5018 20th Avenue NE · Seattle, WA 98105
Source: NWMLS · Keller Williams Rlty Bellevue · Maggie Sun #NWM2582722
About this home
Rare investment and development opportunity within walking distance to the University of Washington! This single-family home sits on a level, highly usable lot in an exceptional location with strong long-term potential. The existing home offers immediate flexibility for rental income, with potential use as rental housing or a boarding home, subject to applicable regulations and approvals. For builders and developers, the property may also offer exciting redevelopment possibilities, including townhomes or multifamily/apartment development, subject to zoning and City approval. A one-car garage provides additional parking and storage. With its flat lot, existing residence, outstanding proximity to UW, and multiple potential investment strategies, this property is an excellent opportunity for investors, developers, or builders looking to secure a well-located asset in one of Seattle’s most consistently in-demand rental areas. Buyer to verify zoning, development potential, cash flow investment, and permitting requirements to their satisfaction.
Location
Basics
- Property type
- Single Family Residence
- Style
- 2 Stories w/Bsmnt
- Stories
- 2 stories
- Condition
- Good
- Year built
- 1920
- Lot size
- 3,700 sq ft (0.08 acres)
- County
- King
- MLS #
- NWM2582722
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Vinyl Plank
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 1 · Wood Burning
- Interior features
- Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Walk-In Closet(s)
- Entry level
- Main
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Foundation
- Pillar/Post/Pier, Poured Concrete
- Lot features
- Curbs, Paved, Sidewalk
- Topography
- Level
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 1
- Garage
- Yes (attached)
- Covered spaces
- 1
- Parking features
- Attached Garage
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- University District
- Property tax
- $14,534 (2026)
Transaction
- Listed on
- Sep 22, 2026
- Days on market
- 0
- Price per sq ft
- $527
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2018-09-14
- Sold$925,000
- 2005-12-15
- Sold$470,000
Schools
School district: Seattle
- Elementary
- Laurelhurst
- Middle
- Eckstein Mid
- High
- Roosevelt High SchoolSchoolDigger 5 stars · Top 3% in WA

Listing provided courtesy of: Keller Williams Rlty Bellevue
Listing agent: Maggie Sun.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-23.