The page is useful for research, but the status and price should be verified before acting.
1305 NE 55th St
Listing Notes
Discover this exceptional investment opportunity located in the sought-after Ravenna neighborhood of Seattle. This 4-bedroom, 2.5-bath home not only exudes timeless charm but also comes with tenants already in place, making it a true turn-key income-producing property. From the moment you step inside, you'll notice the craftsmanship and character that make this property stand out-arched doorways, built-in dressers, and even a vintage skeleton key that speaks to its storied past. The main level features warm hardwood floors, a cozy fireplace, and an updated kitchen equipped with stainless steel appliances and quartz countertops-modern touches that appeal to today's renters. With nearby parks, trendy shops, and popular dining spots, bring the vibrant Ravenna lifestyle right to your tenants' doorstep. Just minutes from the University of Washington, this location ensures a steady stream of rental demand. This is your chance to secure a seamless investment with income already flowing. Start earning from day one with this rare gem in one of Seattle's most desirable neighborhoods!
Market Insights
$484/sqft vs a nearby median of $514/sqft.
- -5.8% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,600 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 8.6% below the fair value — likely to draw competing offers if it's still on market.
- Pre-war character+$21k +2.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 0 days
- Last price change
- No change recorded
- Listed
- May 12, 2026
- Photos
- 26 photos
- Property type
- single family
- Status
- for sale