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JRJeff ReynoldsCompass · Seattle

Listed by Nick Hemming, Paragon Real Estate Advisors

4,500
Square feet
$389
Per sq ft
Multi Family
Type
1984
Year built
5,000 sq ft
Lot
47
Days on market

About this property

Well maintained five-unit apartment building ideally located in Seattle’s highly sought after Ballard neighborhood. This building is offered to the market for the very first time by the original builder. The property was constructed in 1984 and consists of five spacious condo quality homes, each configured as desirable corner units that provide abundant natural light and enhanced privacy. Residents benefit from sought-after amenities including in-unit washers and dryers, fireplaces, private balconies, and dedicated dining rooms. Additional building features include 5 covered parking spaces, secured entry, double-pane aluminum windows, copper plumbing, and GE electrical panels. Situated in the heart of Ballard, the property offers residents exceptional access to one of Seattle’s most vibrant neighborhoods, known for its acclaimed restaurants, breweries, shopping, parks, and waterfront amenities. Convenient transit connections and close proximity to Downtown Seattle, South Lake Union, and other major employment centers continue to support strong renter demand and long-term occupancy. For investors this offering represents an outstanding opportunity to acquire a stable, well-located asset with enduring appeal, rental upside potential, and long-term appreciation in one of Seattle’s premier multifamily submarkets.

Location & commute

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Directions

Property details

Listing details

Listing number
#2527718
Listed
May 27, 2026
Days on market
47
Price per sq ft
$389

Unit & building

Stories in building
3
Units in building
5

Parking

Covered spaces
5
Total spaces
5

Construction

Year built
1984
Style
55 - 5-9 Units
Structure
Multi Family
Roof
Flat

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylCarpet

Lot

Lot size
5,000 sq ft

Terms

Terms offered
CashConventional

Utilities

Sewer
Sewer Connected

Schools

District
Seattle

What stands out to you?

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  • Multi Family
  • Flat
  • Baseboard
  • None
  • Electric
  • Vinyl
  • Carpet
  • Cash
  • Conventional
  • Sewer Connected

Listing history

  1. Listed

    $1,750,000

    May 27, 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

$10,191

Principal & interest
$8,849
Property tax (est.)
$1,342

Assumes $350,000 down (20%), a $1,400,000 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 13, 2026 at 11:01 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.