5604 17th Ave NE
Seattle WA 98105

Ravenna House

5604 17th Ave NE Seattle WA 98105

Listing #: 713880 | Status: Available | Last Modified: 6/11/2026 |

For Sale
David Petersen
Chad Martini
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,750,000.0
  • $/SF$ 462.6
  • $/Unit$ 1,750,000.0
  • Listing StatusAvailable
  • Days on Market18
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income141,816
  • Vacancy Factor %5.04%
  • Operating Expenses29,418
  • Net Operating Income105,249
  • CAP Rate 6.42 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 6.42 %
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units5
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF3783
  • Net Rentable Area3783
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF5400
  • Acres0.12
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaU-District
  • Tax ID #8615800510
  • Additional Parcels
  • ZoningNR3
Construction
  • Year Built1910
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeWood

Ravenna House Apartments For Sale

Public Comments

11BD/5BA Rooming House. This unique property consists of a 1910 construction 3,900 sq ft building with a mix of apartment units and rooms with shared spaces, well suited to the University/Ravenna rental market. Ravenna House is ideally positioned to meet the high demand for student housing with its proximity to the University of Washington campus, University Village, and convenient access to Sound Transit link light rail and bus lines for quick commutes to downtown Seattle. This property offers an excellent investor opportunity to acquire a property that is primed for future appreciation in one of the city’s best rental markets and has additional value potential through renovation.

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Boarding House/Rooming House

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