Yes, this is totally doable - for a given level of realism. The render environment in Revit is pretty darn good. The materials that you can select or create are not as flexible or powerful as 3DS Max (which is just jaw droppingly powerful) but I've never been disappointed with a Revit render when I use good materials and good lighting.
When placing lighting, you want to make sure the light setting are correct. The default light output is almost never correct. (I forget the defaults, but pretend you placed a florescent light that should have a lumen output of 1200. By default it may only output 400 - which would look terrible, or at least wrong).
I honestly only use 3DS Max for architectural rendering when it has a complex and varied landscaping plan. 3DS has some nice planting materials that Revit can't really touch. But if the site isn't highly designed, or I'm doing interior shots, i think Revit renders are quite nice.
If you prefer, Revit renders Toy Story 2 or 3. 3DS renders Toy Story 4.