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  • Listed by: 

    Daniel Lim,

    Lee & Associates Commercial RE,

    Candice Chevaillier,

    Lee & Associates Commercial RE

    $2,250,000

    5101 Ravenna Avenue NE, Seattle, WA 98105

    12beds
    7baths
    4,800sqft
    : 
    Multi Family
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $469/sqft
    $-- HOA

    What's special

    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.
    28 days
    on Zillow
    |
    562
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 10, 2025 at 09:14am

    Listed by:

    Daniel Lim,

    Lee & Associates Commercial RE,

    Candice Chevaillier,

    Lee & Associates Commercial RE

    Source: NWMLS,MLS#: 2357939MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5101 Ravenna Avenue NE.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 7
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Softwood, Hardwood, Laminate, Vinyl Plank, Fir/Softwood
    • Has fireplace: No
    Interior area
    • Total structure area: 4,800
    • Total interior livable area: 4,800 sqft
    Video & virtual tour

    Property

    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 500.94 Square Feet
    • Features: Sidewalk
    Details
    • Parcel number: 7174800635
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Poured Concrete
    • Roof: Flat
    Condition
    • Year built: 1956
    • Major remodel year: 1992

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Community

    Community & HOA

    Community
    • Subdivision: Ravenna
    Location
    • Region: Seattle

    Financial & listing details

    • Price per square foot: $469/sqft
    • Annual tax amount: $15,389
    • Date on market: 4/9/2025
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 29 days
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