Pending220d on marketHistoric · 117 yrs
4738 17th Avenue NE
Seattle, WA, 98105 • University District • King County
$2,600,000
$501/sqft
Down payment assistance available
23Beds
6Baths
5,186Sqft
0.1 acLot
1909Built
Property DNA
Territorial Views
Territorial
Multi Level Style
Built 1909 · 117 years of history
University District
University District
Outdoor Living
Second Kitchen · Dbl Pane/Storm Window · High Tech Cabling · Walk-In Closet(s) · Water Heater
Special Features
ADU Beds: 5 · ADU Baths: 1
This home is getting attention
Listed 220 days ago · 834 views · 14 saves
Market activity
Demand and pricing signals for this listing
834 views
People checking out this listing
14 saves
Buyers have saved this home
220 days on market
Established listing
$501/sqft
Price per square foot
About this home
Single Family · Built 1909 · Historic
Clear & Present 8.0 Cap Rate ~ Welcome to Madison Manor. Quintessential high occupancy/ high cap/ low cost UW Greek Row 18-Unit. Leased to same group w/ zero vacancy 5+ years & pre-leased till August 2027 w/ All Deposits & Cosigners. Numbers shown in Listing are 2025 actual. Exemplary condition: four levels sprinkler system serviced yearly, all newer double windows, commercial furnace 2022, all copper inside, good electrical panel/ wiring/ roof/ commercial water tank, RRIO certified by city Dec 2023, pro exterior paint 2019, new kitchens & baths & flooring 2020, full Inspection Reports available. Madison Manor retains 80+% of GSI year after year, by UW Main Entrance w/ prestige of high demand for 17th Boulevard Greek Row. Smart groups seek the giant front porch & formal entry hall, high ceilings & heavy wood trim, grand box beam living room adjacent to main kitchen, wide staircases & open landings, 2nd Kitchen/ 2nd Entry for Duplex Use, paved alley w/ 4 parking stalls, etc. Key Factor is Room Size: 3 medium + 15 giant Bedroom's, some 200+ sqft, some w/ dual sleeping alcoves, all to attract & retain this proven 2025-2026-2027 $1192/m per unit. Prior 2025 Buyer applied for 25% Down; was approved @ 40% Down/ 7.0% IR fixed for 30 yrs. This DSCR Loan is appraised & avail to you = turn key 8-10% cash flow & ROI. Other comm loans avail too. It's unusual to see zero vacancy & NOI at 80% over five years, for Madison Manor it's business as usual by the University.
Estimated monthly payment
Based on current rates
$16,190/month
Principal & Interest$12,723
Property Tax$2,600
Insurance$867
Down payment20% ($520,000)
3%50%
Est. 6.19% rate · 30yr fixed · $2,080,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1909
HeatingForced Air, Natural Gas
CoolingNone
ParkingOff Street
Lot4,321 sqft
Days on Zillow220 Days
Price/sqft$501
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleMulti Level
ConditionGood
Year built1909
Systems
HeatingForced Air, Natural Gas
CoolingNone
RoofComposition,Torch Down
ConstructionWood Siding
Water / SewerPublic, Company: Seattle / Sewer Connected, Company: Seattle
Parking & Outdoor
ParkingOff Street
BasementFinished
Lot4,321 sqft
Location & Tax
NeighborhoodUniversity District
ZoningLR-3
Annual tax$16,063
Parcel8823901845
Bathrooms & Fees
Full baths1
Features & details
13 categories of property features
Interior Features
Interior
High Tech Cabling
Appliances
Dishwasher
Dryer
Refrigerator
Stove(s)/Range(s)
Washer
Dishwasher(s)
Dryer(s)
Refrigerator(s)
Washer(s)
Water Heater: Gas
Water Heater Location: Basement
Flooring
Vinyl
Vinyl Plank
Carpet
Heating
Forced Air
Natural Gas
Cooling
None
Windows
Dbl Pane/Storm Window
Exterior Features
Parking
Off Street
Construction
Wood Siding
Patio & Porch
Second Kitchen
Dbl Pane/Storm Window
High Tech Cabling
Walk-In Closet(s)
Water Heater
Lot Features
Curbs
Paved
Sidewalk
Fenced-Partially
Gas Available
High Speed Internet
Sprinkler System
Views
Territorial
Utilities
Comiast Business
Other Structures
ADU Beds: 5
ADU Baths: 1
Room details
13 rooms detailed
Bedroom
MainBedroom
MainBedroom
MainBedroom
MainBedroom
MainBedroom
SecondListing insights
Market data and value estimates
StatusPending
Days on market220
Est. value$2,360,400
Est. rent$2,008/mo
Tax rate0.82%
Price/sqft$501
On marketFeb 3, 2026
PostedAug 29, 2025
Last sold$925,000
MLS statusPending
MLS updatedApr 1, 2026
Tour days6
Views834
Favorites14
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98105
Price history
5 events
DateEventPrice$/sqftSource
Apr 1, 2026Pending Sale$2,600,000$501NWMLS as distributed by MLS GRID
Feb 12, 2026Listed For Sale$2,600,000$501NWMLS as distributed by MLS GRID
Sep 6, 2025Pending Sale$2,600,000$501NWMLS as distributed by MLS GRID
Aug 29, 2025Listed For Sale$2,600,000$501NWMLS as distributed by MLS GRID
Dec 27, 2006Sold$925,000$178NWMLS as distributed by MLS GRID
Pending Sale$2,600,000
Apr 1, 2026•$501/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,600,000
Feb 12, 2026•$501/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,600,000
Sep 6, 2025•$501/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,600,000
Aug 29, 2025•$501/sqft•NWMLS as distributed by MLS GRID
Sold$925,000
Dec 27, 2006•$178/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$16,063$1,658,900
Apr 7, 2023$15,930$1,677,500
Apr 7, 2022$14,094$1,649,700
Apr 7, 2021$11,351$1,210,600
Apr 7, 2020$11,891$1,210,600
Apr 7, 2019$13,571$1,407,900
Apr 7, 2018$11,178$1,284,900
Apr 7, 2017$11,332$1,132,900
Apr 7, 2016$8,104$1,095,900
Apr 7, 2015$8,104$1,048,300
Apr 7, 2014$8,104$842,900
Apr 7, 2013$8,104$842,900
Apr 7, 2012—$806,000
Apr 7, 2011—$925,000
Apr 7, 2010—$958,600
Apr 7, 2009—$958,600
Apr 7, 2007—$772,100
Apr 7, 2006—$729,400
Apr 7, 2005—$729,400
Apr 7, 2001$5,332$458,400
Apr 7, 2000$5,641$458,400
Nearby homes
Neighborhood details
Local context around this listing
Seattle, WA • King County
Nearby neighborhoods
AdamsCapitol HillFirst HillFremontGreenwoodMagnoliaMinorRavennaUniversity DistrictWallingford
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040981039810598109981159811798118981229812598133
Based on information submitted to the MLS GRID as of 2026-04-07 06:53:36 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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