2418 NW 57th Street, Seattle, WA 98107
Listed by Brian D. Platt, Paragon Real Estate Advisors · Buyer brokerage: ZNonMember-Office-MLS
Originally $4,800,000
Reduced $500,000 · 10%$4,300,000
$390 per sq ft
2418 NW 57th Street, Seattle, WA 98107
Seattle, WA, 98107
- Sq ft
- 12,300
- Built
- 1986
- Parking
- 31 spaces
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 12,300
- Square feet
- $390
- Per sq ft
- Multi Family
- Type
- 1986
- Year built
- 10,000 sq ft
- Lot
- 61
- Days on market
About this property
Location is everything! Ballard 20 unit built in 1986 offers 14 -1BD units and 6 Large 1BD units. Majority of the units have received updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. The property presents clear value-add potential through continued interior renovations, operational improvements, and future capital upgrades. Certain building systems remain original, including electrical panels and roofing, providing a buyer with the opportunity to modernize the asset and reposition rents closer to market levels over time. The presence of both covered garage parking and additional surface parking, secured entry, in-unit water tanks, storage units, and on-site laundry further enhances tenant appeal and supports long-term stability.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2476476
- Listed
- February 4, 2026
- Days on market
- 61
- Price per sq ft
- $390
- Sold price
- $4,300,000
- Sold
- June 30, 2026
Unit & building
- Stories in building
- 4
- Units in building
- 20
Parking
- Covered spaces
- 11
- Total spaces
- 31
Construction
- Year built
- 1986
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- Flat
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- LaminateVinyl PlankCarpet
Lot
- Lot size
- 10,000 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Sewer
- Sewer Connected
Schools
- District
- Seattle
Listing history
Listed
$4,300,000
February 4, 2026
Sold
$4,300,000
June 30, 2026
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
$25,040
- Principal & interest
- $21,743
- Property tax (est.)
- $3,297
Assumes $860,000 down (20%), a $3,440,000 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.
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Based on information submitted to the MLS GRID as of July 26, 2026 at 5:15 PM 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.