- – beds
- – baths
- 5,553 sqft
- 5,100 sqft lot
- $297 per sqft
- 1996 build
Prime investment opportunity in one of Seattle’s most desirable neighborhoods. Steps from dining, shopping, and public transit, this well-maintained property features spacious units averaging 900 SF, including one 3-bdrm, three 2-bdrm, and one 1-bdrm unit. Recent capital improvements include a new roof (Oct 2024), exterior sealant coating(Jul 2024), and deck replacements (May 2025). With no current charges for parking or utilities, new ownership can immediately boost revenue. Additional value-add possibilities include converting carports for secured parking or adding a sixth unit (buyer to verify). Common laundry, the 3-bedrm has private W/D. Light renovations could increase rental income by 20%, making this an excellent opportunity.
Last checked:
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Last updated Jun 5, 2025
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MLS# 2381058 —
The Building
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Year Built:1977
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Year Built:1996
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Multi Family
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Roof:Composition
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Foundation Details:Poured Concrete
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Security Features:Fully Fenced
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Exterior Features:Stucco
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Units In Building Total:5
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# of Units Total:5
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Stories Total:2
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Building Area Total:5553
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Building Area Units:Square Feet
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Calculated SqFt:5553
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SqFt Source:Public Records
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Construction Materials:Stucco
Interior
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Flooring:Laminate, Vinyl Plank, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.678055
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Longitude:-122.387182
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Directions:Head west on Market Street, then turn right on 24th Ave NW. Building should be on your right.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Good
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Parcel Number:7518508895
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Lot Features:Curbs, Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.1171
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Lot Size SqFt:5100
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Lot Size Source:Public Records
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Zoning Description:Multi-Family
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Zoning Jurisdiction:City
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View:Mountain(s)
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View:true
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 267-1457
- Office phone:
- (206) 267-1457
Taxes
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Tax Year:2025
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Tax Annual Amount:15076
The Listing
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Special Listing Conditions:None
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Virtual Tour Unbranded:
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Virtual Tour URL Description:Property Website - Due Diligence Files
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard
Utilities
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Water Company:Spu
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:Spu
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Power Company:Scl
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Water Sewer Garbage:11856
Schools
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High School District:Seattle
The Community
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Subdivision Name:Ballard
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Amenities:Coin Op Laundry
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Senior Community:false
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Association:false
Parking
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Parking Total:4
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Open Parking:false
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Carport Spaces:4
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Carport:false
Listing courtesy of NWMLS / Lee & Associates Commercial RE
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/23/25
May 23, 2025
|
Listed / Active | NWMLS | $1,650,000 | 153.8% (7.5% / YR) |
10/29/04
Oct 29, 2004
|
NWMLS | $650,000 |