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 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. Preferred lender financing on the investment, not your W-2's - 25% down 5/6 ARM interest only giving you $757/mo positive cashflow - naturally subject to change based on rates.
| MLS # | 2506572 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 141 |
| Listing Provided By | Bentley Properties | Senal M Perera |
| SQ Feet | 2,900 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | Multi-Family,Residential |
| Acreage | 0.11 |
| Property | 8052 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98115 |
| Area | 710 North Seattle |
| Community Name | Ravenna |
| Listing VS Median (in Ravenna) | |
Price: $1,260,000 low | high Med: $925,000 sqft: 2,900 low | high Med: 1,240 $ / sqft: $434 low | high Med: $746 On site: 141 low | high Med: 6 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98115 |
| Area | 710 North Seattle |
| Community Name | Ravenna |
| Listing VS Median (in Ravenna) | |
Price: $1,260,000 low | high Med: $925,000 sqft: 2,900 low | high Med: 1,240 $ / sqft: $434 low | high Med: $746 On site: 141 low | high Med: 6 | |
![]() | $1,100,0001706 Ne 82nd StreetSeattle, WA 98115 |