




2110 NE 85th Street, Seattle, WA, 98115
About This Home
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. A 2022 feasibility study is available for review. Well-maintained with minimal deferred maintenance, market rents in all but one unit, and clear long-term potential, this is a compelling multifamily opportunity in a proven Seattle location.
Getting Around
Schools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1926
Materials
- Foundation: Poured Concrete
- Roof: Torch Down
- Construction materials: Cement/Concrete
Type & Style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subType: Quadruplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Flooring: Engineered Hardwood,Hardwood,Vinyl Plank
Heating & Cooling
- Heating features: Forced Air,Wall Furnace,Electric,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 2,900
- Total interior livable area: 2,900 sqft
Property
Details
- Parcel number: 5101400458
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special condition: Standard
Lot
- Lot size: 4,639 sqft
- Features: Paved,Cable TV,High Speed Internet
Parking
- Total spaces: 5
- Uncovered spaces: 5
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,568 | $78,816 |
| Home Insurance * | $181 | $2,172 |
| Property Taxes | $1,100 | $13,200 |
| Electricity | $198 | $2,380 |
| Total | $8,047 | $96,564 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $1,330,000 |
| 2026-03-13 | Listing removed | $1,895 |
| 2026-01-23 | Price change | $1,895 |
| 2025-11-21 | Listed for rent | $1,995 |
| 2016-02-29 | Sold | $550,000 |
| 2016-02-11 | Pending sale | $550,000 |
| 2016-02-03 | Price change | $550,000 |
| 2015-11-18 | Pending sale | $629,950 |
| 2015-11-13 | Price change | $629,950 |
| 2015-11-02 | Pending sale | $659,950 |
| 2015-10-05 | Price change | $659,950 |
| 2015-08-18 | Listed for sale | $684,000 |
| 2015-08-17 | Pending sale | $684,000 |
| 2015-07-25 | Listed for sale | $684,000 |
| 2002-12-30 | Sold | $320,000 |
| 1994-03-15 | Sold | $178,000 |
