Rare opportunity to acquire a high-performing University of Washington student housing asset. This 2007-built property offers 8 bedrooms and 4 bathrooms across approximately 3,234 square feet and is configured for strong group housing demand in the U-District. The property is currently leased for the 2026–2027 academic year at $8,100 per month ($97,200 annually) under a joint & several lease structure, providing immediate income visibility for the upcoming school year. Unlike much of the surrounding U-District housing stock built in the early 1900s, this residence benefits from newer construction with modern systems, radiant hydronic heating, updated interior paint, and new LVP flooring completed in 2026. Tenants historically pay utilities, keeping operating expenses simple. The property features a large kitchen with island, stainless appliances, dual laundry areas, rear deck, covered front porch, and off-street alley access parking. The property operates on an academic-year leasing cycle aligned with the University of Washington calendar. After the current lease term ends in August 2027, a buyer may continue operating the property as student housing or explore owner-occupancy while leasing additional rooms.
Listing Provided Courtesy of Corey Crain, Keller Williams Realty Bothell
General Information
NWM2487501
Multi Family
1
DOM
3001.28 SqFt
3234
2007
Residen
King
Residential Incom
Multi Family
Listing Provided Courtesy of Corey Crain, Keller Williams Realty Bothell
Krishna Realty data last checked: Mar 05, 2026 01:32 | Listing last modified Mar 05, 2026 03:15,
Source:
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Residence Information
3234
Composition
55 - 5-9 Units
2007
Poured Concrete
See Remarks, Thermal
Features and Utilities
Cement Planked
Public
Sewer Connected
0
Financial
13579
Conventional
03-04-2026
Comparable Information
1
1
Conventional
$1,250,000
$1,250,000
Mar 05, 2026 03:15
Schools
Map
Listing courtesy of Keller Williams Realty Bothell.
Rare opportunity to acquire a high-performing University of Washington student housing asset. This 2007-built property offers 8 bedrooms and 4 bathrooms across approximately 3,234 square feet and is configured for strong group housing demand in the U-District. The property is currently leased for the 2026–2027 academic year at $8,100 per month ($97,200 annually) under a joint & several lease structure, providing immediate income visibility for the upcoming school year. Unlike much of the surrounding U-District housing stock built in the early 1900s, this residence benefits from newer construction with modern systems, radiant hydronic heating, updated interior paint, and new LVP flooring completed in 2026. Tenants historically pay utilities, keeping operating expenses simple. The property features a large kitchen with island, stainless appliances, dual laundry areas, rear deck, covered front porch, and off-street alley access parking. The property operates on an academic-year leasing cycle aligned with the University of Washington calendar. After the current lease term ends in August 2027, a buyer may continue operating the property as student housing or explore owner-occupancy while leasing additional rooms.
