Skip to content
JRJeff ReynoldsCompass · Seattle

Listed by Jonny Tat, COMPASS

2,770
Square feet
$469
Per sq ft
Multi Family
Type
1969
Year built
5,000 sq ft
Lot
17
Days on market

About this property

Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2542614
Listed
June 26, 2026
Days on market
17
Price per sq ft
$469

Unit & building

Stories in building
2
Units in building
3

Parking

Total spaces
3

Views

View
Territorial

Construction

Year built
1969
Style
53 - Tri-plex
Structure
Triplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylVinyl PlankCarpet

Lot

Lot features
CurbsPavedSidewalk
Lot size
5,000 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Seattle Public Utilities
Sewer
Seattle Public Utilities
Power
Seattle City Light

Schools

District
Seattle
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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

  • Territorial
  • Triplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Vinyl
  • Vinyl Plank
  • Carpet
  • Curbs
  • Paved
  • Sidewalk

Listing history

  1. Listed

    $1,300,000

    June 26, 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

$7,571

Principal & interest
$6,574
Property tax (est.)
$997

Assumes $260,000 down (20%), a $1,040,000 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.