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
NWM2416232
Multi Family
115
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: Sep 15, 2025 06:14 | Listing last modified Aug 04, 2025 15:48,
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Residence Information
4800
Flat
55 - 5-9 Units
1956
Poured Concrete
Coin Op Laundry
Features and Utilities
Brick
Community
Sewer Connected
0
Financial
15389
Cash Out, Conventional
08-02-2025
Comparable Information
115
115
Cash Out, Conventional
$2,250,000
$2,250,000
Aug 04, 2025 15:48
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.
