University District, Seattle, WA Homes for Sale

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Overview of the University District Real Estate Market

The University District, often referred to as the U-District, is a vibrant neighborhood in Seattle, Washington, known for its proximity to the University of Washington. This area features a mix of residential options, from historic homes to modern apartments, catering to students, faculty, and families alike. Its unique blend of amenities, parks, and cultural attractions makes it a desirable location for many. The real estate market here is competitive, driven by the influx of students, young professionals, and investors looking for rental properties.

Types of Properties Available

The University District boasts a diverse range of properties, including single-family homes, townhouses, and apartment complexes. Many of the single-family homes date back to the early 20th century, offering charming architectural features, while newer developments cater to modern aesthetics. A significant portion of the market is comprised of multi-family units, which are particularly appealing to investors given the high demand for student housing in the area. With the University of Washington just a stone's throw away, rental properties often see high occupancy rates.

Market Trends and Pricing

Investment Opportunities

The University District offers numerous investment opportunities, particularly for rental properties targeting students and university staff. With the consistent demand in the area, investors often see good returns on their properties. Moreover, the area has seen an increase in new construction, which not only enhances the neighborhood's appeal but also creates additional rental options. Investors looking to purchase multifamily homes or properties suitable for short-term rentals may find particularly lucrative opportunities here.

The Lifestyle Factor

Living in the University District means having access to an eclectic mix of restaurants, cafes, shops, and cultural attractions, making it an exciting place to reside. The neighborhood features beautiful parks, such as Ravenna Park and University Washington's waterfront, providing outdoor recreation opportunities. Community events, art exhibits, and university-related activities contribute to a lively atmosphere, attracting a diverse range of residents. The strong sense of community and the vibrant social scene ensures that the University District remains one of Seattle's most beloved neighborhoods.

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Newest University District, Seattle, WA Homes for Sale

$1,500,000

2298683 MLS ⋅ ACTIVE Status

The recently updated spacious single-family home unit offers 8 bedrooms and 4 bathrooms, plus a fully remodeled non-conforming ADU studio unit. Updates include a new water heater, flooring, and paint for the main unit plus new flooring, paint, countertops, cabinets, appliances, bathroom tile and plumbing fixtures in the ADU. The property is situated within walking distance to the University of Washington and is a magnet for anyone seeking convenient, comfortable housing. Located in a bustling area with easy access to campus, public transportation, dining, and shopping. This property boasts a remarkable rental income of $9,775 per month, with extremely low expenses since tenants cover all utilities and minimal landscaping is required.

4321 9th Avenue NE, Seattle

Listing courtesy of Better Properties - Metro.

$950,000

6 Beds ⋅ 3 Baths ⋅ 2295739 MLS ⋅ ACTIVE Status

Same owner for last 12 years with no vacancies. Last year rent was $6,000/mo; Develop it as the rest of the block's, student housing as is with great cash flow, or air B&B or easily convert living & dinning room back to a single family residence. Next door built 24 studios. Currently used as a 8 bedrooms & 3 bath house with dinning & living converted temporarily. About 400 sqft garage in the back in addition to the 2 parking spaces, alley access. Redfin at $1.16 million, Zillow at 1.2 million, Real AVM from King County at $1.13 million. Value in land or as an investment propty. Owner out of state. Priced for a quick sale while interest rates start going down. For last 12 years rented as a group lease. Can also rent by rooms around $1000/rm.

5610 Roosevelt Way NE, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$425,000

1 Beds ⋅ 1 Baths ⋅ 2293885 MLS ⋅ ACTIVE Status

Experience urban living at its finest from this stylish corner unit in Seattle’s vibrant University District. Boasting a walk score of 93, this incredibly convenient location puts you steps from some of Seattle’s best restaurants, shops & entertainment. You’re also just a leisurely stroll away from UW. The expansive open floor plan features large sun-drenched windows with top-down/bottom-up shades. Cook with ease in the sleek, spacious kitchen, complete with stainless steel appliances & granite countertops. Enjoy the ease of in-unit laundry, covered parking & extra storage. Commuters will appreciate the close proximity to I-5 (without the noise), bus routes, & light rail. Plus, no rental cap & pets are welcome—make this your new home!

4547 8th Avenue NE Unit #406, Seattle

Listing courtesy of Windermere RE Greenwood.

$5,100,000

2294091 MLS ⋅ ACTIVE Status

The Davison is timeless, well-maintained pride of ownership building in the heart of the Seattle’s University District neighborhood and walking distance to the University of Washington. It features spacious units averaging 670 sf per unit with a unit mix of 10 studios and 13 1-bedrooms (buyer to verify). Units feature elegant crown molding, oak hardwood floors and vintage penny tile. Most units feature newer kitchen cabinets and granite countertops as well as vanities. The building also features six secure garage spaces with access off the alley. Sitting on an 8,220 sf LR3 zoned corner lot, the Davison is a handsome opportunity to realize significant rental upside in one of Seattle’s most sought-after and well supported rental markets

5003 15th Avenue NE, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$420,000

1 Beds ⋅ 1 Baths ⋅ 2285799 MLS ⋅ ACTIVE Status

Charming 1-bedroom, 1-bath condo in the U District with 761 sq ft of living space. Located near the University of Washington, UW Medical Center, and light rail, with easy access to I-5, 405, and 520. This pet-friendly building offers no rental cap, secure parking, bike storage, and a welcoming lobby. Ideal for first-time buyers or as a rental investment, with a location that allows for easy walking access to UW and other nearby amenities. Don’t miss this opportunity to own in a prime location! Seller will pay 1 year HOA due at the closing!

4343 Roosevelt Way NE Unit #408, Seattle

Listing courtesy of Best Choice Realty.

$595,000

2 Beds ⋅ 2 Baths ⋅ 2287206 MLS ⋅ ACTIVE Status

Experience urban living at its best in this updated 2-bed, 1.75-bath condo. West-facing &located on the quiet side of the building this tranquil oasis sits in the heart of the bustling U District. Cozy up by the gas fireplace in the living room, or enjoy views of a serene courtyard with a tree-canopy from both the living room, primary bedroom, & private balcony. Fresh paint & carpet, an updated kitchen with brand new quartz countertops & stove, & a new water heater, dishwasher, microwave, & W/D within the last 5 years make this home move-in ready. Enjoy the convenience of a tandem 2 car parking spot in a secured garage, while being only mins from UW, light rail, shops, & more, with easy access to I-5 & 520. Pet-friendly, no rental cap!

4343 Roosevelt Way NE Unit #405, Seattle

Listing courtesy of Redfin.

$409,000

1 Beds ⋅ 1 Baths ⋅ 2284672 MLS ⋅ ACTIVE Status

Spacious one bedroom, one bath with nice view to the north from the 20th floor. Square footage is 710, comes with one parking space (carport), storage and security. Included in HOA's is heat, lights, water, sewer, garbage, earth quake ins, outside pool, cabana, gym and balcony.

4540 8th Avenue NE Unit #2004, Seattle

Listing courtesy of Windermere Real Estate Co..

$590,000

1 Beds ⋅ 1 Baths ⋅ 2285239 MLS ⋅ ACTIVE Status

Charming one-bedroom condo at The Ravenna House, across from Ravenna Park. This bright, tastefully remodeled unit features a spacious layout with office space, a large walk-in closet, and in-unit washer/dryer. Enjoy lovely park views and peek-a-boo glimpses of Mt. Rainier on clear days from your generous balcony. The building boasts newer exterior siding, secure garage, off-unit storage, and a premium parking spot. Well-managed and financially stable, it's conveniently located within walking distance to U Village, UW campus, restaurants, and the Burke-Gilman Trail. A fantastic opportunity in a prime location!

2211 NE 54th Street Unit #2B, Seattle

Listing courtesy of Windermere Real Estate Central.

$2,250,000

2281436 MLS ⋅ ACTIVE Status

Prime Investment Opportunity in Seattle’s U-District! This fully leased duplex on a spacious 6,600 SF lot offers steady rental income and strong development potential. Survey and geotechnical reports is ready for your next project. Zoned MR (M1) for mid-rise multifamily development, the property features an 80-foot height limit, 4.5 FAR, and no parking requirements. Located within walking distance to the UW campus, Light Rail, and quick access to I-5. Don’t miss this rare chance to invest in one of Seattle’s most desirable neighborhoods! The University of Washington, ranked No. 7 globally and No. 2 among U.S. public universities (U.S. News & World Report), this property is perfect for both ongoing rental use or future development.

4247 7th Avenue NE, Seattle

Listing courtesy of Prolink Realty, LLC.

$425,000

1 Beds ⋅ 1 Baths ⋅ 2284994 MLS ⋅ ACTIVE Status

Urban Living at its best. NO RENTAL CAP on this oversized 1 bedroom condo in the newer, secure La Terrazza building. Secure and safe building just a few blocks west of Univ. of Washington campus. Open floorplan design. Primary bedroom features a walk-in closet. The unit features a secure assigned parking spot, covered deck, washer/dryer in the unit and storage/bike locker. This is a turnkey condo with Milgard Windows, newer carpet, fresh paint, fridge, water heater, waterlines, LVP bathroom floor and updated trim. The building offers a keyless secure lobby entrance w/an elevator, common area office space. Stroll to the U District’s dining, shopping, parks, & easy access to I-5 and 520. A great opportunity for both homeowners and investors.

4343 Roosevelt Way NE Unit #310, Seattle

Listing courtesy of RE/MAX Integrity.

$695,000

3 Beds ⋅ 3 Baths ⋅ 2284930 MLS ⋅ ACTIVE Status

Contemporary Designed, Vacant, 3 Bedrooms. 2Bath Townhome. Spacious LR. with Fireplace. Very Bright Spacious Master with Balcony. Great for Self use or Rental. NO HOA. Single car garage with Laundry Area. 1 Extra bonus open parking space next to building (Right Side). Easy Access to UW, I-5, SR 520, Walking distance to Light Rail, Downtown Seattle. Must see!

4355 8th Avenue NE, Seattle

Listing courtesy of AgencyOne.

$759,950

2 Beds ⋅ 2 Baths ⋅ 2279858 MLS ⋅ ACTIVE Status

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..

$775,000

3 Beds ⋅ 2 Baths ⋅ 2278401 MLS ⋅ ACTIVE Status

Come home to this rare 3bd/2bth unit, featuring 20th floor panoramic views of Seattle and Mt. Rainier! Along with an abundance of closet space and office/bonus room, recent interior updates include new paint, carpets, and a fully remodeled kitchen. Washer and dryer in unit. The HOA is well-managed and includes amenities like on-site management, pool, exercise room, sauna, rec room, cabana, bike storage, EV charging, assigned parking (plus guest parking!) and assigned storage room. All this is packaged in an ideal location, blocks from light rail, the UW and UW hospital. Building is pet-friendly and has no rental cap. Water, sewer, garbage, electricity and shared WiFi are all included in the HOA dues.

4540 8th Avenue NE Unit #2001, Seattle

Listing courtesy of eXp Realty.

$1,100,000

2 Beds ⋅ 1 Baths ⋅ 2281093 MLS ⋅ ACTIVE Status

Incredible development opportunity in the U-District! Existing home is a historic 1911 time capsule with original built-ins. Potential for up to 4 townhomes/SFH's or remodel existing home and add additional units. HUGE double lot with alley access and LR1 zoning allows for many options. Geotech study complete, Survey complete, and as-builts for existing home are complete. Initial PAR (Preliminary Assessment Report) from the city has been obtained and available on request. Land alone is tax assessed at $1.27M. LOT NEXT DOOR IS CURRENTLY AVAILABLE FOR POSSIBLE ASSEMBLAGE! Ask Listing Broker for details and dramatically increase your development potential!

4720 7th Avenue NE, Seattle

Listing courtesy of COMPASS.

$849,999

4 Beds ⋅ 2 Baths ⋅ 2277857 MLS ⋅ ACTIVE Status

Welcome to this beautiful and charming Craftsman home in the heart of UDistrict! With 4 bedrooms and 1.75 baths, this home effortlessly combines classic craftsmanship with modern convenience. Admire the elegant built-ins and timeless stain glass details that add unique character that is hard to find. Ideal for multigenerational living or generating rental income, this home offers flexibility and comfort. Enjoy the ultimate urban lifestyle with a short walk to campus, dining, shopping, and U-District's vibrant nightlife. Commuting is a breeze with easy access to major routes, light rail and the detached garage ensures convenient parking. Don’t miss the opportunity to own a piece of UDistrict’s charm!

5329 7th Avenue NE, Seattle

Listing courtesy of Home Realty.

$349,000

1 Baths ⋅ 2269154 MLS ⋅ ACTIVE Status

Great investment! Excellent move in ready, FULLY FURNISHED Studio unit in a modern building in the heart of U-District, only 1/2 mile from UW. Unit features hardwood floors, ALL CUSTOMIZED: a queen Murphy Bed/w night stand and lamps, built in desk and book shelves with chairs, customized California closet, foldable dinning table for 2-6 ppl, leather sofa with a side table! and in unit W/D! Air conditioner included. SS appliances. Spacious full bath with tile floors. Unit also come with 1 secured parking space and a secured storage unit. Move in ready! A rooftop deck w/views of Seattle skyline, plenty of room for BBQ and a community room for gatherings. WalkScore of 94, close to bus, light rail, restaurants and UW campus. NO RENTAL CAP.

4547 8th Avenue NE Unit #308, Seattle

Listing courtesy of John L. Scott, Inc..

$1,539,950

2267515 MLS ⋅ ACTIVE Status

Completely remodeled 9-bedroom rooming home walking distance to the University of Washington. Investors will love worry free ownership and low maintenance for years to come. All new plumbing, electrical, heat and flooring throughout. Two fully equipped kitchens both with breakfast nooks. 3 bathrooms, one on each floor. Large living room off kitchen. Study or media room on lower level. Each bedroom has large closet space. Alley access with off street garage parking for 2 vehicles & 87 Walk Score. Walking distance to the University Village shopping.

5209 19th Avenue NE, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$1,539,950

9 Beds ⋅ 3 Baths ⋅ 2265145 MLS ⋅ ACTIVE Status

5209 19th Avenue NE, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$699,000

3 Beds ⋅ 3 Baths ⋅ 2258514 MLS ⋅ ACTIVE Status

$6,000 Seller credit towards interest rate buy down! Motivated seller! Contemporary 3 bedroom, 2.5 bath townhome conveniently located in the University District, close to shopping restaurants and walking distance to University of Washington. Great dorm alternative or an investment/rental. Large open concept main floor with kitchen, living room with fireplace, eating area and half bath. Large primary bedroom upstairs with balcony and ensuite bathroom. No HOA's and 2 parking spots. EZ access to I-5, 420 and downtown. Walking distance to University District light rail!!!

4353 8th Avenue NE, Seattle

Listing courtesy of Lake & Company.

$1,300,000

7 Beds ⋅ 3 Baths ⋅ 2254380 MLS ⋅ ACTIVE Status

Investment property as the rental house. Very high demand in the UW area, and it is easy to manage by the owner. The house has been leased till August 2025. The rent is $6,500 p/m. Easy access to I-5 and the UW campus. Large 7-bedroom rooms: 4 downstairs, one on the main floor, two on the second floor, and one den room upstairs. Three full bathrooms. NR3 Zone.

5011 8th Avenue NE, Seattle

Listing courtesy of Skyline Properties, Inc..

$660,000

2 Beds ⋅ 2 Baths ⋅ 2252345 MLS ⋅ ACTIVE Status

Motivated seller! Offering 1 years worth of HOA dues paid by seller OR a 2/1 Buydown.Step into this stunning top floor unit with panoramic views of the city.Prime location in building being on the quiet corner. You will quickly notice the soaring ceilings and light filled rooms with open floor plan.Primary bedroom has two closets, and en-suite bathroom. 2nd bedroom with views of the Space Needle.Kitchen with stainless steel appliances,and white cabinet.Spacious living area w/ dining and gas fireplace.Head up the spiral staircase to your rooftop deck perfect for entertaining and watching sunsets.AC in bedroom.Updated with fresh paint,new water heater and upgraded finishes.2 secure indoor parking spots,pets OK,no rental cap,onsite security.

4343 Roosevelt Way NE Unit #603, Seattle

Listing courtesy of COMPASS.

$549,000

2 Beds ⋅ 2 Baths ⋅ 2250011 MLS ⋅ ACTIVE Status

11th floor with beautiful South Face View from Cascades to the Olympics and everything in between. This unit is totally newly updated with all the bells and whistles. We have 2 great size bedrooms and 1 3/4 baths which are also updated and views from every room. Square footage is 1130, new engineered hardwood floors, new baths, new kitchen with new appliances. This home is move-in ready. Seller financing is available. Outside pool, balcony, gym, 1 car garage parking, cabana, guest parking, walk to everything, and security.

4540 8th Avenue NE Unit #1106, Seattle

Listing courtesy of Windermere Real Estate Co..

$875,000

6 Beds ⋅ 3 Baths ⋅ 2251374 MLS ⋅ ACTIVE Status

INVESTMENT OPPORTUNITY! This Classic Craftsman has been an excellent student housing rental for over 15 years. Six beds, 2.5 baths, second kitchen, laundry and off-street parking. Great shopping close and easy access to UW, I5, bus routes and alley access. Well maintained and professionally managed. Brand new roof and complete painting inside and out, new fence, new hardwoods, fresh carpeting and some new windows make this home ready to go!

5026 7th Avenue NE, Seattle

Listing courtesy of Coldwell Banker Bain.

$1,450,000

2240558 MLS ⋅ ACTIVE Status

Fantastic investment opportunity with this fully renovated University District craftsman duplex rooming house. Just blocks from University of Washington and the Link Light Rail station. University of Washington is home to 40,000+ students offering an endless rental pool. Home is legal duplex, currently rented together. Lower unit has 2 beds/ 1 bath while upper unit has 5 beds/ 2 baths. Spacious bedrooms and living space, with two kitchens and two living rooms and laundry area. Recently renovated means minimal maintenance and low cost to own. Central location with easy access- walk score 97. Across from University Playground, minutes to restaurants, Trader Joes, Safeway, movie theater, public library, and U District Farmer's Market.

5262 15th Avenue NE, Seattle

Listing courtesy of Windermere Real Estate Co..

$895,000

2236382 MLS ⋅ ACTIVE Status

Exception investment opportunity with this classic 1921 craftsman house that was converted to a legal duplex. Always occupied. Near U of W campus. Easy access to light rail stations, metro busses and I-5. International eateries nearby, park and play field on the same block. Trader Joes and new Safeway are easy walks. Upper unit has a 60 foot deck with morning light and the main unit has a traditional front porch facing the afternoon sun. The main unit has hardwood floors, a formal living room with a fireplace, a formal dinning room and large kitchen. Main unit also has the basement with a bedroom, work shop and shared washer dryer with the upper unit. Newly remodeled upper unit 3/4 bath with 2 bedrooms. Long term tenants in both units.

4716 7TH Avenue NE, Seattle

Listing courtesy of The Roanoke Group.

$89,999

1 Beds ⋅ 1 Baths ⋅ 2195288 MLS ⋅ ACTIVE Status

Welcome aboard Little Betty! You will love all that life on the water offers including simple access to a paddle on Lake Union, Portage Bay or Lake Washington. Steps from the Burke Gilman trail for bike ride or walk to UW, Fremont, South Lake Union and Downtown Seattle. Updated kitchen and bathroom include Quartz countertops, new LED lighting and designer finishes. Work from home w/ water view on thoughtful fold down desk. Rest and relax on rooftop deck with room to entertain and store your kayaks and toys. City FOWR# 959 28'x8' interior height 6'1". Moored in slip in Cascade Marina next to Seafab cafe. Take a stroll down the dock to your sweet fully furnished floating home with new portable air conditioner. Slip $683+$500 live aboard fee.

1001 NE Boat Street, Seattle

Listing courtesy of Home Realty.

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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.