5101 Ravenna Avenue Ne, Seattle, WA 98105

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
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Listed by:daniel lim
Office:lee & associates commercial re
MLS#:2416232
Source:NWMLS
5101 Ravenna Avenue Ne,Seattle, WA 98105
$2,250,000
  • - Beds
  • - Baths
  • 4,800 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,250,000
  • Price per sq. ft.:$468.75

About this home

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.

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Home facts

  • Year built:1956
  • Listing Id #:2416232
  • Updated:August 08, 2025 at 12:17 AM

Rooms and interior

  • Living area:4,800 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1956
  • Building area:4,800 sq. ft.
  • Lot area:0.01 Acres

Utilities

  • Water:Community
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,250,000
  • Price per sq. ft.:$468.75
  • Tax amount:$15,389 (2025)
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