5619 16th Avenue NE, Seattle, WA 98105
- $1,093,000
- 2,700
- SqFt
Listing courtesy of Windermere Real Estate Co.. Selling Office: Every Door Real Estate.
- Sold Price
- $1,093,000
- List Price
- $1,152,000
- Status
- SOLD
- MLS#
- 2445415
- Closing Date
- Apr 27, 2026
- Days on Market
- 86
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,700
- Area Total SqFt
- 2700
- Annual Tax Ammount
- 10071
- Lot Size (sq ft)
- 3,854
- Sewer
- Sewer Connected
Property Description
Ravenna Park Traditional is UW Duplex @ 16th & The Boulevard. Stroll to parks & bike to Greenlake, the scarcity here is $/m rent by large fine homes in the Ravenna Community. 1500 Sqft Apt A (Main & Bsmt): 1906 5-Bdrm / 1.75 Bath, arched entry, big bungalow bay window, hardwoods, tile flrs, and fun glassy front porch hang out space. 900 Sqft Apt B: tree top breakfast bar kitchen + dining room commons, 2 big bdrms both 160+ sqft. Rents comfortably as Duplex or UW 7-BR: a river of rental demand, leased $7000/m to Aug 2026; was $6825/m 2024; $6500/m 2023, etc. Zero vacancy 5 yrs (data avail) + tenants pay all utils.
Additional Information
- List Date
- 2026-01-31 00:00:00
- Community
- Ravenna
- Net Operating Income
- $71,925
- Gross Adjusted Income
- $84,000
- Gross Scheduled Income
- $84,000
- Total Monthly Income
- $7,000
- Insurance Expenses
- $2,004
- Gross Rent Multiplier
- 13.7
- Total Expenses
- $12,075
- Cap Rate
- 6.24
- Total Number of Units
- 2
- Unit Name
- 5619
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1906
- Roof
- Composition, Flat
- Site Features
- Fenced-Partially, Gas Available, High Speed Internet
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Total Monthly Income
- $7,000
- Gross Scheduled Income
- $84,000
- Gross Adjusted Income
- $84,000
- Tax Year
- 2025
- Insurance Expense
- $2,004
- Total Expenses
- $12,075
- Net Operating Income
- $71,925
- Gross Rent Multiplier
- 13.7
- Cap Rate
- 6.24
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