University District Real Estate

city: Seattle
neighborhood: University District

The University District is a vibrant and bustling neighborhood located in the heart of Seattle, Washington. Known for its lively atmosphere, diverse community, and close proximity to the University of Washington, this area offers a unique blend of academic, cultural, and recreational opportunities.

As the name suggests, the University District is home to the renowned University of Washington, one of the top public universities in the United States. This prestigious institution attracts students, faculty, and researchers from around the world, creating a dynamic and intellectually stimulating environment.

Apart from its academic appeal, the University District also boasts an array of cultural attractions. The neighborhood is dotted with art galleries, theaters, and live music venues, offering residents and visitors a rich cultural experience. The Henry Art Gallery, Neptune Theatre, and the historic Varsity Theatre are just a few examples of the cultural gems found in this area.

In addition to its academic and cultural offerings, the University District is also a haven for outdoor enthusiasts. The neighborhood is nestled between the scenic shores of Lake Washington and the lush green spaces of Ravenna Park. Residents can enjoy hiking, biking, and picnicking in these picturesque settings, providing a welcome escape from the bustling city life.

The University District is also well-connected to the rest of Seattle, with convenient public transportation options and easy access to major highways. This makes it a desirable location for those who work or study in downtown Seattle or other nearby areas.

Overall, the University District offers a vibrant and diverse community, a thriving academic scene, and a wealth of cultural and recreational opportunities. Whether you're a student, a young professional, or a family, this neighborhood has something for everyone.

Newest Listings in University District

$3,785,000

2558839 MLS ⋅ ACTIVE Status

Premier 10,000sqft University of Washington development site on Greek Row (PARKING LOT ONLY). Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached includes survey, geotech, arborist report, etc. Phase I available upon request (file size is too large to upload). Current monthly income from Diamond Parking Lease.

4626 21st Avenue NE, Seattle

Listing courtesy of Alchemy Real Estate.

$8,350,000

2556646 MLS ⋅ ACTIVE Status

Premier 20,000sqft University of Washington development site on Greek Row. Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached and full Due Diligence package available upon request. Entitlements for a +/-150 unit student housing building are in the final stages of reviews with Seattle Department of Construction and Inspections (SDCI). Current monthly income from Diamond Parking Lease. Building is occupied by a non-profit and receives a substantial property tax exemption (20 day notice to vacate).

4626 21st Avenue NE, Seattle

Listing courtesy of Alchemy Real Estate.

$799,000

3 Beds ⋅ 3 Baths ⋅ 2540468 MLS ⋅ ACTIVE Status

Just blocks from UW, this rare PRE-INSPECTED END-UNIT TOWNHOME is not just a place to live, it is a smart UNIVERSITY-AREA INVESTMENT. One student can occupy the home while unused bedrooms create strong ROOM-RENTAL POTENTIAL, with NO HOA limiting your options. Tucked behind the front row of townhomes and set back as a corner unit, this home offers something truly hard to find in the U District: PRIVACY. Inside, ALL NEW INTERIOR PAINT, LUXURY LAMINATE PLANK FLOORS, SLAB QUARTZ COUNTERS, GAS COOKING, STAINLESS APPLIANCES, and an open KITCHEN AND LIVING ROOM create a bright, move-in ready main level. The living space overlooks a LARGE GRASS AREA instead of the street, giving the home a quieter, more residential feel. Extra END-UNIT WINDOWS bring in natural light throughout. The LOWER LEVEL features TWO BEDROOMS, a BATHROOM, and NEW CARPET through the bedrooms and stairs. The SECOND LEVEL offers a true PRIMARY SUITE, with an additional bathroom accessible for the TOP-FLOOR LOFT, ideal for an additional bedroom-style space, OFFICE, or STUDY AREA. ASSIGNED PARKING, MINI-SPLIT HEATING AND COOLING, TANKLESS WATER HEATER, ROOFTOP DECK, MODERN CONSTRUCTION, and a FULL PRE-INSPECTION round out the package. With a WALK SCORE OF 98, this is true U District convenience: UW, dining, transit, coffee, groceries, and daily essentials all within easy reach.

5244 Brooklyn Avenue NE Unit #A, Seattle

Listing courtesy of Stanifer Properties Realty.

$250,000

2550523 MLS ⋅ ACTIVE Status

Prime business opportunity located in the heart of Seattle’s University District on University Way NE with 3,800 sqft. This highly visible location offers strong exposure in one of Seattle’s most active neighborhood corridors, surrounded by students, residents, apartments, restaurants, retail, and daily foot traffic. Ideal for an owner-operator or investor looking to take over an established business location with excellent growth potential.The area benefits from proximity to the University of Washington, public transportation, dense residential housing, and a steady customer base throughout the week. A great opportunity to continue the existing concept or bring fresh energy to a well-positioned business in the U District market. Buyer to verify all business information, lease terms, financials, equipment, inventory, and permitted uses to their own satisfaction.

4743 University Way NE, Seattle

Listing courtesy of Keller Williams Rlty Bellevue.

$735,000

2 Beds ⋅ 1 Baths ⋅ 2551590 MLS ⋅ ACTIVE Status

Why settle for a townhome when you can own your own charming Ravenna bungalow with a spacious yard? This beautifully updated home blends timeless character with modern comforts and is perfectly sized for easy living. The inviting interior is bright, stylish, and move-in ready, while the expansive backyard offers endless possibilities for gardening, entertaining, hobbies, or extra storage with multiple outbuildings. A rare opportunity to enjoy privacy and outdoor space in one of Seattle's most sought-after neighborhoods. Leave the car behind and enjoy an exceptional walkable lifestyle with neighborhood parks, local cafés, shopping, restaurants, and public transit just steps away. Convenient to the University of Washington, Green Lake, downtown Seattle, and major commuter routes. A true condo and townhome alternative with no shared walls and room to make it your own.

5621 Brooklyn Avenue NE, Seattle

Listing courtesy of Bentley Properties.

$299,000

1 Beds ⋅ 1 Baths ⋅ 2553198 MLS ⋅ ACTIVE Status

Tucked inside the historic 1923 Wayfarer Cooperative, this 1 bedroom retreat blends old-world Seattle charm with the comfort and sophistication of a luxury hotel suite. Perfect as a pied-à-terre or a stylish home base for visitors attending Husky games and campus events, this light-filled residence is ideally located just three blocks from the light rail and two blocks to UW campus. Warm oak hardwood floors, high ceilings, and oversized insulated windows create a serene and inviting atmosphere. The expansive bedroom features a built-in Murphy bed for overnight guests, while a flexible sleeping nook off the living room makes an ideal home office or reading lounge. Thoughtful updates include rewired kitchen and bath, custom shades, two built-in wall safes, and a rare walk-in closet. The remodeled kitchen pairs timeless style with modern convenience, featuring Soapstone countertops, a porcelain farm sink, KitchenAid dishwasher, and convection oven with quick-heat halogen elements. The elegant bath is finished with dramatic black marble floors, adding a luxurious touch to the home’s vintage character. Enjoy easy first-floor access plus free laundry, extra storage locker, and bike storage in the basement. Parking is available nearby. HOA dues include property taxes, heat, water, sewer, garbage, and building insurance. With a Walk Score of 99, cafés, restaurants, parks, the farmer’s market, and campus life are just moments away.

4725 15th Avenue NE Unit #12, Seattle

Listing courtesy of Redfin.

$2,300,000

7 Beds ⋅ 5 Baths ⋅ 2551977 MLS ⋅ ACTIVE Status

Positioned in the heart of Seattle’s highly sought-after University District, this exceptional property offers a rare blend of versatility, comfort, and income potential just minutes from the University of Washington. Featuring three separate living spaces, including a beautifully remodeled 3,092 sqft main residence with a fully finished lower level complete with its own private entrance and kitchen, plus a stunning detached 1,058 sqft DADU, this is an outstanding opportunity for investors, multi-generational living, or owner-occupants seeking rental income. Extensively renovated with permits, the property features a new roof, siding, windows, updated plumbing, modern electrical systems, and brand-new air conditioning systems in both the main home and DADU to keep you comfortable year-round. Inside, you'll find beautifully remodeled kitchens and bathrooms, designer cabinetry, premium countertops, ceramic tile, stainless steel appliances, and quality finishes throughout. The lower level offers excellent flexibility for rental income or extended living, while the detached DADU provides privacy and strong rental appeal. Outside, enjoy professionally landscaped, fully fenced grounds with a secure electric gate, ample parking and easy maintenance yard. With three separate living areas, extensive updates, and a prime location in one of Seattle’s most desirable neighborhoods, this property is a rare opportunity with exceptional investment and lifestyle potential.

5520 Brooklyn Avenue NE, Seattle

Listing courtesy of KW Lake Washington So.

$3,200,000

2552535 MLS ⋅ ACTIVE Status

Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. All townhomes were built in 2008, the triplex was built in 1927 and renovated in 2025. The property offers a desirable mix of spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside.

4218 Pasadena Place NE, Seattle

Listing courtesy of Real Broker LLC.

$289,000

1 Beds ⋅ 1 Baths ⋅ 2551817 MLS ⋅ ACTIVE Status

Location, Location, Location! Live in the heart of Seattle's vibrant University District in this charming, remodeled 1923 co-op at the historic Wayfarer. Boasting an incredible Walk Score of 99, you'll enjoy the ultimate urban lifestyle just two blocks from the University of Washington, Link Light Rail, the lively University District, and the popular weekly Farmers Market.This spacious one-bedroom blends vintage charm with thoughtful updates, featuring a remodeled kitchen with a cozy eating nook, quartz counters, subway tile back-splash & SS appliances.The building has recently completed refinished common area floors and fresh interior paint—already paid for by the seller. Amenities include dedicated storage, a bike room, and convenient on-site laundry. Parking rentals are readily available nearby, and cats are welcome!HOA dues provide exceptional value, covering property taxes, earthquake insurance, central heat, hot water, sewer, and garbage—making ownership both convenient and affordable.A rare opportunity to own a beautifully updated unit in one of Seattle's most sought-after neighborhoods, with everything you need just steps from your front door.

4725 15th Avenue NE Unit #16, Seattle

Listing courtesy of KW Greater Seattle.

$4,950,000

2549382 MLS ⋅ ACTIVE Status

Prime development land in Seattle's University District — one block from UW's central campus, steps from U District Link light rail, and flanked by the retail corridor along University Way and 15th Ave NE. Three contiguous parcels totaling 12,960 SF, zoned NC2-75(M) and NC2-65(M1), supporting multifamily, student housing, and ground-floor commercial with mixed-use FAR up to 6.0. Sites of this size and zoning quality adjacent to UW rarely come to market. Priced at $4,950,000 — well below King County assessed value — offering immediate equity and full development flexibility. An exceptional opportunity for developers and investors seeking premium entitled land with the greatest investment value in Seattle's most supply-constrained university submarket.

4722 - 4730 15th Avenue NE, Seattle

Listing courtesy of Best Choice Realty LLC.

$6,500,000

2543808 MLS ⋅ ACTIVE Status

The Laureate presents a rare opportunity to acquire a well-maintained 23-unit multifamily asset building in the heart of the Seattle’s University District neighborhood and walking distance to both the University of Washington and the Link Light Rail Station. Originally built in 1961, the property benefits from recent extensive capital improvements and interior renovations, positioning the asset as a compelling combination of stable in-place income and future revenue growth potential. Ownership has invested significantly in the systems over the past 5 years: including a membrane roof replacement, replacement of all individual hot water tanks, securing and gating the parking for 17 vehicles, as well as overhauling the sprinkler system. Featuring a unit mix of 20 sizable 650 SF, 1-bedroom units and one 800 SF, 2-bedroom unit, select units have been renovated with modern finishes including luxury vinyl plank flooring, updated kitchens, stainless steel appliances, including dishwashers and in-unit W/D installations. All units feature A/C, and 1st floor units include patio access. The existing renovations provide future ownership with a blueprint to continue remodeling unit interiors and capture additional rental upside. Additionally, there is potential to assume the current debt with term through 2031.

4731 12th Avenue NE, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$620,000

2 Beds ⋅ 2 Baths ⋅ 2543084 MLS ⋅ ACTIVE Status

Priced to sell. A steal price! Contemporary town home in the University District! Walking distance to nearby convenience facilities and stores. Vaulted ceilings, hardwood floors in an open living space! Beautiful kitchen cabinets and counter tops. Fuel efficient gas fired hydronic heat. Built-in alarm. Fresh new paint throughout the home and comes with a 1 car garage. This is a definite must see!

5033 12th Avenue NE Unit #B, Seattle

Listing courtesy of Skyline Properties, Inc..

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