About this property

Four parcels with 14 income producing units plus parking income on 49,991 SF of LR zoned land for sale for the first time in generations. All four properties have incredible peaceful park-like settings even though they are just a stones throw away from the University of Washington, UWMC Hospital, Burke-Gilman Trail & U-Village Shopping Center. 2216 NE 46th St consists of a 6-unit apartment building and a duplex for a total of 8-units on a 10,300 SF lot zoned LR3. 2226 NE 46th St is a 2,600 SF triplex on a 7,150 SF lot zoned LR3. 2230 NE 46th St (aka 4517 Ravenna Ave NE) is a 2,740 SF 3 bd/1.75 bath single-family home on a 14,338 SF lot zoned LR1. 4511 Ravenna Ave NE is an architecturally unique 1,025 SF duplex on a 18,203 SF lot zoned LR1. The properties provide steady income, but they are also prime for redevelopment with a strong demand for townhouses and cottage housing. The four parcels can be sold separately or together for the tax assessed values. Occupied by long-term residents. Please do not disturb the tenants.