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JRJeff ReynoldsCompass · Seattle

Listed by Jay Glenn Harrison, Windermere Real Estate Co.

3,030
Square feet
$528
Per sq ft
Multi Family
Type
1967
Year built
5,000 sq ft
Lot
171
Days on market

About this property

This Ballard triplex is a standout investment that blends turnkey performance with exceptional upside. The property features three beautifully remodeled 2bed, 1bath units with modern finishes, smart layouts, and strong tenant appeal in one of Seattle's most vibrant neighborhoods, delivering immediate, reliable income with little to no additional work required. What truly sets this property apart is the fully remodeled fourth unit, a 3bed, 1bath that needs permits to be legalized. Once completed, this unit can generate an estimated additional 28,800 dollars per year, creating a rare and tangible value-add opportunity with much of the heavy lifting already done. This property delivers strong income today with clear, immediate upside.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2470080
Listed
January 23, 2026
Days on market
171
Price per sq ft
$528
Original list price
$1,699,950

Unit & building

Stories in building
2
Units in building
3

Parking

Total spaces
4

Construction

Year built
1967
Style
53 - Tri-plex
Structure
Triplex
Roof
Composition

Heating & cooling

Heating
None
Cooling
None
Energy source
Electric

Flooring

Flooring
Engineered Hardwood

Lot

Lot features
Corner LotCurbsSidewalk
Lot size
5,000 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
Seattle

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Triplex
  • Composition
  • None
  • Electric
  • Engineered Hardwood
  • Corner Lot
  • Curbs
  • Sidewalk
  • Cash
  • Conventional
  • Public
  • Sewer Connected

Listing history

  1. Listed

    $1,699,950

    January 23, 2026

  2. Current price

    $1,599,950

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$9,317

Principal & interest
$8,090
Property tax (est.)
$1,227

Assumes $319,990 down (20%), a $1,279,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.