Bought with: Fellow Real Estate Services
$997,000
$997,000
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6 Beds
3 Baths
2,350 SqFt
SOLD DATE : 07/06/2026
Key Details
Sold Price $997,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,350 sqft
Price per Sqft $424
Subdivision Green Lake
MLS Listing ID 2466729
Sold Date 07/06/26
Style 53 - Tri-plex
Bedrooms 6
Year Built 1963
Annual Tax Amount $12,889
Lot Size 5,000 Sqft
Lot Dimensions 50x101x50x101
Property Sub-Type Multi Family
Property Description
WOW! IMPROVED PRICE! Don't miss this opportunity to own a Ballard triplex with strong upside potential and multiple investment strategies. Live in one unit and rent the other two, or add this property to your investment portfolio. Existing rents were below market due to family occupancy in the two now-vacant units, creating exceptional value-add potential with projected rents of approximately $2,200–$2,400 per month per unit. Each unit features 2 bedrooms, 1 bath, a spacious living room, and dedicated dining space for comfortable everyday living. The lower unit has been refreshed with new carpet in the living room and bedroom, plus new flooring in the kitchen and bathroom. Additional amenities include off-street parking, onsite storage, and coin-operated laundry with storage space available for all units in the lower level. The front upper unit is occupied by a long-term tenant. The west-side upper unit and lower unit are vacant and available for viewing. Conveniently located near Woodland Park Zoo, Green Lake, shopping, nightlife, popular restaurants, coffee shops, and easy access to Hwy 99 and downtown Seattle. Explore the potential to continue operating as a triplex or investigate redevelopment opportunities to maximize the land value. Do not disturb tenant in occupied unit. Showings by appointment only; occupied unit available for viewing once under contract.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Flooring Vinyl, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood, Wood Products
Amenities Available Deck, Gas Available, Patio
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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