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JRJeff ReynoldsCompass · Seattle

Listed by Christina McDonald, Coldwell Banker Bain

2,520
Square feet
$395
Per sq ft
Multi Family
Type
1930
Year built
4,557 sq ft
Lot
47
Days on market

About this property

Turn-Key Ballard Investment Opportunity! Savvy investors, take note! Located in a desirable, high-demand rental pocket, this property offers an ideal blend of stability and immediate upside. The main-floor unit is extensively updated with a new kitchen & modern, durable vinyl flooring with a reliable month-to-month tenants who intend to stay. The two lower-level units are vacant and freshly renovated with newer kitchens, new carpet, paint, vinyl flooring and water heater – ready for immediate occupancy. Capital expenditures have been minimized with the 2025 investments in a new re-lined sewer to the City main, exterior paint & new water heaters. All units feature washer/dryer hookups. Property includes a large backyard and a mini-garage for storage. The location is close to transit, parks and local neighborhood amenities.

Location & commute

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Directions

Property details

Listing details

Listing number
#2529702
Listed
May 27, 2026
Days on market
47
Price per sq ft
$395
Original list price
$1,100,000

Unit & building

Stories in building
1
Units in building
3

Parking

Total spaces
1

Construction

Year built
1930
Style
53 - Tri-plex
Structure
Triplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
Ceramic TileVinyl PlankCarpet

Lot

Lot features
CurbsPavedSidewalk
Lot size
4,557 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Seattle PUD
Sewer
Seattle PUD
Power
City of Seattle

Schools

District
Seattle
Elementary
West Woodland
Middle
Hamilton Mid
High
Ballard High

What stands out to you?

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  • Triplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Ceramic Tile
  • Vinyl Plank
  • Carpet
  • Curbs
  • Paved
  • Sidewalk
  • Cash

Listing history

  1. Listed

    $1,100,000

    May 27, 2026

  2. Current price

    $995,000

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

$5,794

Principal & interest
$5,031
Property tax (est.)
$763

Assumes $199,000 down (20%), a $796,000 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.