Listed By:
Westlake Associates, Inc. and NWMLS
1154 NW 59th Street, Seattle, WA
$ 4,995,000
Property Attributes
  • ID#1955227
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaBallard-Greenlak
  • NeighborhoodWoodland Park
  • Zip98107
  • Style10+ Units
  • Year Built1990
  • Taxes$ 35487
  • Price$ 4,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9006
  • Lot Size10,202 SqFt
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Located in Seattleā€™s popular Ballard neighborhood, Ravenwood is an attractive 14-unit building that has been meticulously maintained. The low maintenance building is comprised of spacious one-bedroom units with high quality finishes that offer desirable modern amenities. The apartments have efficient floor plans that offer an abundance of natural light and open kitchen designs that highlight the stylish stainless appliances. All the units have newly surfaced decks with territorial views of the surrounding urban neighborhood. Ravenwood has an excellent value-add opportunity for prospective buyers to make easy cosmetic improvements like flooring & surfaces over time and capitalize on the rising rental rates of surrounding newer construction.

Price History
6/20/2022 Listed $5,250,000
8/29/2022 5% - $4,995,000

General Features

Building Area Units Square Feet
Carport Y/N No
City Seattle
County King
Directions On Aurora Ave N/WA-99 N, take a slight right onto Green Lake Way N, left toward N 46th St. Continue on NW Market St. Turn right onto 14th Ave NW. Turn right onto NW 59th St. Site will be on the left.
Exterior Features Wood
Finance Cash Out, Conventional
High School District Seattle
Insurance Expense 4750
Leasable Area 9006
Lot Size Square Feet 10200
MLS Area 705 - Ballard/Greenlak
Net Operating Income 214306
New Construction No
Open Parking Spaces 16
Possession Closing
Possible Use Multi-Family
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 59th
Structure Type Multi Family
Subdivision Name Woodland Park
Tax Annual Amount 35487
Tax Year 2022
Total Units 14
Units Below Grade false
Units In Building Total 14
Utilities Sewer Connected, Electricity Available
View Y/N No
Water Sewer Garbage 14482
Waterfront Y/N No
Year Built 1990
Zoning Class Multi-Family

Interior Features

Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Street
Total Stories 3

Exterior Features

Building Area Total 9006
Irrigation Water Rights Y/N No
Lot Size Acres 0.2342
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 16
Total Parking 16


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98107

AVG $2.14M
AVG $15,748
AVG 32
Year Built
AVG 1937
AVG 84
Data Provided by Walkscore ® not using MLS data

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