RealtyLens
for saleRealtyLens property overview
$775,000

1305 NE 55th St

Seattle, WA, 98105
View more Seattle, WA property pages
4Beds
2.5Baths
1,600Sqft
$484$/sqft

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

Below nearby median-5.8%

$484/sqft vs a nearby median of $514/sqft.

Nearby median$514/sqft
Nearby properties6
Property size1,600 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

Yardstick fair value$842k$768k$916k · 52% confidence
vs ask $775k−$67k (−8.6%)

Asking price is about 8.6% below the fair value — likely to draw competing offers if it's still on market.

$513/sqft median across 5 tight comps × 1,600 sqft= $821k
  • Pre-war character+$21k +2.5%
Cumulative NYC adjustments+$21k+2.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-5.8% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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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

Photos

Price History

May 13, 2026Initial record
$775,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.