900 NE Ravenna Blvd, Seattle, WA 98115
900 NE Ravenna Blvd, Seattle, WA 98115
900 NE Ravenna Blvd, Seattle, WA 98115
900 NE Ravenna Blvd, Seattle, WA 98115
900 NE Ravenna Blvd, Seattle, WA 98115
900 NE Ravenna Blvd, Seattle, WA 98115
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Listed by:Real Broker LLC • Coleton Alexander Pantley
Goldhouse Realty

Goldhouse Realty

+1(253) 376-6410
Listed by:Real Broker LLC • Coleton Alexander Pantley
$ 2,000,000
Est. payment | /mo

16 Beds

17 Baths

3,314 SqFt

Save
$ 2,000,000
Est. payment | /mo
Save

16 Beds

17 Baths

3,314 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,314 sqft

Price per Sqft $603

Subdivision Ravenna

MLS Listing ID 2602991

Style 56 - 10+ Units

Bedrooms 16

Year Built 2016

Annual Tax Amount $18,577

Lot Size 3,641 Sqft

Property Sub-Type Multi Family

Property Description

Ravenna Court is a fully occupied, 16-unit micro-apartment community located just over a mile away from the University of Washington. Built in 2016, the property consists of two eight-unit buildings that are connected by a shared outdoor patio space and firepit. Each building includes a shared kitchen and laundry facility, while individual units feature private bathrooms, in-unit sinks, mini refrigerators, and microwaves, with lofted studio layouts in select top-floor residences.Investors have the opportunity to capture immediate revenue growth through an estimated 8.2% mark-to-market opportunity. Additional upside may be available through the potential conversion of existing basement space into four additional units, subject to all required approvals. Investors may also evaluate repurposing one shared kitchen into storage or another community-oriented, revenue-enhancing use.Raveena Court offers an attainable, student-oriented housing option within an established and supply-constrained rental market supported by major healthcare and research employers, neighborhood retail, outdoor recreation, and light rail connectivity. Residents enjoy an abundance of nearby street parking, and a walkable location near Whole Foods, local trails, and the University of Washington. All in, Ravenna Court is a compelling multifamily investment with in-place cash flow, operational upside, and long-term demand durability.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Cement Planked, Wood Products

View Y/N No

Roof Type Torch Down

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

Goldhouse Realty

+1(253) 376-6410

kenny@goldhouserealty.com

1120 Pacific Ave., Tacoma, WA 98402, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Goldhouse Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

900 NE Ravenna Blvd

 SEARCH FOR HOUSES