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.
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
General Information
NWM2357939
Multi Family
76
DOM
500.94 SqFt
4800
1956
King
Residential Incom
Multi Family
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
Krishna Realty data last checked: Jul 13, 2025 04:21 | Listing last modified Jun 25, 2025 14:11,
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Residence Information
4800
Flat
55 - 5-9 Units
1956
Poured Concrete
Coin Op Laundry
Features and Utilities
Laminate
Brick
Community
Sewer Connected
0
Financial
15389
Cash Out, Conventional
04-10-2025
Comparable Information
76
76
Cash Out, Conventional
$2,250,000
$2,250,000
Jun 25, 2025 14:11
Schools
Map
Listing courtesy of Lee & Associates Commercial RE.
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.
