1, : "Hot Water Recirc Pump", "Interior Feature 2": "Dishwasher(s)", "Interior Feature 3": "Refrigerator(s)", "Interior Feature 4": "Stove(s)/Range(s)"

    Building Details

    Year built
    1920

    Source: Keller Williams RealtyKeller Williams RealtyKeller Williams Realty Agent Corey CrainCorey CrainCorey Crain

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Performing U-District Triplex

    The property, known as University Manor, is a triplex located in the U-District, near the University of Washington and U-Village. The property features a 3,000 square foot main unit with 8 beds and 3 baths, rented for $7,300 per month. Additionally, there are two 525 square foot units, rented for $1,350 and $1,150 per month respectively. The property has a history of student demand and low vacancy. Common laundry facilities, off-street parking, and large storage are included. The property is offered as part of a U-District portfolio.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3062249
    Latitude
    47.6657579

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    FAQs

    What type of property is this?
    Triplex - Triplex near UW with strong cash flow and student demand.
    Where is this triplex located?
    The property is located at 5026 20Th Ave NE Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - High-performing triplex in the heart of the U-District, steps to UW and U-Village.; - Strong, stable cash flow with a long history of student demand and low vacancy.; - Includes a **large 8-bed/3-bath main unit (3,000 SF) rented at $7,300/mo.**
    Request Owner's contact information
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    Seattle, WA 98105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5026 20Th Ave NE Seattle, WA 98105
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