5234 University Way NE
Seattle, WA 98105
- – beds
- – baths
- 13,873 sqft
- 4,650 sqft lot
- $425 per sqft
- 1928 build
The Devoe Apartments feature (17) thoughtfully designed residential units above (2) thriving commercial spaces. (12) apartments have been recently renovated, with (4) boasting in-unit washer/dryers. Units showcase elegant hardwood floors, select leaded-glass accents, and unpainted natural woodwork, blending historic charm with modern appeal. Built in 1928, this charming brick building is situated on a serene section of The Ave, offering proximity to the Univ. of Washington, an array of bars and restaurants, seamless I-5 access, and is equidistant to University Village and Green Lake. Zoned NC3P-65 (Neighborhood commercial), this property is primed for investors seeking to maximize revenue through short-term rentals, pending City approval.
Last checked:
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Last updated Apr 30, 2025
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MLS# 2367684 —
The Building
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Year Built:1928
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New Construction:false
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Structure Type:Multi Family
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Roof:Flat
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Foundation Details:Poured Concrete
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Exterior Features:Brick, Wood Products
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Units In Building Total:19
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# of Units Total:19
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Stories Total:4
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Building Area Total:13873
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Building Area Units:Square Feet
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Calculated SqFt:13873
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SqFt Source:King County Assessor
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Construction Materials:Brick, Wood
Interior
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Flooring:Hardwood, Vinyl, Vinyl Plank
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.667461
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Longitude:-122.312684
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Directions:On I-5 N, take exit 169 for NE 50th St. Turn right on NE 50th St. Turn left onto University Way NE (after Jack in the Box). Site is on the right.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Parcel Number:8816400645
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Lot Features:Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.1067
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Lot Size SqFt:4650
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Lot Size Source:King County Assessor
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Zoning Description:Commercial,Multi-Family
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Possible Use:Commercial, Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 505-9400
- Office phone:
- (206) 505-9400
Taxes
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Tax Year:2024
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Tax Annual Amount:44835
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Radiant
Utilities
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Sewer:Sewer Connected
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Water Sewer Garbage:20939
Schools
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High School District:Seattle
The Community
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Subdivision Name:University District
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Amenities:Coin Op Laundry
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Senior Community:false
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Association:false
Parking
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Open Parking:false
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Carport:false
Listing courtesy of NWMLS / Westlake Associates, Inc.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/29/25
Apr 29, 2025
|
Listed / Active | NWMLS | $5,900,000 | 19.2% (8.0% / YR) |
|
12/7/22
Dec 7, 2022
|
NWMLS | $4,950,000 | -10.0% | |
|
8/8/22
Aug 8, 2022
|
NWMLS | $5,500,000 |
