Courtesy of Lee & Associates Commercial RE

5101 Ravenna Ave NE, Seattle, WA 98105

Multifamily
-- Bed
-- Bath
4,800 Sq Ft
29 Days on Market

Listing Agent & Comments

Daniel LimLee & Associates Commercial RE
206-267-1457cchevaillier@lee-associates.com License #131121
Ravenna Terrace, a 7-unit building ideally situated near work, school & play, Ravenna Terrace features an attractive mix of 6 2-bed & 1 1-bed units. These mid-century floorplans average in size of 686sf & have received updates to cabinetry, counters & appliances on turns. Ownership has replaced all the windows with double pane units & the roof has received a recoat in last 2 yrs. With nearby economic drivers including Seattle Children's, U-Village and UW Hospital as well as UW. Investors will benefit from a diverse tenant pool. A well cared for asset, Ravenna Terrace presents an attractive opportunity to realize upside from current below market rents as well as additional lift through unit upgrades.

MLS# NWM2357939 • Data provided by NWMLS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area4,800 Sq.Ft.
Lot Size501 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1956
Property TypeMultifamily
ZoningLR2 (M)
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$16,855
Property in Flood Zone--

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For Sale $2,250,000
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