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JRJeff ReynoldsCompass · Seattle

Listed by River Voorhees, Westlake Associates, Inc.

4,660
Square feet
$300
Per sq ft
Multi Family
Type
1912
Year built
4,403 sq ft
Lot
118
Days on market

About this property

The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio, (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One 2 bedroom apartment is 1,100 sf and features a large rooftop terrace. The apartment interiors have been diligently maintained by the current ownership, which includes recent plumbing and electrical upgrades. This offering presents an investor with a cash-flow positive investment on day 1 with a simple value add path to an above market cash on cash return. The property has historically low vacancy and the current rents are within 10% of market rates which offers an attractive risk profile for an investor.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2493653
Listed
March 17, 2026
Days on market
118
Price per sq ft
$300
Original list price
$1,475,000

Unit & building

Stories in building
2
Units in building
7

Parking

Total spaces
2

Views

View
Territorial

Construction

Year built
1912
Style
55 - 5-9 Units
Structure
Multi Family
Roof
Composition

Heating & cooling

Heating
RadiatorWall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
LaminateVinyl PlankCarpet

Lot

Lot features
CurbsPaved
Lot size
4,403 sq ft

Terms

Terms offered
CashConventional

Utilities

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.

  • Territorial
  • Multi Family
  • Composition
  • Radiator
  • Wall Furnace
  • None
  • Electric
  • Laminate
  • Vinyl Plank
  • Carpet
  • Curbs
  • Paved

Listing history

  1. Listed

    $1,475,000

    March 17, 2026

  2. Current price

    $1,400,000

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

$8,152

Principal & interest
$7,079
Property tax (est.)
$1,073

Assumes $280,000 down (20%), a $1,120,000 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.

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.