Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Provided by NWMLS, listed by Real Broker LLC
3,314 sqft

$2,000,000

900 NE Ravenna Blvd, Seattle WA, 98115

Price per sqft$603.50
Built in2016
Property size3,314 sqft
Property typeMulti-family

Overview

Active

Updated 25h ago

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.

$13,306/mo

Est. mortgage payment based on a $2,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2602991

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$18,577
Tax Frequency
Annually
55+/Senior Community
No
Listing Broker: Real Broker LLC; Coleton Alexander Pantley; 425-765-7552; [email protected]
MLS provider logo

Provided by NWMLS, Listed by Coleton Alexander Pantley, 425-765-7552 at Real Broker LLC

 

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/13/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/13/2026 at 1:56 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 Northwest Multiple Listing Service all rights reserved.

Data last updated on 11/13/2026 at 1:56 AM UTC 

Morrison House | Sotheby's International Realty®

Powered by Luxury Presence