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    University District Multifamily Investment Opportunity Title is generated by Realmo AI

    5031 11th Ave NE, Seattle, WA 98105

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    Claim this Listing
    For Sale
    $7,600,000

    Prime University District corner lot with multifamily and development potential.

    Type:Commercial
    Lot size:
    0.43 Acres
    Added:
    Jan 31, 2026
    Days on Market:
    133
    Last Refresh:
    Apr 5 at 8:17 pm

    Property Features for 5031 11th Ave NE

    General Information

    Standard status
    Active
    Lot size
    0.43 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1918

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    Listing Contact
    STEVEN WEBER

    Listing agent STEVEN WEBER

    Listing office WINDERMERE GREENWOOD

    Listing date Jan 31, 2026

    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 GREENWOOD

    HighLights

    • Prime University District Location: NE corner offers high visibility and access.
    • Large 18,600 sq ft Lot: Provides ample development potential.
    • Midrise Zoning: Allows for significant building height and density.
    • Income‑Generating Property: Features 13 rental units across 4 buildings.
    • Vacant Lot Included: Offers immediate development or expansion possibilities.
    • HUD Qualified Census Tract: Potential access to beneficial HUD programs and incentives.

    Overview

    This unique opportunity features the northeast corner of a block in the University District of Seattle. Located at 5031-5045 11th Ave NE, the site is zoned Midrise and offers 18,600 square feet of lot space. The property includes 13 rental units distributed across four buildings, along with a vacant lot. The site is located within a HUD Qualified Census Tract.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.317
    Latitude
    47.6659

    FAQs

    What type of property is this?
    Commercial land - Prime University District corner lot with multifamily and development potential.
    Where is this commercial land located?
    The property is located at 5031 11th Ave NE Seattle, WA.
    What is the asking price?
    The asking price for this property is $7,600,000.
    What are key features of this property?
    This property features: Prime University District Location: NE corner offers high visibility and access.; Large 18,600 sq ft Lot: Provides ample development potential.; Midrise Zoning: Allows for significant building height and density.
    More about this property
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