Listing courtesy of Bentley Properties 425-747-1901
$1,330,000
Turnkey four-unit investment opportunity in Seattle’s sought-after Ravenna neighborhood, offering strong in-place income, tenant appeal, and future redevelopment upside. This rare “Rambler style” features four corner units with identical floor plans in a single-level building, creating efficient management, broad rental appeal, and long-term flexibility. Located on a… Read More quiet residential street with easy access to the University of Washington, downtown Seattle, Ballard, and I-5, this property sits in one of North Seattle’s most desirable rental corridors. Three units feature brand-new kitchens and bathrooms, while restored original wood floors and added LVP flooring enhance durability and appeal. Each unit includes a private garden entry, with shared laundry and 4+ parking spaces, adding convenience for tenants. Set on a 4,460 SF lot with L3(M) zoning and upzoned potential for additional units, this asset offers both immediate income and future upside. A 2022 feasibility study is available for review. Well-maintained with minimal deferred maintenance, market rents in all but one unit, and clear long-term potential, this is a compelling multifamily opportunity in a proven Seattle location. Read Less
Listing courtesy of Bentley Properties 425-747-1901
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Quadruplex
Square Ft.
2,900
Lot Size
0.11 Acres
Year Built
1926
Property Tax
$8,052
MLS Number
2506572
30 Days Snapshot Of 98115
$1.25M
-6%
(avg) sold price
54
-8%
homes sold
40
-16%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Building
Building Area Total: 2900, Building Area Units: Square Feet, Calculated Square Footage: 2900, Construction Methods: Standard Frame, Elevation Units: Feet, Leasable Area: 2900, Living Area: 0, Number Of Units Total: 4, Stories Total: 1, Structure Type: "Quadruplex", Units In Building Total: 4, Year Built: 1926
Property Condition: "Updated/Remodeled", Site Features: Cable TV, High Speed Internet, Zoning Description: Multi-Family, Residential
Roof
Roof: "Torch Down"
Sewer
Sewer: "Sewer Connected", Sewer Company: Seattle
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Company: Seattle, Power Production Type: "Electric", "Natural Gas", Water Company: Seattle, Water Source: "Public"
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The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
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The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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