Property Attributes
- ID#2567063
- TypeMulti-Family
- CountyKING
- CitySeattle
- AreaBallard-Greenlake
- NeighborhoodBallard
- Zip98107
- StyleTri-plex
- Year Built1930
- Taxes$ 10589
- Price$ 950,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2520
- Lot Size0.1046 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Turn-Key Ballard Investment Opportunity! Savvy investors, take note! Located in a desirable, high-demand rental pocket, this property offers an ideal blend of stability and immediate upside. The main-floor unit is extensively updated with a new kitchen & modern, durable vinyl flooring with a reliable month-to-month tenants who intend to stay. The two lower-level units are vacant and freshly renovated with newer kitchens, new carpet, paint, vinyl flooring and water heater – ready for immediate occupancy. Capital expenditures have been minimized with the 2025 investments in a new re-lined sewer to the City main, exterior paint & new water heaters. All units feature washer/dryer hookups. Property includes a large backyard and a mini-garage for storage. The location is close to transit, parks and local neighborhood amenities.
| Elementary School | Middle School | High School |
|---|---|---|
| West Woodland Elementary School | Hamilton Mid | Ballard High |
| Price History | |
|---|---|
| 8/13/2026 | Listed $950,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Security Features | Fully Fenced |
| Year Built | 1930 |
| Property Subtype | Multi Family |
| Tax Year | 2026 |
| County | King |
| Net Operating Income | 44336 |
| Insurance Expense | 4931 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Energy Efficient | Thermal Windows |
| Subdivision Name | Ballard |
| Possible Use | Multi-Family |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From NW 65th St,turn south on 8th Ave NW,triplex on the left. From NW Market St,turn north on 8th Ave NW,triplex on the right |
| High School | Ballard High |
| City | Seattle |
| Senior Community Y/N | No |
| High School District | Seattle |
| Zoning Description | Multi-Family |
| Number Of Units Total | 3 |
| MLS Area | 705 - Ballard/Greenlake |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4557 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Elementary School | West Woodland |
| Tax Annual Amount | 10589 |
| Middle/Junior High School | Hamilton Mid |
| Property Condition | Updated/Remodeled |
| Public Remarks | Turn-Key Ballard Investment Opportunity! Savvy investors,take note! Located in a desirable,high-demand rental pocket,this property offers an ideal blend of stability and immediate upside. The main-f |
| Leasable Area | 2580 |
| Structure Type | Triplex |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Amenities | Thermal Windows |
| Water Company | Seattle PUD |
| Units Below Grade | true |
| Units In Building Total | 3 |
| Water Sewer Garbage | 3684 |
| Property Style | 53 - Tri-plex |
| Cap Rate | 4.67 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Ceramic Tile,Vinyl Plank,Carpet |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Lot Features | Curbs,Paved,Sidewalk |
| Water Source | Public |
| Total Parking | 1 |
| Foundation Details | Poured Concrete |
| Building Area Total | 2520 |
| Lot Size Acres | 0.1046 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Fenced-Fully,Outbuildings |
| Parking Uncovered Total | 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
In The Neighborhood
Seattle
$ 2,595,000
- Type
- Multi-Family | Active
- Rooms
- 14 Beds + 11 Baths
Listed by: Lee & Associates Commercial RE
Seattle
$ 1,200,000
- Type
- Multi-Family | Active
- Size
- 2,070 SqFt
- Rooms
- 2 Beds + 2 Baths
Listed by: Redfin
Seattle
$ 2,250,000
- Type
- Multi-Family | Active
- Rooms
- 12 Beds + 6 Baths
Listed by: Lee & Associates Commercial RE
Seattle
$ 1,540,000
- Type
- Multi-Family | Active
- Size
- 3,320 SqFt
- Rooms
- 5 Beds + 5 Baths
Listed by: Skyline Properties, Inc.
Seattle
$ 1,200,000
- Type
- Multi-Family | Active
- Size
- 2,460 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Windermere Real Estate/HLC
Seattle
$ 2,650,000
- Type
- Multi-Family | Active
- Size
- 7,120 SqFt
- Rooms
- 11 Beds + 10 Baths
Listed by: L. Dankers Real Estate Group
Seattle
$ 1,274,995
- Type
- Multi-Family | Active
- Size
- 3,400 SqFt
- Rooms
- 4 Beds + 5 Baths
Listed by: Kelly Right RE of Seattle LLC
Seattle
$ 1,650,000
- Type
- Multi-Family | Active
- Size
- 4,890 SqFt
- Rooms
- 8 Beds + 5 Baths
Listed by: RE/MAX Metro Realty, Inc.
Seattle
$ 1,800,000
- Type
- Multi-Family | Active
- Size
- 4,286 SqFt
- Rooms
- 9 Beds + 6 Baths
Listed by: North Pacific Properties
Seattle
$ 1,150,000
- Type
- Multi-Family | Active
- Size
- 2,850 SqFt
- Rooms
- 6 Beds + 3 Baths
Listed by: John L. Scott, Inc
Seattle
$ 1,250,000
- Type
- Multi-Family | Active
- Size
- 2,770 SqFt
- Rooms
- 6 Beds + 4 Baths
Listed by: COMPASS
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating