4714 - 4718 17th Ave NE
Seattle WA 98105
University of Washington Rooming Houses
4714 - 4718 17th Ave NE Seattle WA 98105
Listing #: 714876 | Status: Available | Last Modified: 7/8/2026 |
For Sale
- Phone:(425) 736-5516
- Email:matt.laird@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Agent Phone:(425) 681-7695
- Agent Email:winslow.lee@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,500,000.0
- $/SF$ 389.3
- $/Unit$ 4,500,000.0
- Listing StatusAvailable
- Days on Market8
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income420,771
- Vacancy Factor %0.00%
- Operating Expenses146,940
- Net Operating Income273,831
- CAP Rate 6.09 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 6.09 %
- Building StatusExisting
- # of Buildings2
- # of Floors3
- # of Units45
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF11560
- Net Rentable Area11560
- Total Office SF
- Largest Contiguous SF
- Lot SF8634
- Acres0.2
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaU-District
- Tax ID #8823901815
- Additional Parcels8823901820
- ZoningLR3(M)
- # Covered Spaces0
- # Uncovered Spaces7
- Total Parking Spots7
- Parking Ratio
- Year Built1909
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
UW Rooming Houses
HIGHLY ATTRACTIVE SELLER FINANCING 3.85%, 20% DOWNPAYMENT, 5 YEAR TERM. 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.
Great U-Dist location. Former Sigma Alpha MU Fraternity.
