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2110 NE 85th Street, Seattle, WA, 98115

8beds
4baths
2,900sqft
$1,299,000
$448price/sqft
$8,047/moest. monthly cost
$321,880/yrincome needed

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

66
WalkingSomewhat Walkable
48
TransitSome Transit
90
BikeBiker's Paradise

Schools

9/10
8/10
Eckstein Middle SchoolGrades 6-80.8 mi
6/10
Nathan Hale High SchoolGrades 9-121.3 mi

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
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
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
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$275,897/yr
40% on housing$241,410/yr
45% on housing$214,586/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

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.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$448This listing

vs Other Active Listings

Avg $/sqft

ZIP 98115$445
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98115$570
King County$485

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

DateEventPrice
2026-05-05Listed for sale$1,330,000
2026-03-13Listing removed$1,895
2026-01-23Price change$1,895
2025-11-21Listed for rent$1,995
2016-02-29Sold$550,000
2016-02-11Pending sale$550,000
2016-02-03Price change$550,000
2015-11-18Pending sale$629,950
2015-11-13Price change$629,950
2015-11-02Pending sale$659,950
2015-10-05Price change$659,950
2015-08-18Listed for sale$684,000
2015-08-17Pending sale$684,000
2015-07-25Listed for sale$684,000
2002-12-30Sold$320,000
1994-03-15Sold$178,000

For Sale by Agent

AgentSenal M Perera
BrokerageBentley Properties

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