UW Rooming House
Pre-Leased UW Student Housing Investment | 10 Bedrooms | Tenants Pay Utilities 6.39% Cap
Marketing description
Seattle’s University District is one of the region’s most durable rental submarkets, anchored by the University of Washington and supported by year-after-year student, faculty, and staff housing demand. For the 2025–2026 academic year, UW reported 52,316 students at its Seattle campus and 63,736 students across all three campuses, reinforcing the scale of the institution that drives housing demand in and around the U District.
The neighborhood also benefits from strong transit connectivity. U District Station provides direct Link light rail access, and the station area is served by numerous Metro routes, improving mobility for tenants who rely on transit rather than personal vehicles. Seattle has also continued investing in transit-oriented infrastructure and neighborhood access improvements around the station area.
From an investment standpoint, the U District stands apart because it combines institutional demand, urban amenities, and recurring leasing cycles tied to the academic calendar. That does not eliminate risk, but it does create a more durable demand base than many conventional rental locations. For investors seeking a student housing or high-bedroom-count rental asset near a major university, the U District remains one of Seattle’s most established and recognizable submarket
Investment highlights
Pre-leased income in place: Property is leased and pre-leased for the 2026–2027 school year at $10,300 per month, offering immediate income visibility.
Large-format student housing asset: Rare 10-bedroom / 3.5-bath configuration with approximately 3,380 SF, well-suited for group/student housing demand near UW.
Tenants pay utilities: Utility responsibility is passed through to tenants, helping keep the owner’s operating profile lean.
Proven operating history: Continuous leasing history since seller acquisition in 2012, supporting the property’s long-term rental viability.
Updated interior and systems: Kitchen has been updated with granite countertops and marble backsplash; bathrooms, plumbing, and electrical have also been updated.
Highly walkable UW location: Approximately four blocks from the University of Washington campus and near the core U-District / Greek system area.
Transit-rich location: The U District benefits from direct access to U District Station plus multiple bus routes serving the neighborhood.
Backed by a major demand driver: UW Seattle enrollment for 2025–2026 is 52,316 students, helping support recurring rental demand in the surrounding neighborhood.
Professional management continuity available: Property is professionally managed, and management may be continued for a buyer seeking a more hands-off ownership structure.
Additional functional utility: Detached single-car garage with alley access.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
