Price Reduction - Views
Listed By:
L. Dankers Real Estate Group and NWMLS
Address
5920 24th Avenue Nw, Seattle, WA
Price
$ 2,650,000
Property Attributes
  • ID#2561260
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaBallard-Greenlake
  • NeighborhoodBallard
  • Zip98107
  • Style10+ Units
  • Year Built1965
  • Taxes$ 22728
  • Price$ 2,650,000
  • Bedrooms11
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage7120
  • Lot Size0.1561 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

The Viking apartment is a well located multi-family apartment building situated in the heart of Ballard. The Viking offers investors the opportunity to acquire a fully leased property with an in-place income stream, strong renovation upside and long-term rental growth. The Viking is a 10-unit multi-family property built in 1965. The building features 9 one bedroom, one bath units and one 2 bedrrom, 1 bath unit. Laundry room with storage lockers on the first floor. 3 carports and 3 off street parking spaces.

Price History
7/29/2026 Listed $2,750,000
9/10/2026 4$2,650,000

General Features

Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing,Subject To Tenant Rights
Roof Flat
Year Built 1965
View Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Gilman Park
County King
Net Operating Income 146120
Insurance Expense 13627
New Construction No
Property Type Residential Income
HOA No
Subdivision Name Ballard
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions On the corner of 24th NW & NW 60th
City Seattle
Senior Community Y/N No
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 10
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 6800
Carport Spaces 3
Carport Y/N No
Listing Terms Cash,Conventional
Tax Annual Amount 22728
Public Remarks The Viking apartment is a well located multi-family apartment building situated in the heart of Ballard. The Viking offers investors the opportunity to acquire a fully leased property with an in-pla
Leasable Area 7120
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City of Seattle
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 21458
Property Style 56 - 10+ Units
Cap Rate 5.5
NWM_ShowMapLink Yes

Interior Features

Flooring Vinyl,Carpet
Total Stories 3
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Power Production Type Electric

Exterior Features

Exterior Amenities Stone,Stucco
Lot Features Corner Lot,Curbs,Paved,Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 7120
Lot Dimensions 100 x 68
Lot Size Acres 0.1561
Waterfront Y/N No
Covered Spaces 3
Irrigation Water Rights Y/N No
Parking Uncovered Total 3
Lot Number 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98107

Price
AVG $1.49M
$2.65M
Taxes
AVG $14,004
$22,728
Year Built
AVG 1960
1965
Visits
AVG 141
64
Data Provided by Inside Real Estate®

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